What is the value of master data to an organization


Discuss the below in detail:

1. In your words what is Master Data?

2. What is the value of Master Data to an organization?

3. There are many reasons why organizations are addressing a need for MDM now, even though they may not have paid attention to it in the past. Why do you think this is? What is the management of master data doing for an organization? What is it doing for Dell?

4. Give examples of how Dell and or other companies value master data?

5. What might be a definable ROI as a result of good master data management? List some benefits.

6. What are some challenges an organization might face in setting up and maintaining master data

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Management Information Sys: What is the value of master data to an organization
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