Firms subscribing to syndicated data have substantial control over what information is collected and in what format the information comes.

Question

Quizplus · Accepted Answer

Firms subscribing to syndicated data do not have control over what information is collected and in what format the information comes. The data is collected by a third-party provider and is sold to multiple subscribers. The format and content of the data are standardized and cannot be customized for individual subscribers.

Firms Subscribing to Syndicated Data Have Substantial Control Over What