What is the logic of crowdsourcing


Professional Homework: Management Strategy Performance

Two Contemporary Companies' Use of Crowdsourcing: Threadless and Challenge Post on Page 77 Answer:

• Why is Threadless so successful?

• What competitive advantages do they have over comparable design ?rms using traditional strategies for product design?

• What is the logic of crowdsourcing and why has it caught on in so many areas and for so many applications?

• What are some potential traps and limitations of crowdsourcing efforts?

• Identify at least two other businesses, or business functions, that you think could achieve breakthrough gains via the use of crowdsourcing.

Format your homework according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Business Management: What is the logic of crowdsourcing
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