)Crowdsourcing continues to be an emerging online trend to help new ventures gen
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Question
)Crowdsourcing continues to be an emerging online trend to help new ventures generate significant financial support and also awareness. At the same time, like with all business tools, there are also several lessons learned from crowdsourcing campaigns, which have had challenges. Therefore, when looking at the crowdsourcing theory, but also then actual practice, other than revenue generation and media awareness/public relations effectiveness please list and also explain three more main ways crowdsourcing has helped new ventures with huge success and impact with an example for each (6 points).? At the same time, once again there are challenges with crowdsourcing. Please provide 4 different examples of crowdsourcing campaigns, which they have had their challenges and briefly explain why each campaign had these challenges with examples (4 points)?Explanation / Answer
Benefits of crowd sourcing are as follows:
These kind of activities are mostly beneficial for an NGO
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