How does crowdfunding differ from traditional forms of entrepreneurial fundraising? How does a crowdfunded venture affect the community in which it is located?
What will be an ideal response?
Traditional forms of entrepreneurial fundraising include entrepreneurs using their personal savings, obtaining funds from friends and family, and obtaining loans from a financial institution. Crowdfunding, on the other hand, is a new form of prosocial behavior in which entrepreneurs describe the products or services their new company will provide and ask people to contribute financially to the product or service they want to launch. A crowdfunded venture benefits not only the entrepreneur, but also the community, as the business may provide economic growth or jobs and may help donors feel invested in the project, thus strengthening communal bonds.
You might also like to view...
Which of the following students' statements would be the best example of the "normative male" concept?
a. Gloria: "Women need to learn to be as assertive as males are.". b. Mike: "Gender differences have been found in certain kinds of aggressive behavior.". c. Tallulah: "The typical American voter is a female.". d. Humphrey: "In future years, we expect men's smoking behavior to become more like women's smoking behavior.".
The underlying process of classical conditioning is basically
Identify the purpose of hormone replacement therapy in the past
What will be an ideal response?
Young Lancelot is running around the house with a pot on his head, holding a trashcan lid in one hand and a stick in the other, yelling about killing dragons. Jean Piaget would say that he's engaged in
A) accommodation. B) assimilation. C) pretend play. D) deferred imitation.