Which of the Following Needs Can Be Addressed Primarily Through

question 23

Multiple Choice

Which of the following needs can be addressed primarily through crowdsourcing?

• A)A company wants to procure a library of freely downloadable photographs for its photo app.
• B)A company wants to increase profits by raising subscription fees to its video streaming app.
• C)A company wants to reduce waste in its manufacturing process by working with a single vendor.
• D)A company wants to raise funding to support expansion of its product lines.

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Definitions:

July

The seventh month of the Gregorian calendar, typically associated with the height of summer in the northern hemisphere.

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected to be used, multiplied by the standard cost per unit.

Materials Quantity Variance

The variance between the actual amount of materials utilized in manufacturing and the anticipated amount, multiplied by the established unit cost.

Raw Materials Price Variance

The difference between the actual cost and the standard cost of raw materials used in production.