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loris [4]
3 years ago
8

Explain one benefit to a business of using crowd funding as a source of finance

Business
1 answer:
Anna35 [415]3 years ago
4 0

Answer:

Explanation:

Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.

SPEED AND ACCESSIBILITY

Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.

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Sarai spends her day checking through boxes of built product to ensure accuracy in production. She makes sure there is enough pr
kondaur [170]
<h2>Quality controller or Quality Checker is the job title of Sarai.</h2>

Explanation:

The role of QC is

  • To check whether the product is delivered with the expected quality
  • To check for expectations and complaints from the customer
  • Look for new policy changes and compare that with the day today production.
  • Reads blue prints and specification of the product
  • Monitors operations
  • Inspects and test the product
  • Identify re-works and again continue the process of QC
  • Accept or reject the finished good
6 0
3 years ago
Read 2 more answers
james has set the goal of achieving all "A"s during this year of school. Which term best describes this goal. A. long-term goal
lyudmila [28]

that answer should be A long term goal

5 0
3 years ago
Read 2 more answers
Shen lives in Dallas and runs a business that sells pianos. In an average year, he receives $851,000 from selling pianos. Of thi
Elis [28]

Solution :

1.

The income from renting his showroom that Paolo would receive if he allowed to rent his showroom is a Implicit cost as this is a cost which will not be paid in actual.

The wages as well as the utility bills paid by Paolo is an example of explicit cost as this cost would be paid in actual for the businesses and are added in accounting.

The wholesale amount that Paolo pays for the pianos to the manufacturer is an explicit cost and is aid in actual to the manufacturer.

The salary that Paolo could have earned if he choses to be an accountant will be an implicit cost as this cost is not paid in actual.

2. Paolo's accounting profit can be calculated by :

  Accounting profit = revenue - explicit cost

                                 = 851,000 - 476,000 - 281,000

                                = $ 94,000

3. Paolo's economic profit is :

   Economic profit = accounting profit - implicit profit

                             = 94,000 - 34,000 - 71,000

                              = -11,000

6 0
2 years ago
Five workers from the machining department are brainstorming ideas to reduce waste. their ideas will be presented to their super
sattari [20]
The five workers comprised a self managed or self organized team in which this describes a small group or a group of people which are employees that discusses a plan in which is about activities or duties that they ought to do. Which is being done without any guidance of any higher authority. It is being described above for the group of employee has decided to discuss about their issue without the help of their supervisor.
4 0
3 years ago
_____________ helps companies tap into the massive volume of customer opinions expressed online. media mining text mining unstru
Sindrei [870]

Text mining helps companies tap into the massive volume of customer opinions expressed online.

<h3>What is text mining?</h3>

Similar to text analytics, text mining is the technique of extracting high-quality information from text. It is also known as text data mining. It entails "the automatic extraction of information from several written sources to create new, previously unknown information by computer."

The process of converting unstructured text into a structured format with the purpose of identifying significant patterns and fresh insights is known as text mining, also known as text data mining.

Natural language processing is used automatically in text mining to glean insightful information from unstructured material. Text mining automates the process of categorizing texts by sentiment, topic, and intent by converting data into knowledge that computers can comprehend.

To learn more about text mining visit:

brainly.com/question/28148157

#SPJ4

4 0
2 years ago
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