Coordinating the Linkages Between Different Functional Areas Is Likely to Be

question 92

True/False

Coordinating the linkages between different functional areas is likely to be more difficult and critical when a strategy involves development of a totally new product idea rather than a minor change to an existing plan.

Differentiate crowdfunding platforms based on their focus areas such as technology, science, and creative projects.

Recognize the importance of early and effective communication of product or service ideas to potential backers.

Understand the implications of rewards and equity sharing in crowdfunding campaigns and their effects on campaign approval and backer expectations.

Understand the differences between crowdfunding and crowdsourcing.

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Definitions:

Prime Mover

A prime mover, in anatomy and physiology, refers to the muscle that plays a leading role in performing a particular movement by contracting, while other muscles may play supportive or stabilizing roles.

Fixator

A muscle or muscle group that stabilizes the origin of another muscle to enable effective action of the muscle.

Antagonist

A substance that binds to a receptor and blocks or dampens a biological response by inhibiting the effect of an agonist.

Agonist

An agonist is a chemical that binds to a receptor and activates the receptor to produce a biological response.