What aspect of data is critical for supporting informed decision-making?

Prepare for the DAMA Data Management Body of Knowledge Exam with multiple choice questions. Each query comes with hints and explanations. Excel in your exam with confidence and comprehensive understanding!

The quality and accessibility of data are crucial for supporting informed decision-making because they ensure that decision-makers can rely on the information presented to them. High-quality data is accurate, consistent, complete, and timely; these attributes are essential for drawing meaningful conclusions that can guide actions and strategies. If the data is flawed or unreliable, decisions based on that data may lead to poor outcomes and misinformed strategies.

Additionally, accessibility refers to how easily stakeholders can access and understand the data. Even high-quality data is of little use if it is not readily available or if users cannot navigate or interpret it effectively. Accessibility includes having data stored in user-friendly formats, ensuring compliance with privacy regulations, and providing the necessary tools for data analysis. Together, these factors empower organizations to make decisions based on solid evidence, ultimately enhancing business intelligence and operational efficiency.

In contrast, while the aesthetic presentation of data can improve user engagement and interpretation, it does not inherently influence the accuracy or relevancy of the data itself. Similarly, the sheer volume of data collected can overwhelm decision-makers if the quality is lacking, and having large quantities of data does not guarantee that informed decisions can be made. Lastly, the speed of data transmission is important for efficiency, but it does not directly impact the

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy