Assignment: Management Strategy
Two Contemporary Companies' Use of Crowdsourcing: Threadless and Challenge Post on attached document:
1. Why is Threadless so successful?
2. What competitive advantages do they have over comparable design ?rms using traditional strategies for product design?
3. What is the logic of crowdsourcing and why has it caught on in so many areas and for so many applications?
4. What are some potential traps and limitations of crowdsourcing efforts?
5. Identify at least two other businesses, or business functions, that you think could achieve breakthrough gains via the use of crowdsourcing.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.