Which of the following defines the policies and procedures for managing the master data?
Comprehensive and Detailed In-Depth
Data governance encompasses the overall management of data availability, usability, integrity, and security within an organization. It involves establishing policies and procedures to ensure that data is managed effectively and consistently across the organization.
Option A:Data administration
Rationale:Data administration focuses on the technical aspects of managing data assets, including database management and maintenance. While important, it does not encompass the broader policy-making scope of data governance.
Option B:Data stewardship
Rationale:Data stewardship involves overseeing the lifecycle of data, ensuring its quality and proper usage. Stewards implement the policies set forth by data governance but do not define those policies themselves.
Option C:Data ownership
Rationale:Data ownership assigns responsibility for specific data assets to individuals or departments. Owners are accountable for the data but do not establish the overarching policies and procedures.
Option D:Data governance
Rationale:Data governance is the framework that defines the policies and procedures for managing master data, ensuring consistency, quality, and protection across the organization.
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