A syndicated services data firm collects data in a standard format and makes it available to:
A)only the first firm that purchases the data
B)all who subscribe to the data
C)shareholders in the company
D)government regulators
E)no one; syndicated services data firms do not collect data in a standard format

Question

Quizplus · Accepted Answer

Syndicated services data firms collect data in a standard format and make it available to all who subscribe to the data. This is how they generate revenue and provide value to their clients. It is not limited to the first firm that purchases the data or shareholders in the company, nor is it typically provided to government regulators. The option of E is incorrect as it contradicts the premise of the question.

A Syndicated Services Data Firm Collects Data in a Standard