The principle of ________ explains why most organizations cannot operate at peak performance with blind spots (lack of data availability)of 30 days or longer.Global financial services institutions rely on near-real-time data for peak performance.
A)data in context
B)90/90 data use
C)diminishing data value
D)data quality

Question

Quizplus · Accepted Answer

The principle of diminishing data value states that the value of data decreases as time passes, and blind spots of 30 days or longer can significantly impact an organization's performance. Therefore, global financial services institutions require near-real-time data to operate at peak performance. Choices A, B, and D are all important principles in data management but do not directly address the issue of blind spots in data availability.

The Principle of ________ Explains Why Most Organizations Cannot Operate