1) What is a crucial aspect when transitioning forecasts and insights into practical decisions and strategic orientation? a) Effective data governance b) Data collection c) Data storage d) Data analytics 2) Why is effective communication essential when sharing data-derived information? a) To keep the data a secret b) To confuse the audience c) To realize the complete value of data for the business d) To reduce data sharing 3) Which of the following is NOT a benefit of a successful re-use and maintain data stage? a) Improved decision-making b) Cost savings c) Data obfuscation d) A robust data foundation for future initiatives 4) What is necessary to achieve a balance between extracting value from existing data and ensuring its accuracy and relevance during the re-use and maintain data stage? a) Sound maintenance practices b) Deleting all existing data c) Ignoring data governance d) No policies or guidelines 5) Which stage of the data lifecycle involves contributing to improved decision-making, cost savings, and a robust data foundation for future initiatives? a) Data collection b) Data storage c) Data sharing d) Re-use and maintain data

Data Sharing and Re-Use

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