A Primary Advantage of Crowdsourcing for Conducting a Needs Assessment

question 59

True/False

A primary advantage of crowdsourcing for conducting a needs assessment is the speed to coordinate this data-collection effort.

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Definitions:

Market Entry

The act or strategy of bringing a new product or service to the market, facing various barriers to entry.

Dominant Strategy

In game theory, a strategy that is the best for a player regardless of the strategies chosen by other players.

Payoffs

The outcomes or returns from an investment or decision, often quantified in terms of profit or loss.

Clean Common Space

Maintenance of shared environments, such as parks and public spaces, in a clean and hygienic condition for communal benefit.