Question

Data that are inaccurate, incomplete, or inconsistent create serious operational and financial problems for businesses because they create inaccuracies in product pricing, customer accounts, and inventory data, and lead to inaccurate decisions about the actions that should be taken by the firm.Which of the following is not a step a firm might take to make sure they have a high level of data quality?a. A firm would not use in-memory computing to make sure they have a high level of data quality. In-memory computing is technology for the very rapid analysis and processing of large quantities of data by storing the data in the computer's main memory rather than in secondary storage.

b. A firm should use enterprise-wide data standards to make sure they have a high level of data quality.

c. A firm should use databases designed to minimize inconsistent and redundant data to make sure they have a high level of data quality.

d. A firm should use data cleansing software to make sure they have a high level of data quality.

Answer 1

A firm would not use in-memory computing to make sure they have a high level of data quality ( A )

Step-by-step explanation:

One of the best steps a firm should use in order to avoid inaccurate, incomplete or inconsistent Data is to use IN-MEMORY computing because it is a technology that guarantees the very rapid analysis an processing of large quantities of data and also stores the data in the computer's main memory and not the secondary memory which could easily be compromised leading to inconsistent and inaccurate data.

The rapid and accurate analysis of Data by a firm is very important for every firm because it enables the firm to eliminate operational and financial problems that is usually caused by wrong data.

Answer 2

A) A firm would not use in-memory computing to make sure they have a high level of data quality. In-memory computing is technology for the very rapid analysis and processing of large quantities of data by storing the data in the computer's main memory rather than in secondary storage.

Step-by-step explanation:

In-memory computing technology is useful for carrying out rapid analysis and processing of data, but it has certain limitations like only storing the information in the company's main computer memory and not use a secondary storage.

Instead, companies should focus on using enterprise wide data standards to ensure that their level of data quality is very high. They should also use only databases designed to minimize redundant data, since inconsistent or redundant data reduces the quality level of the information. In order to eliminate redundant or inconsistent data the company should use data cleansing software.