Chapter 6, Problem 4RQ

Explanation of Solution

Role of information policy in information management

• It is very essential to manage a firm’s data resources and hence there needs to be an information policy, data administration and data quality assurance.
• Information policy is an organization rule for sharing, disseminating, acquiring, standardizing, classifying company wide information.
• An information policy is formed and established by managers.
• An information policy focuses on employee accountability.
• It ensures that information is secure and kept confidential...

Explanation of Solution

Data quality audits and data cleansing

• A data quality audit is defined as an organized survey of company data in an information system that checks for accuracy and completeness.
• Data cleansing is defined as the procedure for which inconsistent and inaccurate data is found and corrected in order to allow for a smooth running database.
• Data quality audits and data cleansing are essential because they can prevent or limit the amount of inaccurate, incomplete or inconsistent data in a database...