What data needs to be updated?

In order to ensure accurate and relevant information, it is important to regularly update certain types of data. These include customer information such as contact details, purchase history and preferences. Product and service information needs to be updated as well, particularly pricing and availability. Financial data such as sales figures, expenses and profits also needs to be tracked and updated. In addition, data related to industry trends, competitors and market conditions should be regularly reviewed and updated to inform business strategy.

This mind map was published on 18 May 2023 and has been viewed 68 times.