Lower Profit Margins Resulting from Increased Competition Would Mean a Lower

question 2

True/False

Lower profit margins resulting from increased competition would mean a lower need for external funds.

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Definitions:

Crowdsourcing

A process where information, ideas, or content is gathered by encouraging a large number of people, especially those part of an online community, to contribute.

Big Data

Vast collections of data that can be processed using computational methods to uncover patterns, trends, and links, particularly in the realm of human behavior and interactions.

Crowdsourcing

The practice of obtaining information, ideas, or input into a task or project by soliciting contributions from a large group of people, typically from the online community.

Targeted Advertising

Marketing strategies that focus on reaching a specific audience based on their demographics, interests, or other identifiable characteristics.