Examlex
Cygnus Bank is a banking and financial services company.It offered a large sum of money and a chance to receive employment to the programmers who could create a software that would help enhance employee productivity.Which of the following types of crowdsourcing did Cygnus Bank use?
Non-Strategic View
A perspective that does not involve long-term planning or consideration of competitive positioning.
Terms of Agreement
A set of conditions and stipulations agreed upon by parties entering a contract or negotiation.
Outside Options
Alternatives available to the parties involved in a negotiation or transaction if the current deal does not materialize.
Bargaining Power
The relative capacity of one party in a negotiation to influence the terms of an agreement.
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