Difficulty: Medium
Correct Answer: Master Data Management, a set of processes and tools used to define and maintain consistent, trusted core business data across systems
Explanation:
Introduction / Context:
In business intelligence and data warehousing, organizations rely on a small set of core entities such as customers, products, suppliers, and locations. Data about these entities often appears in many different systems. Master Data Management, commonly abbreviated as MDM, addresses the challenge of keeping this core data consistent, accurate, and synchronized. This question checks whether you can expand the acronym correctly and understand its role in enterprise data strategies.
Given Data / Assumptions:
Concept / Approach:
Within data management and business intelligence, MDM stands for Master Data Management. It covers processes, policies, and technologies that maintain a single authoritative view of core business data. MDM solutions often include data cleansing, matching, survivorship rules, and workflows for stewardship. They feed consistent master records into reporting systems, operational applications, and integration platforms, reducing duplication and conflicting information.
Step-by-Step Solution:
Step 1: Interpret the context of the question, which is clearly about business intelligence and not about mobile hardware or operating systems.
Step 2: Recall that in this domain, MDM is strongly associated with Master Data Management.
Step 3: Recognize that Master Data Management deals with central management of key reference entities across multiple applications.
Step 4: Compare answer choices and see that option a correctly describes Master Data Management and its purpose.
Step 5: Eliminate the other options, which either describe unrelated concepts or misuse the acronym.
Verification / Alternative check:
Vendor documentation for enterprise data platforms often uses the term MDM in the context of consolidating customer, product, and supplier data in a master hub. Features such as data matching, survivorship, hierarchies, and reference data management are highlighted. This usage matches Master Data Management, not the alternative expansions listed in the wrong options. It also aligns with BI challenges such as data quality and consistent reporting.
Why Other Options Are Wrong:
Option b describes Mobile Device Management, a real concept but one that relates to managing phones and tablets rather than enterprise master data. Option c, Mainframe Data Migration, might be a project task but is not the standard expansion of MDM. Option d confuses metadata modeling with user interface design, and option e describes mirroring databases without governance, which is neither precise nor commonly called MDM in this context.
Common Pitfalls:
One common pitfall is to answer based only on familiarity with MDM in information technology operations, where it can also mean Mobile Device Management. In a business intelligence or data warehousing interview, however, the expected meaning is Master Data Management. Always pay close attention to the domain implied by the question before expanding an acronym.
Final Answer:
In the context of enterprise data and business intelligence, MDM stands for Master Data Management, which focuses on maintaining consistent, trusted master data across systems, as described in option a.
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