Dаtа lifecycle mаnagement (DLM) invоlves planning, implementing, and managing the entire data life cycle tо оptimize data assets, reduce costs, and minimize risks. Select from the option list provided the term for the DLM phase that best represents each description below. Each choice may be used once, more than once, or not at all. Description Phase 1. MEEN, Inc., maintains data of inactive clients. 2. EZM, LLP, shares data with its employees via cloud. 3. NGM, LLP, secures its data in data marts. 4. EPM, LLC’s data design team produces and accumulates data. 5. MSM, GP, secures architectural designs in data lakes. 6. NGM, LLP’s computer systems team verifies the validity of the data records daily for accuracy as well as confirming data was accessed only by authorized personnel. 7. Maci, Inc., determined its records are obsolete and removed the data. 8. Luna Industries, LLC, safeguards its electronic files for 7 years. 9. Pepper & Egg Pantry, LLP’s sales department transfers the prior month’s sales data to the accounting department by the second day of the following month. 10. Tinker Lubrication, Inc., scrubbed the data collected by certain devices and put the data into a workable format for management to review and decide which work order to put into production next.
Yоu аre аn аuditоr at CP&Assоciates, working on the year-end audit of TechGear, Inc., an e-commerce company specializing in consumer electronics. Your task is to evaluate the effectiveness of TechGear's sales cycle, as represented in a data flow diagram (DFD) prepared by the company’s information system analyst. The DFD encompasses the complete sequence of processes, from when a customer places an order online to when TechGear fulfills and ships the order. As part of your assessment, you must consider the adequacy of the communication between the e-commerce platform, inventory database, order management system, and shipping service to ensure the sales cycle is not only effective but also efficient and secure. TechGear has experienced growth in customer orders, and management is concerned that its current systems may not be adequately scaling to handle the increased demand. Select from the option list provided the best answer for each of the questions below. Exhibits.docx Question Answer Upon reviewing the DFD, you note that the validation of inventory availability occurs after an order is confirmed to the customer. With evidence that some orders have been canceled due to stockouts, what improvement do you recommend for this step in the sales cycle? Sales reports indicate a consistent discrepancy between inventory records and physical stock counts, likely contributing to delays in order processing. What change to inventory management procedures would help in minimizing these discrepancies and improve processing time? Considering the pattern of customer feedback about late deliveries from the customer emails, what steps should TechGear take to improve their order delivery process and customer satisfaction, given that the current DFD lacks a clear mechanism for addressing delivery feedback? While analyzing the TechGear customer order DFD, you notice missing steps for handling and communicating stockouts effectively. Which addition would best improve this part of the process visually, using DFD elements? Within TechGear’s customer order DFD, you have identified inefficiency at the stage where employees are required to manually create documentation. This manual process is a clear source of delays. Which flowchart symbol conventionally illustrates a step involving manual record-keeping that could introduce a time bottleneck? To enhance the data accuracy of the restocking process, which DFD element should be included to represent the return data flow from the shipping service to the inventory database?