What are some potential traps of crowdsourcing efforts


Assignment: Crowdsourcing

Review :

Two Contemporary Companies' Use of Crowdsourcing: Threadless and ChallengePost on Page 77

Answer:

1. Why is Threadless so successful?

2. What competitive advantages do they have over comparable design firms 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.

Format your assignment according to the following formatting requirements:

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

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

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

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Marketing Management: What are some potential traps of crowdsourcing efforts
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