Which of the following needs can be addressed primarily through crowdsourcing?
A) A company wants to procure a library of freely downloadable photographs for its photo app.
B) A company wants to increase profits by raising subscription fees to its video streaming app.
C) A company wants to reduce waste in its manufacturing process by working with a single vendor.
D) A company wants to raise funding to support expansion of its product lines.
Correct Answer:
Verified
Q17: A company launching 100% through bootstrapping would
Q18: Using whatever resources you have to save
Q19: The process of raising capital for a
Q20: Crowdfunding is a resource for _.
A)talent
B)intellectual property
C)money
D)labor
Q21: As discussed in the text,Crowdfunder,AngelList,Fundable,and Circle Up
Q23: What is characteristic of the reward model
Q24: What is characteristic of the patronage model
Q25: The most established crowdfunding site is _.
A)Indiegogo
B)Kickstarter
C)Crowdrise
D)Tilt
Q26: What is characteristic of the lending model
Q27: What is the most effective reward to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents