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muminat
3 years ago
13

What is the difference between crowd sourcing and crowd funding?

Business
1 answer:
natita [175]3 years ago
5 0

Answer:

a) crowd sourcing carries fewer risks

Explanation:

<u>Crowd sourcing:</u> The term "crowd sourcing" is described as a phenomenon that encompasses the procedure of sourcing skills or information or some end products from a particular group or groups of different people.

<u>Crowdfunding:</u> The term "crowdfunding" is described as a phenomenon that encompasses the procedure of sourcing funds or money from a specific group of groups of different people.

<u>In the question above, the correct answer is option a.</u>

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