One of the Most Important Benefits of Crowdsourcing from Customers

question 3

Multiple Choice

One of the most important benefits of crowdsourcing from customers is:

• A)It maintains secrecy of new product ideas
• B)Customers almost always have the best new product ideas
• C)Competitors are not likely to be able to match innovations generated from customer inputs
• D)Customers gain a sense of engagement and ownership of new products

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Definitions:

Cost of Debt

The effective rate that a company pays on its current debt, which can be measured in terms of either the before-tax or after-tax cost.

Personal Tax Rate

The percentage of an individual's income that is paid to the government in taxes.

Corporate Tax Rate

The percentage of a corporation's income that is paid to the government as tax.

Leverage Value

Refers to the use of financial leverage or borrowing to increase the potential return of an investment, enhancing the value for shareholders.