Question

List three types of waste or damages that data errors can cause.

Answer 1

Answer)
Data is very important to the organization and thus storing, retrieving, analyzing, managing and also processing the data is very important. Data errors can be caused by the writing, reading, storing or the transmission or processing errors of the data which is stored or received. Thus the data errors can cause many problems for the organization such as:
Quality issues in the data which is the major waste or damage, and thus this is a major problem
Wrong or faulty analysis of the data as the analysis made on the erroneous data will also be erroneous and thus the data has to be correct before any analysis can be done on it.
Loss of revenue in correcting the data and analyzing it, as errors occurred because of incorrect data will require time and money to be fixed and for working correctly.