From a business perspective,raw data is transformed systematically during various stages,transforming it into valuable information,in a process called
A)the information value chain.
B)the IT value chain.
C)information processing.
D)feedback.
E)dissemination.

Question

Quizplus · Accepted Answer

The process of transforming raw data into valuable information is referred to as the information value chain. This process involves a series of stages, including data collection, data cleaning, data transformation, analysis, and visualization. Each stage adds value to the data, improving its quality, usability, and relevance for decision-making. The information value chain is a critical component of business intelligence and data analytics, enabling organizations to derive insights and competitive advantages from their data assets.

From a Business Perspective,raw Data Is Transformed Systematically During Various