Master data management (MDM) is the practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems. MDM is commonly included in data governance.

Question

Quizplus · Accepted Answer

Master Data Management (MDM) indeed focuses on the management of core business entities (such as customers, products, employees, etc.) to ensure their data is accurate, consistent, and complete across the organization, and it is a key component of data governance strategies, which aim to manage data's accuracy, availability, and usability within an organization.

Master Data Management (MDM) Is the Practice of Gathering Data