Which type of company dominates the data collection landscape?
A)Social media research companies
B)Panel companies
C)Micromarketing companies
D)Media research companies

Question

Quizplus · Accepted Answer

Panel companies dominate the data collection landscape as they recruit and maintain panels of individuals who are willing to participate in market research surveys or studies. These companies provide a convenient and cost-effective way for businesses to gather large amounts of data from a diverse group of people. Social media research companies, micromarketing companies, and media research companies also play a significant role in data collection, but panel companies are the most prevalent in the industry.

Which Type of Company Dominates the Data Collection Landscape