True. Decentralized purchasing allows for greater attention to local needs.
Decentralized purchasing refers to a procurement approach where decision-making authority is distributed among various local entities or departments within an organization. This approach brings several advantages, and one of them is the ability to prioritize and address local needs more effectively.
Since the decision-making power is dispersed, local entities have a better understanding of the specific requirements and preferences of their respective regions. This enables them to tailor their purchasing decisions to meet local needs, whether it's sourcing products that are in demand locally or selecting suppliers who can provide goods and services that align with the unique characteristics of the area.
By considering and addressing local needs, decentralized purchasing can contribute to greater customer satisfaction and support the development of local economies.
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If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under _______.
If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under boycotting.
Practices like setting pricing, manipulating contract bids, and dividing up customers among companies that ought to be competing for them are all considered violations of the Sherman Antitrust Act. These infractions are crimes. As a result, they risk receiving severe penalties or lengthy prison terms.Price fixing is an antitrust offense per se. Usually, but not always, real estate brokers charge for their services as a percentage of the sales price, or "commission." In addition, they often give a publicly disclosed portion of that commission to a broker who brings in a customer.
What is an antitrust violation central element?
The main components of an antitrust violation are a contract, a conspiracy between or among competitors to unreasonably impede commerce, or a combination of these, even though antitrust can and does take several forms in real estate.
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You aimlessly wander the mall nearly every weekend without buying anything. When a mother with a child asks you where the nearest toy store is, you know exactly where to direct her. This is an example of _____.
You aimlessly wander the mall nearly every weekend without buying anything. When a mother with a child asks you where the nearest toy store is, you know exactly where to direct her. This is an example of Tolman's latent learning. This is further explained below.
What is Tolman's latent learning.?Generally, Updated in 2018 by Dr. Saul McLeod. A sort of learning known as latent is one that does not show up in the learner's behavior right away, but comes into play later on, when the right motivation and conditions are in place.
In conclusion, You spend most weekends in the mall wandering around aimlessly without purchasing anything. Because you've been around kids, you know where the closest toy shop is located. Tolman's latent learning is on display here.
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Costs, also called differential costs, are the additional costs from selecting a certain course of action.
It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action.
What is differential costs?Differential cost serves as the difference between the cost of alternative decisions.
Therefore, It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action and the cost do take place when a business have several similar options,
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What purpose does the addition of bromine serve in the procedure describe for the isomerization of dimethyl maleate to dimethyl fumarate? provide a mechanistic explanation.
The addition of Bromine isomerises dimethyl maleate into dimethyl femarate using free radical addition mechanism.
Mechanism:-
Dimethyl maleate to dimethyl fumarate using bromine,Dimethyl maleate is extra polar than dimethyl fumarate because it has a dipole moment. In this example, every other solubility factor takes priority, crystal lattice forces.Accepts the free electron and changes its planner shape.
Dimethyl fumarate is used to treat the relapsing kinds of a couple of sclerosis, which include clinically isolated syndrome, relapsing-remitting disease, and energetic secondary revolutionary disorder. This medicinal drug will not therapy, but it can gradual a few disabling outcomes and decrease the variety of relapses of the disorder.
Natural sources of fumaric acid consist of bolete mushrooms, lichen, and Iceland moss. it's also found in papayas, pears and plums, however in very constrained quantities. It changed into first isolated from the plant Fumaria officinalis, that's wherein it derives its name.
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Suppose Baldwin invested in plant and equipment last year. The plant investment was funded with bonds at a face value of $8,000,000 at 12.5% interest and equity of $4,200,000. Depreciation is 15 years straight line. For this transaction alone, which of the following statements are true (select 3 answers)
For Baldwin investing in plant and equipment last with bonds of $8 million at 12.5% and equity of $4.2 million, the true statements are:
3. On the Balance Sheet, Plant & Equipment increased by $12,200,000.5. Depreciation increased by $813,333.7. On the Balance Sheet, Long Term Debt changed by $8,000,000.What are the sources of cash for corporate investments?Corporate investments require cash outlays.
The cash outlays may be sourced internally (through retained earnings and cash) or externally through the issuance of bonds and equity shares.
Thus, for Baldwin's investment, the true statements are Options 3, 5, and 7.
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Question Completion with Answer Options:1. Cash was pulled from Retained Earnings to cover the $4,200,000 difference between plant purchase and bond issue.
