What is meant by 'data sharing' in the context of DAMA-DMBOK?

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!

Data sharing, as defined in the context of the DAMA-DMBOK, refers to the practice of making data accessible to various users or systems within an organization. This concept emphasizes the importance of enabling different stakeholders, departments, or systems to utilize the available data for decision-making, analytics, and operational processes. Data sharing fosters collaboration, enhances data usability, and can improve overall organizational efficiency by ensuring that relevant data is readily available to those who need it.

Creating an environment where data can be shared appropriately encourages a data-driven culture in an organization, where insights can be derived from collective information. This practice can include employing data governance frameworks to maintain data quality, security, and compliance while maximizing the value derived from data assets.

In contrast, allowing only select employees access to data restricts the potential benefits of data sharing and creates silos, which can lead to incomplete insights. Denying data access to external parties focuses on limiting access rather than fostering sharing. Archiving data for future use pertains to data retention and does not involve active sharing of current or relevant data with users or systems.

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