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Exemplifying Business Opportunities for Improving Data Quality From Corporate Household Research

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Author Info
Madnick, Stuart
Wang, Richard
Chettayar, Krishna
Dravis, Frank
Funk, James
Katz-Haas, Raïssa
Lee, Cindy
Lee, Yang
Xian, Xiang
Bhansali, Sumit
Abstract

Corporate household (CHH) refers to the organizational information about the structure within the corporation and a variety of inter-organizational relationships. Knowledge derived from this data is becoming increasingly important for improving data quality in applications, such as Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM), risk management, and sales and market promotion. Extending the concepts from our previous CHH research, we exemplify in this paper the importance of improved corporate household knowledge and processing in various business application areas. Additionally, we provide examples of CHH business rules that are often implicit and fragmented - understood and practiced by different domain experts across functional areas of the firm. This paper is intended to form a foundation for further research to systematically investigate, capture, and build a body of corporate householding knowledge across diverse business applications.

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File URL: http://hdl.handle.net/1721.1/7401
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Publisher Info
Paper provided by Massachusetts Institute of Technology (MIT), Sloan School of Management in its series Working papers with number 4481-04.

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Date of creation: 10 Dec 2004
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Handle: RePEc:mit:sloanp:7401

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Postal: MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), SLOAN SCHOOL OF MANAGEMENT, 50 MEMORIAL DRIVE CAMBRIDGE MASSACHUSETTS 02142 USA

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Related research
Keywords: Corporate Householding; Data Quality; Organizational Structures; Interdependence; Name Matching; Entity Aggregation; Information Quality; Account Consolidation; Conflict of Interest; Risk Management; Customer Relationship Management (CRM); Supply Chain Management (SCM); Regulation and Disclosure;

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