crowdsourcing as a business strategy 1

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Think about a company with which you are affiliated or familiar and some kind of data or micro-labor need the company might have. Compose an initial response that addresses the following:

•What is the data or micro-labor need?

•Could it be crowd-sourced? How and why?

•What would be the benefits and drawbacks for crowdsourcing this particular thing?

•What would be the incentive for “the crowd” to help the company address its need?

NOTE :

Do not use Wikipedia or similar sites. Do not use blog posts unless they are official publications of the relevant companies or their employees (e.g., Mark Zuckerberg’s blog would be an appropriate source for information about Facebook).

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