2. Cash went down by the amount of the plant purchase.
3. On the Balance Sheet, Plant & Equipment increased by $12,200,000.
4. Buying the plant had no net effect on the Cash account because the plant was paid for by the bond plus Retained Earnings.
5. Depreciation increased by $813,333.
6. Cash went up when the bond was issued by $8,000,000.
7. On the Balance Sheet, Long Term Debt changed by $8,000,000.
8. Since the new plant was funded with debt and equity, on the Balance Sheet, Retained Earnings decreased by $4,200,000, the difference between the investment and the bond issue.
The amount of goods and services people can buy with the money they have is called their:__________.
The amount of goods and services people can buy with the money they have is called the Purchasing power.
The worth of a currency is determined by how many goods or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing. A currency's buying power is another name for its purchasing power.
The term "purchasing" or "buying power" in the context of investments refers to the dollar amount of credit that a client has in relation to the marginable securities that are currently in their brokerage account. The Consumer Price Index, which tracks changes in the prices of products and services over a period of months or years, assesses changes in consumer purchasing power.
The Consumer Price Index, which was first published in 1921 and is calculated each month using information gathered by the Bureau of Labor Statistics from the Census Bureau, shows changes in the cost of 400 carefully chosen commodities, ranging from food to housing. The Consumer Price Index, which measures changes in the prices of goods listed on it, offers the most accurate estimation of consumer spending power.
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Audrey contracts CLEANOUT Inc. to upgrade the plumbing at each of her company's six offices. Audrey wanted the work to be done in two days, but CLEANOUT took three days to complete the work. Which of the following statements is most likely to be true in this scenario? Group of answer choices Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute. CLEANOUT is entitled to a partial recovery under the contract. Audrey can sue CLEANOUT for material breach of contract. Audrey can refuse payment to CLEANOUT. CLEANOUT is entitled to full recovery under the contract.
The statement that is said to be most likely to be true in this scenario are:
Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute. Audrey can sue CLEANOUT for material breach of contract. What is the contract about?In contract law, a "material" breach of contract is known to be a form of breach that took place when one part fails to carry out the contract and this strikes so well at the heart of the contract that it tends to renders the agreement "practically broken"
Note that The statement that is said to be most likely to be true in this scenario are:
Both Audrey and CLEANOUT must consult a neutral third party to resolve their contractual dispute. Audrey can sue CLEANOUT for material breach of contract because it passed the due date.Learn more about contract law from
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Ellie, Josie, and Dylan are partners in a car dealership. Ellie gives notice to Josie and Dylan that she wants to withdraw from the partnership, and Josie and Dylan decide to continue the partnership without her. Shortly after Ellie leaves the partnership, she has lunch with an old friend, Justin. Justin has been looking for a new car and asks about the price of a particular car he saw on the website of the dealership, because he does not know that Ellie has left the partnership. Instead of telling Justin that she has left the partnership, Ellie quotes Dylan a price for the car, and Dylan accepts. When Dylan goes to the car dealership to complete the deal:
When Dylan goes to the car dealership to complete the deal: Unless the dealer has informed Dylan of Ellie's dissociation, the agreement must be honored. This is further explained below.
What is a car dealership?Generally, When a manufacturer enters into a contract with a firm to sell new or pre-owned vehicles to the general public via dealerships, the dealer is referred to as a "dealer" or "dealership."
In conclusion, When Dylan finally makes it to the auto lot to finalize the purchase, This contract is binding unless the dealer has told Dylan that Ellie is no longer associated with the business.
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In the Circular Flow example, some Households have Labor (and possibly other) resources which are ______________ and, therefore, they receive fewer Goods and Services in a Market based economy.
In the Circular Flow example, some Households have Labor (and possibly other) resources that are under-employed and, therefore, receive fewer Goods and Services in a Market-based economy.
A circular flow model is a diagram that is used to represent monetary transactions in an economy. It shows how money, goods, and resources move through a market economy.
The circular flow is the exchange of money between firms and households.
The main factors in the circular flow of economic activity are households (or individuals), firms, and the government.
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The first step in estimating cash flow is to determine the _________ cash flows.
The first step in estimating cash flow is to determine the relevant cash flows.
Relevant cash flows are inflows and overflows of resources whose thought or ejection in the hypothesis assessment could influence the last endeavor choice.
This really expects that while making your capital spending plan, you will not consider cash or cash that has proactively been committed. Innovative work, factual reviewing, old tedious staff remunerations, and various costs won't be considered along with an errand's expected pay concerning thought for adventure examination.
