Crowdly

Organizations

operating in the same sector or industry will have in their account charts

accounts that are:

Different

because organizations are different even within the same industry.

The

same in all aspects.

Not

following any particular pattern of similarity / dissimilarity.

Similar

and common in that industry.

A challenge faced by companies today regarding data in the organisation

is:

Processing

large, often unstructured, amounts of data to gain valuable information that

can then feed into strategic, tactical, and operational business decisions

The processing cost of large amount of data outweighs the benefits as

only a very small percentage of the processed data is valuable enough to make a

real impact on day to day operations.

Processing a small amount of data at a high cost

The quality of the data obtained

The 2 categories of data are:

Processed and unprocessed

Structured and unstructured data

Sorted and Unstructured

Structured and organised data

Database management systems enable users to execute queries and generate outputs.

__________ is raw data that has been processed by the

company’s computerised information system.

Information

Facts

Knowledge

Database

An organisation can have multiple types of databases and data residing

in various databases, located at different locations, having different

structures yet storing similar/the same information in them and vice versa.

Data mining software is

used to interactively and rapidly analyse large data sets from various

viewpoints.

Database mining software is used to analyse data sets in order to uncover previously unknown trends, patterns and relationships between data.

Which database language is used to retrieve data from the database?

Data query language

✅

Data control language

❌

Data definition language

❌

Data manipulation language

❌