What Is Characteristic of the Reward Model of Crowdfunders

question 69

Multiple Choice

What is characteristic of the reward model of crowdfunders?

• A)Investors provide financial support with no expectation of direct return.
• B)Investors are given prizes for their financial support,such as product samples or experiences.
• C)Equity is exchanged for the contribution.
• D)Funds are treated as loans.

Analyze the role and function of group norms within social and organizational settings.

Understand the factors that can increase or decrease group conformity.

Comprehend the methodology and findings of seminal conformity studies including Asch's line study and Sherif's autokinetic effect study.

Identify the types of social influence demonstrated in classic conformity studies.

---

Definitions:

Ending Inventory

The total value of goods remaining unsold at the end of an accounting period, calculated as a part of the cost of goods sold.

Periodic Inventory System

An accounting method where inventory levels and cost of goods sold are determined at set intervals, typically at the end of an accounting period.

FIFO

First-In, First-Out, a method used in inventory management where the first items placed in inventory are the first to be used or sold.

Average Cost

A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the average cost of all goods available for sale during the period.