ADMS 2511 Chapter Notes - Chapter 3: Business Process, Knowledge Base, Master Data Management

• School: York University
• Department: Administrative Studies
• Course: ADMS 2511
• Professor: Peter Rumyee

Document Summary

Managing data: difficulties of managing data. Amount of data increases exponentially with time. External sources: ata downloaded from the web in form of clickstream data. Produced by visitors and customers when visiting. Data scattered throughout organizations and collected by many a site and clicking hyperlink individuals using different methods and devices. Data are also subject to data rot. Problems with media on which the data are stored: physical problems with storage media. Organizations have developed information systems for specific business processes. Federal government regulations require companies to account for how information is being managed: public companies evaluate and disclose the effectiveness of their internal financial controls. Independent auditors for these companies confirm this: data governance disclosure. Data governance approach to managing information across entire organization. Formal set of business procedures: objective is to make information. Master data management: process that spans all of orga(cid:374)izatio(cid:374)"s (cid:271)usi(cid:374)ess pro(cid:272)esses and applications. Provides ability t ostore, maintain, exchange, info: master data.