In Which of the Following Cases Is Crowdsourcing Used for New

question 78

Multiple Choice

In which of the following cases is crowdsourcing used for new product development?

• A) A company creates a forum where anyone can contribute new product ideas.
• B) A company hires a marketing agency to generate new product ideas.
• C) A company reviews the sales, costs, and profit projections of an existing product.
• D) A company depends on its R&D department to come up with new ideas.
• E) A company partners with a design agency to create a few prototypes.

---

Definitions:

Spearman Rank-Order

An approach that doesn't rely on parameters to gauge the correlation of ranks, examining the extent to which a monotonic function can accurately represent the linkage between two variables.

Nominal Level

The simplest level of measurement that classifies data into distinct categories within which no order or ranking can be inferred.

Research Hypothesis

A statement made by researchers predicting a potential outcome or relationship between variables in a study, to be tested through empirical research.

Ordinal Level

A measurement scale that categorizes data into ordered categories that are meaningful but not mathematically equidistant.