Q2. What are the benefits of adopting a schema standardized for a business sector?

Answer:

The benefits of adopting a schema standardized for a business sector are ...
1. The extensibility and structured nature of the standardized schema allows information to be used for communication between different systems.
2. The information sharing, system interoperability knowledge transfer between different computing teams becomes easier as well (because of the same format from the standard).
3. The information creator can format and distribute the information via a multitude of different channels with minimal effort. (because everyone in the business sector knows the standardized scheme)
4. Retrieve the content and data once, deliver many times and in many formats with ease.
(Intranet Journal, 2003)


Reference:

1. Intranet Journal (2003). "XML Tutorial". Intranet Journal Building the Corporate Enterprise, Retrieved Mar-16th-2009 from URL - http://www.intranetjournal.com/articles/200312/ij_12_08_03a.html