Crowdsourcing Refers to the Process of Taking Tasks Usually Performed

question 186

True/False

Crowdsourcing refers to the process of taking tasks usually performed by a marketer or researcher and outsourcing them to a crowd, or potential market, through an open call.

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Definitions:

Scheduled Payment

A pre-determined amount of money that is paid at regular intervals according to a repayment plan, such as a loan or mortgage.

Compounded Semi-annually

Interest calculation method where interest is added to the principal sum of a deposit or loan every six months, leading to interest on interest.

Private Loan

A loan sourced from a private entity or individual, as opposed to a government or public lender.

Accrued Interest

Interest that has been incurred but not yet paid, typically relating to bonds or loans.