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Which of the following is not one of the reasons advanced data management is important for organizations? Economy of scale does not apply to data
Which of the following is not one of the reasons advanced data management is important for organizations?
Economy of scale does not apply to data management in organizations, ie more data does not reduce the cost of processing or analyzing data.
A large amount of data is being generated everyday both within and outside of organizations.
Analyzing existing data often creates more data that require more processing and analysis.
Data analytics allow organizations to condense raw data into summarized information useful for managerial decision making.
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