Websites Such as IDEO and InnoCentive Use _________To Obtain Ideas

question 140

Multiple Choice

Websites such as IDEO and InnoCentive use _________to obtain ideas.

• A)crowdsourcing
• B)"free time"
• C)real-time feedback
• D)online ideation

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Definitions:

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to the other.

Informational Asymmetry

A situation where one party in a transaction has more or better information compared to another, potentially leading to an imbalance in power or unfair transactions.

Relevant Knowledge

Information or understanding that is directly applicable and beneficial to a particular situation or subject.

Adverse Selection

A situation where sellers have information that buyers do not have, or vice versa, about some aspect of product quality.