The Act of Taking a Job Traditionally Performed by a Designated

question 15

Short Answer

The act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it to an undefined generally large group of people in the form of an open call is called _____.

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Definitions:

Software Products

Digital applications or systems developed to fulfill particular tasks or to address specific user needs.

Elasticity

A measure in economics that quantifies how a change in one variable, like price, affects the quantity demanded or supplied of a good or service.

Price Increase

An uptick in the cost of goods or services commonly caused by factors such as inflation, increased production costs, or supply and demand shifts.

Profitability

The degree to which a company or economic activity yields profit or financial gain, often measured as a ratio or percentage of revenue.