A company that merged with another firm wants to establish a central, authoritative resource for key records such as customer and product information. Which approach best supports consistent data management across the newly integrated departments?
Master data management (MDM) ensures critical information is consolidated into a single, authoritative source, standardizing records across systems following organizational changes. Data Dictionary provides metadata about data but does not unify records. Single Data Repository (SDP) is not a recognized term. Data classification policies help define sensitivity levels but do not create a unified source for information.
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What exactly is Master Data Management (MDM)?
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How does MDM differ from a Data Dictionary?
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What are the benefits of implementing MDM in an organization post-merger?