Businesses and entrepreneurs have turned to the ________ model to raise capital for business start-ups or projects using sites such as Kickstarer.com.
A)Global graph
B)Crowdsourcing
C)Crowdfunding
D)Social brainstorming

Question

Quizplus · Accepted Answer

Crowdfunding is the model used by businesses and entrepreneurs to raise capital for business startups or projects using sites like Kickstarter.com. Crowdfunding allows individuals or organizations to pool their resources and invest in a project or venture. This model has gained popularity in recent years, as it provides an opportunity for anyone to support and invest in a project they believe in, while also providing entrepreneurs with access to capital without going through the traditional financing channels.

Businesses and Entrepreneurs Have Turned to the ________ Model to Raise