Data that is required across business processes, areas and systems is called:
Data that is required across business processes, areas and systems is called:
Data that is shared across multiple business processes, areas, and systems falls under Reference Data and Master Data: Reference Data: Defines standard values used across systems, such as country codes, currency codes, and product categories. Master Data: Represents core business entities like customers, products, employees, and suppliers, ensuring consistency across systems. Why the other options are incorrect: A. Event Data → Incorrect. Event data is transactional data generated from business activities (e.g., sales transactions, logs). B. A Data Mart → Incorrect. A Data Mart is a subset of a data warehouse, not data required across business processes. C. Static Data → Incorrect. While static data does not change often, it does not necessarily mean it is shared across business areas. E. Important Data → Incorrect. This is not a technical term in data management.
Data that is shared across multiple business processes, areas, and systems falls under Reference Data and Master Data: Reference Data: Defines standard values used across systems, such as country codes, currency codes, and product categories. Master Data: Represents core business entities like customers, products, employees, and suppliers, ensuring consistency across systems.