For example, the cost of credibility studies can't be viewed as a relevant cost since whether the recommendation is supported or excused, the cost will go on as in the past.
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By what authority was the creation and existence of a u. S. National bank deemed legitimate?.
A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.
The amount reported for accumulated depreciation will be $6000.
What is accumulated depreciation ?
Accumulated depreciation is the entire amount of depreciation expenditure reported on a company's balance sheet for an asset. It is determined by adding the annual depreciation expenditure amounts.
Given:-
cost=$15,000
residual value=$3,000
estimated useful life=4 years
To find:- Amount of depreciation at the end of the second year.
Solution:
[tex]\frac{15,000-3,000}{4}=3000 per year\\3000\cdot2=6000\\[/tex]
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What are called public services? Give any five examples.
Answer:
Supplying gas or electricity MilitaryPublic transportation ( Bus, Trains+)Emergency services Public broadcasting ( includes television, radio+)Explanation:
hopefully this helps !
Explanation:
Supplying gas or electricityMilitaryPublic transportation ( Bus, Trains+)Emergency servicesPublic broadcasting ( includes television, radio+)Thanking myself for the wonderful answer <33
Which of the following is a coverage that is broad because it can cover personal as well as commercial entities
Specialized Coverage is coverage that is broad because it can cover personal as well as commercial entities.
A business is a commercial for a commercial enterprise. industrial activity is selling goods or offerings for earnings. there may be additionally commercial buying and selling within the ahead and futures markets, typically performed for heading purposes.
A Commercial is defined as paid marketing. An instance of a business is a commercial for soda or cereal.
Commercial means involving or relating to the buying and selling of goods. In its heyday, the city was a major center of industrial and commercial activity.
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Which of the following effects is seen on the money supply and the economy when the Federal Reserve Board raises the discount rate? Multiple Choice People are encouraged to make major purchases, increasing economic activity. Inflation increases, the money supply increases, and economic activity increases. Interest rates increase and the money supply decreases. Interest rates decrease and the money supply increases. Banks make more loans, the money supply increases, and economic activity increases.
When the Fed engages in the action of raising the interest rate, the effect on the money supply and the economy is Interest rates increase and the money supply decreases.
What happens when the discount rate rises?When the discount rate of the nation is increased, it means that the Fed has increased the interest rate at which it loans out money to commercial banks.
As a result, commercial banks will be forced to raise their own rates which would lead to a decrease in money supply as companies and individuals will borrow less money and inject it into the economy.
In conclusion, a rise in the discount rate leads to a fall in money supply.
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As the leader of a company, you designate people to encrypt all company data. Encrypting data is known as
As the leader of a company, you designate people to encrypt all company data. Encrypting data is known as Discretionary Access Control (DAC)
What is Discretionary Access Control (DAC)?
The Trusted Computer System Evaluation Criteria[1] define discretionary access control (DAC) as a sort of access control in computer security "as a method of limiting access to things based on who the subjects are and/or the groups they belong to.The controls are optional in that, unless prohibited by a mandatory access control, a subject who has a given access permission may transfer it (perhaps indirectly) to any other subject."Mandatory access control is frequently contrasted with discretionary access control (MAC). Sometimes, when a system does not have required access control, it is considered to have "discretionary" or "purely discretionary" access control. MAC refers to a second category of access controls that places restrictions on the first, whereas DAC refers to one category of access controls that subjects can transfer among one another. Systems can, however, implement both MAC and DAC simultaneously.To learn more about discretionary access control (DAC)
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Investigations of money laundering are routinely performed by such agencies as the Federal Bureau of Investigation (FBI), DEA, and the Internal Revenue Service (IRS). However, a recently established investigative unit housed under the Department of the Treasury also conducts such investigations. What is the name of this agency under the Department of the Treasury
Office of Terrorism and Financial Intelligence (TFI is the body that the agency that takes care of money laundering.
What is money laundering?Money laundering has to do with all of the activities that involves the illegal concealment or smuggling of money that was obtained through dubious means.
It is when the money that was taken was meant to be for the people of the nation and it gets to the wrong hands who use it for their own gains and purpose.
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Key element(s) of the tort of intentional interference with contractual relations is (are):_______.
The key element(s) of the tort of intentional interference with contractual relations is (are) losses incurred.
