Crowdsourcing affects new product development by: Group of answer choices: A) providing a controlled, exciting environment for the development of new product ideas. B) being a secretive process that helps to firm collect new ideas that other firms haven't seen. C) providing the company with ideas from a great many sources, including consumers. D) allowing inventors of novel technical products a way to promote their ideas.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter11: Price And Output Determination: Monopoly And Dominant Firms
Section: Chapter Questions
Problem 2.2CE
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Crowdsourcing affects new product development by:
Group of answer choices:
A) providing a controlled, exciting environment for the development of new product ideas.
B) being a secretive process that helps to firm collect new ideas that other firms haven't seen.
C) providing the company with ideas from a great many sources, including consumers.
D) allowing inventors of novel technical products a way to promote their ideas.
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