Knowee
Questions
Features
Study Tools

Fill in the Blank QuestionFill in the blank question.DDDM refers to Data Driven Making.

Question

Fill in the Blank Question

Fill in the blank question.
DDDM refers to Data Driven ______ Making.

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct completion for the statement is: "DDDM refers to Data Driven Decision Making."

Data Driven Decision Making (DDDM) is an approach that emphasizes the importance of using data analysis and interpretation to guide choices and strategies within an organization or project. Instead of relying solely on intuition or traditional practices, DDDM encourages decision-makers to analyze quantitative and qualitative data collected from various sources. This can include metrics from marketing campaigns, customer feedback, sales figures, and operational performance.

By utilizing DDDM, organizations aim to optimize their strategies, improve efficiency, reduce risks, and enhance overall performance. The process usually involves defining the problem, collecting relevant data, and using analytic tools to derive insights that inform the decision-making process. The ultimate goal is to make informed decisions that contribute to achieving organizational objectives.

This problem has been solved

Similar Questions

DDL is the abbreviation ofAData Definition LanguageBData Derivation LanguageCDescription Language

IN THE DATA PROCESSING CYCLE, WHAT DOES D REPRESENT?AData InputBData ProcessingCInformation OutputDData Storage

Question 3The CREATE TABLE statement is a....1 pointDML statementDDL statementBoth of the above

What does DML stand for in SQL?1 pointData Management LanguageData Manipulation LanguageData Modification LanguageData Mining Language

Definition of DDL.Examples of DDL commands (CREATE, ALTER, DROP).Use cases and scenarios where DDL is employed.

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.