The contractual courting definition is a felony courting between two or more parties that are evidenced through The presentation of a suggestion. acceptance of the proffered offer. A valid consideration (felony and valuable)
The different varieties of contractual relations popular in creation nowadays are taken into consideration from the proprietor's, consultant's, contractor's, and criminal viewpoints. The foremost contractual relationships taken into consideration are trendy contractor, turnkey, construction manager, and unbiased prime contracts.
The goal of a powerful contractual relation is, first and primary, to shield the interests of every celebration. This security function prevents any abuse or potential exploitation. additionally, it confirms all the provisions of the events, being dependable evidence of the occurrence of a selected event.
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Mrs. kendrick is in good health, has worked for many years and is six months away from turning 65. She wants to know what she will have to do to enroll:________
If She wants to know what she will have to do to enroll: She may enroll in an Medicare plan starting from three months immediately before her first entitlement to both Part A Medicare and Part B Medicare.
What is Medicare plan?Medicare plan can be defined as an health insurance coverage that help to cover the medical expenses or costs of those that enroll under the plan.
Hence, If She wants to know what she will have to do to enroll Mrs. kendrick may enroll in an Medicare plan starting from three months immediately before her first entitlement to both Part A Medicare and Part B Medicare.
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Answer:
Explanation:
She may enroll in an MA plan beginning three months immediately before her first entitlement to both Medicare Part A and Part B.
Write the Definition in your own words
Cash Basis of Accounting:
Cash basis of accounting is the one that recognizes when cash has been paid and received unlike accrual basis.
What is cash basis of accounting?Cash basis of accounting is the one that recognizes when revenue when received unlike accrual basis.
It is important to know that cash basis of accounting ensures the company always knows how much cash flow it has.
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Cash basis accounting is an accounting method that records revenues and expenses when cash is received or paid.
What differentiates cash basis from accrual accounting method?The cash basis accounting method recognizes revenue and expenses when cash exchanges hands.
On the other hand, the accrual basis recognizes revenue and expenses when performance obligations arise.
Thus, cash basis accounting is a method that recognizes revenue and expenses immediately after cash is received.
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The final step in all three methods (direct, sequential, and reciprocal services) of allocating $600,000 in support department costs to production departments is to:________
In support department costs to production departments is to apply production department costs to products. The term "Department Expenses" refers to costs associated with the Department carrying out and administering its powers, duties, and functions in relation to Mortgage Loans.
This includes, but is not limited to, salaries, supplies, utilities, labor, and furnishings. Cost allocation from support departments to producing department is necessary to apply the support expenses, which are portion of the overall product costs, to the products. Calculate the producing departments' predetermined overhead rates. Production something is the act of creating something out of components or raw resources.
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Nicolas signed an installment agreement to borrow $1,000 for 3 years to be paid back monthly. The cost of the loan is $195.56. What is the APR
Annual percentage rate or APR is a credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR).
Now, According to the Question,
We are Given :-
Amount Financed = $1,000Time = 3 Years, paid back monthlyCost of Loan = $195.56CALCULATION
Finance Charge / Amount Financed =
$195.56 / $1,000 = 19.56
Table factor of 19.56 at 36 periods = 12% APR
Therefore the APR for the borrowed money is 12%
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Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities?
The elasticity of demand for gasoline is inelastic.
The cross price elasticity of gasoline and SUVs is negative.
What is the elasticity of demand and cross price elasticity?Price elasticity of demand measures the responsiveness of quantity demanded to a change in price of the good. Price elasticity of demand is determined by dividing the percentage change in quantity demanded for a good by the price of that good.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity when demand is inelastic would be less than one
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
5% / 20% = 0.25
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B. . Cross price elasticity is used to determine if two goods are substitute goods or complement goods. If cross price elasticity of demand is negative, it means that the goods are complementary goods.
Cross - price elasticity = -30% / 20% =-1.5
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What do we call the person or group who provides funding for the development of the new system?
We call the person or group who provides funding for the development of the new system as a client.
In the business, commerce, as well as economics, a client is known as a person who receives advice or services from a professional.
For example services by a lawyer or a health care provider. Clients are different from customers.
In that customers are thought of as "one-time buyers" while clients can be considered as "long-term recipients.
For example: Lawyers and attorneys also have different clients. An important aspect of a lawyer's job is developing and managing relationships with clients.
If the lawyer works for a government agency or corporation, the client's employees can work for him. Lawyers give legal advice to their clients as part of the legal process.
