Prepare for the WGU BUS2770 D467 Exploring Data Exam. Dive into interactive quizzes and insightful flashcards, each featuring detailed explanations to optimize your learning experience, and get exam-ready!

Multiple Choice

What term describes the process used to ensure formal management of an organization's data assets?

Data governance is the formal framework that defines who can do what with data, under which rules, and how decisions about data are made. It sets policies, assigns roles and responsibilities, and establishes accountability to ensure data assets are managed consistently, securely, and compliantly across the organization. This goes beyond handling data itself (data management, which is the broader lifecycle of data) or focusing only on data quality (the accuracy and reliability of data) or data architecture (the design of data systems). So, the process that ensures formal management of an organization’s data assets is data governance.

Data governance is the formal framework that defines who can do what with data, under which rules, and how decisions about data are made. It sets policies, assigns roles and responsibilities, and establishes accountability to ensure data assets are managed consistently, securely, and compliantly across the organization. This goes beyond handling data itself (data management, which is the broader lifecycle of data) or focusing only on data quality (the accuracy and reliability of data) or data architecture (the design of data systems). So, the process that ensures formal management of an organization’s data assets is data governance.