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Leona [35]
2 years ago
6

Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt

. This business uses a ________ technique.A. offshoring B. crowdsourcing C. peer-to-peer D. binge watching
Business
1 answer:
natta225 [31]2 years ago
5 0

Answer:

The answer is B: crowdsourcing.

Explanation:

Crowdsourcing involves obtaining work, information, or opinions from a large group of people who submit their data via the Internet, social media, and smartphone apps.

Crowdsourcing allows companies to obtain ideas and work of people anywhere, which lets businesses hit into a vast collection of skills and expertise without incurring the normal overhead costs of in-house employees.

Crowdsourcing presents the following advantages:

- Gain Fresh Perspectives: Imagine a community comprised of hundreds or even thousands of willing participants eager to innovate.

- Connect with Customers: directly involved by asking for customer feedback. Encourage them to share in the creation, and improving products and services a company provides.

- Reduce costs: When funding is a concern finding solutions using a traditional, in-house approach might not be feasible.

- Network to Build an Engaged Community: Contributions by those connected via the Internet are breathing life into projects.

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Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
EastWind [94]

Answer:

She can borrow $110,000 in a home equity loan from Acme

Explanation:

Home equity loan is available to the 80% of the Home value. sally has already a mortgage of $50,000 so she can only borrow the differential amount of Allowable loan and existing loan.

As per given data

Home value = $200,000

Allowable Loan limit = $200,000 x 80% = $160,000

Existing Loan = $50,000

Available limit of Loan = Allowable Loan limit - Existing Loan = $160,000 - $50,000 = $110,000

She can borrow $110,000 in a home equity loan from Acme

7 0
2 years ago
Sources of monopoly power
eduard
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3 0
3 years ago
Read 2 more answers
carmax has developed an organization focused on delivering value to its customers. what were the drawbacks of the way carmax was
Vika [28.1K]

The drawbacks of the method adopted by CarMax were related to target markets and their Core values, market competencies, idea of Test drives before purchase of product, emergence of competitive companies with their Competitive products and development of a sustainable competitive edge.

CarMax is a vehicle retailer organization situated in US. It provides less expensive cars to customers mainly due to the large inventory that it owns. It provides the option of test driving of car before actually selling it. One of the major weaknesses of the CarMax was it outdated inventory management system. Some customers were even not satisfied with their car selling policies. The disruption in emerging technologies and Changing consumer behavior with huge variety of vehicles also posed certain challenges to the delivery services of CarMax.

Learn more about CarMax at:

brainly.com/question/16782872

#SPJ4

5 0
1 year ago
How much control does the government exert over businesses in a command economy, and what are some of the associated risks and d
siniylev [52]

The government has total control in a command economy, all production, investment, prices and incomes are determined by the government. A command economy is also known as a communist society because business owners do not have any control over their businesses. In a command economy, there are risks/disadvantages of running operations this way because there is a lack of competition and efficiency. When the government controls everything, there is less competition because pricing is set by the government. There is also less efficiency due to them waiting on the government to make their decisions.

5 0
3 years ago
Complete the following sentences.
irina [24]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
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