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The adjusting entry for accrued expenses includes:________
a. a credit to an asset account.
b. a credit to an expense account.
c. a debit to an expense account.
d. a debit to a liability account.
The adjusting entry for accrued expenses includes a debit to an expense account.
Accrued expenses are defined as costs that have already been paid but have not yet been recorded, requiring adjusting entries and the inclusion of costs like interest, salary, and tax expenses. The fact that the date on which salaries are received may not always coincide with the end of the accounting period necessitates an adjustment.
To record employee earnings that have been earned but not yet paid, an adjustment entry for accrued salaries and expenses is created. It's vital to debit wages expenses and credit salaries payable for this purpose.
Hence, option C is the correct option
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Assume an economy is operating on its production possibility frontier, which shows the production of military and civilian goods. If the output of military goods is increased, the output of civilian goods:
If the output of military goods is increased, the output of civilian goods: must decrease
This is Production Possibilities Frontier
What is Production Possibilities Frontier ?The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology.
The shape of the PPF depends on whether there are increasing, decreasing, or constant costs.Points that lie on the PPF illustrate combinations of output that are productively efficient. We cannot determine which points are allocatively efficient without knowing preferences.Learn more about Production Possibilities Frontier (PPF) here:
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If a firm increases its plowback ratio, this will definitely result in _______ p/e ratio.
If a firm increases its plowback ratio, based on this information solely it can not be determined what will happen to the p/e ratio.
The amount of earnings left over after dividend payments are measured by the plowback ratio, a fundamental analysis ratio.
The retention ratio is the most frequent name for it.
The payout ratio, on the other hand, measures the amount of dividends paid out as a percentage of earnings.
The plowback ratio shows how much profit is kept within a company rather than distributed to investors.
Plowback ratios are typically greater in younger companies.
These businesses are more committed to business expansion and are growing more quickly.
Businesses that are more established rely less on reinvested profits to grow.
Companies that do not pay dividends have a ratio of 100%, while those that distribute all of their net income have a ratio of 0%.
Hence, the answer can not be determined based on the given information.
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Which of the following is LEAST likely to be considered in establishing the value of a property by the sales comparison approach
The item that is LEAST likely to be considered in establishing the value of a property by the sales comparison approach is capitalization rate.
What is capitalization rate?This is usually associated with real estate, which is the returns on investment or properties hence helps in evaluating a real estate investment. it is the percentage rate of return that a property will produce on the owner's investment.
In other words, capitalized interest refers to interest that is added to some kind of debt and that is included in current balance accounts, as opposed to waiting to figure in the cost of interest.
The capitalization rate are measures, used to estimate and compare the rates of return on multiple commercial real estates, which is calculated as the ratio between the annual rental income produced by a real estate asset to its current market value.
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What happens when an appraiser determines a property’s value to be less than the pre-approved loan amount?
When an appraiser determines a property’s value to be less than the pre-approved loan amount then most buyers will have an appraisal contingency, so they can go back and get a serious money back.
An appraisal is an unbiased professional opinion on the value of a home and is used whenever a mortgage involves the purchase, refinance, or sale of that property.
A qualified appraiser generates a report based on direct inspection, using recent sales of similar properties, current market trends, and aspects of the home (e.g.: amenities, floor plans, square footage, etc.) square feet) to determine the assessed value of the property. Borrowers typically pay due diligence fees, which can run up to several hundred dollars.
When the appraised value is lower than expected, the transaction may be delayed or even canceled. Almost all mortgage applications require the lender to appraise the home as part of the underwriting process. Ideally, the lender wants to see the appraised value equal to or greater than the price agreed upon by the buyer and seller, but sometimes the appraised price is lower. In these situations, the buyer and seller must come to a mutually beneficial solution to ensure the transaction goes through.
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________ is a process that spans all organizational business processes and applications.
Master Data Management is a process that spans all organizational business processes and applications.
Master Data Management is a technology-enabled discipline where business and information technology work together to ensure the integrity, accuracy, governance, semantic consistency, and accountability of an organization's publicly shared master data assets.
Master data management (MDM) has four implementation styles, each with different characteristics to suit the needs of different organizations. These include integration, registration, centralization, and ultimately coexistence.
Although master data management applies only to entities and not to transactional data, data warehouses inherently contain both transactional and non-transactional data. The easiest way to think of this is that MDM only affects the data that exists in the dimension tables, not the fact tables.
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