Discuss Master Data Management
What will be an ideal response?
Master Data Management refers to the disciplines, technologies and methods to ensure the currency, meaning and quality of reference data within various subject areas. MDM ensures that everyone knows facts such as the current salary of an employee, the current address of a customer, etc. Master data could be a simple list. MDM does not address transactional data.
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The stakeholder theory operates on:
A. a socialist premise that business has obligations to society at large. B. the cooperation of all who have a vested interest in the success of the business. C. a network of tensions-the competing internal and external demands that form the business context. D. the assumption that hierarchical decisions and command and control are best.
It is common practice for an agency to have a case heard by one official and decided
by another. a. True b. False
To increase the demand for complementary products, the price of a product often is
A. marked up. B. value-subtracted. C. maintained. D. marked down. E. off-priced.
Burgess had a $50,000 life insurance policy with a double indemnity clause. Burgess had not yet paid the annual premium of $200 when he was killed in an automobile accident. How much will his beneficiary receive?