Kickstarter and Indiegogo Are Examples of ________ Crowdfunding Sites

question 68

Multiple Choice

Kickstarter and Indiegogo are examples of ________ crowdfunding sites.

• A) equity-based
• B) vendor-based
• C) peer-based
• D) debt-based
• E) reward-based

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Definitions:

Internal Hiring

The practice of filling job vacancies with current employees rather than bringing in external candidates.

Annual Losses

The total amount of money lost by a company within a fiscal year, encompassing all expenditures that exceeded revenues.

Mass Customization

Mass Customization is a business strategy that combines the efficiency of mass production with the personalization of custom-made products, catering to individual customer preferences at scale.

Economic Downturns

Periods of poor economic performance characterized by a decline in GDP, which can lead to increased unemployment and lower spending.