Are instructions to a computer on how to process data.

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In the business world, data is a multifaceted concept.

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Data can be used to measure performance in virtually any situation.

It can also be used as a way to make predictions about future outcomes based on past observations. But what is data?

In simplest terms, it’s instructions that tell a computer how to process information or perform tasks for humans.

But there are many types of data and each one has its own purpose and function.

For example, descriptive data provides facts about people or events while transactional data records transactions between people and organizations like banks or supermarkets.

The two most common forms of transactional data are financial transaction records and customer loyalty cards which store points earned by consumers who shop at that establishment but this type a to instructions .

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