Delegating Tasks to Large Diffuse Groups or Communities Who Often

question 72

Multiple Choice

Delegating tasks to large diffuse groups or communities who often volunteer their contributions is called ________.

• A)third-party marketing
• B)viral networking
• C)crowdsourcing
• D)online analytical processing

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Definitions:

Fixed-Rate Loan

A loan where the interest rate remains constant throughout the term of the loan, providing predictability in payments.

Mortgage Broker

A professional intermediary who facilitates the process of acquiring a mortgage loan for individuals or businesses.

Maturity

Maturity, in the context of finance, refers to the date on which the final payment of a loan or financial instrument must be paid back in full.

Line of Credit

A flexible loan from a bank or financial institution that offers a maximum loan balance that can be used over time.