A company X was acquired by another company Y. Company Y came into possession of customer feedback data collected by company X. What can be said about the nature of the data?

The data is primary data as company X is owned by company Y.

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The data is primary data only if used for the purpose envisioned by the company X.

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The data is secondary as it was collected by company X for its own purpose.

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None of these

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Solution

The correct option is C The data is secondary as it was collected by company X for its own purpose.
The data collected by another party is classified as secondary data irrespective of the purpose which it is used for.

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A company X was acquired by another company Y. Company Y came into possession of customer feedback data collected by company X. What can be said about the nature of the data?

The correct option is C The data is secondary as it was collected by company X for its own purpose.The data collected by another party is classified as secondary data irrespective of the purpose which it is used for.

The correct option is C The data is secondary as it was collected by company X for its own purpose.
The data collected by another party is classified as secondary data irrespective of the purpose which it is used for.