This is an example of crowdsourcing because it significantly lowers the cost of design and construction by utilizing the collective wisdom of the crowd.
<h3><u>Crowdsourcing: What is it?</u></h3>
Engaging a "crowd" or group for a common objective—often innovation, problem-solving, or efficiency—is known as crowdsourcing. Web 2.0, social media, and new technologies power it. Crowdsourcing can occur on a variety of scales and in a wide range of industries.
Our increased connectivity has made it simpler than ever for people to come together and support a project or cause, whether it be with ideas, time, expertise, or money.
Crowdsourcing is the collective mobilization in question. It is a method of using people or groups of people, paid or unpaid, who are connected with one another through a shared interest to advance powerful increased results through their aggregated actions or activities.
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Answer:
Auditors Report
Explanation:
In the Auditor's report, the auditor expresses his level of satisfaction that whether or not the financial statement presented show the true and fair picture of the organization. The external auditor is also involved in the investigation of errors and frauds in the financial statements.
The answer is a distributional error. Raters make distributional blunders when they tend to utilize just a single piece of a rating scale. Distributional blunders make it hard to look at representatives appraised by a similar individual. The mistake is called focal inclination when the rater puts everybody close to the center of the scale. In this situation, Clayton submits a distributional mistake.
The approximate internal rate of return for this investment is $0.054.
<h3><u>
What is rate of return?</u></h3>
- The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).
- You determine the percentage change from the start of the period to the end when computing the rate of return.
- Any type of investment instrument, including real estate, bonds, equities, and fine art, can be subject to a rate of return (RoR).
Any asset can be used with the RoR as long as it is purchased once and generates cash flow at some point in the future. The attractiveness of various investments can be determined, in part, by comparing their historical rates of return to those of comparable assets.
We have, (Net Annual cash inflow x PV of an Annuity of 1 at 10%) - Initial Investment = Net present value (find closest to zero))
($17,514 x 4.111) = $72000.054 - $72,000 = $0.054 (closest to zero).
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Answer: Free college credit courses in management
Explanation:
The Small Business Administration (SBA) is a Federal government agency that aims to help small businesses and entrepreneurs by providing them with resources to make them grow.
They have toll-free phone numbers that entrepreneurs and small businesses can call for advice, they have trading training programs and business development offices who offer advice and counsel on business techniques and they even free publications on business topics.
They do not however offer free college credit courses in management.