Which of the following does NOT refer to a disadvantage of standardized information?
A) The ability to customize some projects is lost when using a standardized service.
B) The company providing the standardized service may not know the idiosyncrasies of a particular industry.
C) There is a greater burden on the client to ensure that the standardized service fits the intended situation.
D) Buyer firms often must commit to long-term contracts when buying standardized data.
E) Client firms need to be very familiar with the service provided, including what data are collected on which population, how the data are collected, and how the data are reported before they purchase the service.
Answer: D) Buyer firms often must commit to long-term contracts when buying standardized data.