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Select the correct answer from each drop-down menu to complete the sentences relating to the advantages and disadvantages of crowdsourcing.

A new company wants to generate business ideas through crowdsourcing. It asks the public to give it ideas for a new and useful product.

This will benefit the company because __________.

However, it might be risky to the public because __________.



Answer :

GinnyAnswer

Final answer:

Crowdsourcing benefits companies by accessing diverse ideas and reducing costs, but it may pose risks to the public like idea theft and lack of confidentiality.


Explanation:

Advantages of crowdsourcing for the company:

  • Access to diverse ideas: The public can offer unique perspectives and innovative ideas.
  • Reduced costs: Gathering ideas through crowdsourcing can be more cost-effective than traditional R&D.

Disadvantages to the public:

  • Risk of idea theft: Public contributors may not be adequately compensated if their ideas are used without fair recognition.
  • Lack of confidentiality: Sensitive ideas may become public knowledge, potentially harming contributors' competitive advantage.

Learn more about advantages and disadvantages of crowdsourcing here:

https://brainly.com/question/24176704


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