Explain the importance of accurate data in today’s business environment.

During your weekly trip to the grocery store, you purchase bread, milk, cold cereal, bananas, and ice cream. The purchase was made using a debit card. Create a table listing at least seven data items (different kinds of information – don’t just list seven items purchased) collected in this transaction and how they are entered into the system (for example, manually or scanned). Include the following: • Explain the importance of accurate data in today’s business environment. • Describe how data is collected and stored in today’s business environment. • Explain the role of databases in data storage. • Summarize the role of analytic tools in data intelligence.