What Sources Capital for a Project by Raising Many Small

question 263

Multiple Choice

What sources capital for a project by raising many small amounts from a large number of individuals, typically via the Internet?

• A)explicit knowledge
• B)crowdfunding
• C)tacit knowledge
• D)crowdsourcing

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Definitions:

Platform Capitalism

The use of digital infrastructure that enables two or more groups (typically, users and providers of a service) to interact, which is the basis of the on-demand, sharing, and gig economies.

Benefits

Advantages or positive outcomes that arise from a particular course of action, providing value to individuals or organizations.

Training

The process of enhancing the skills, capabilities, and knowledge of employees for the specific purpose of increasing the effectiveness and efficiency of the organization.

Alternative Work Arrangements

Employment setups divergent from traditional models, often including remote work, flexible hours, and contract-based tasks.