Date: Nov 19th‚ 2014 From: Ralph Oberhuber‚ Student ID 23233258 Subject: Case-Write-up Topcoder Problem statement: The TopCoder case study reveals two key issues with the IT strategy of “crowdsourcing” introduced by the Software company TopCoder: 1) How can TopCoder maintain its leadership position even if a competitor enters the market by using the same crowdsourcing approach? 2) What can TopCoder do to grow their revenue and profit to a much larger scale? Recommendations: Regarding question
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CROWDSOURCING IN PRODUCT DESIGN FROM A MARKETING PERSPECTIVE ABSTRACT Crowdsourcing is the practice of outsourcing tasks including a form of compensation to a wide external group of people. It is a newly used term which refers to the process of obtaining services‚ ideas‚ or content by seeking contributions from a large group of people particularly from the online community rather than from traditional employees or suppliers. Multiple types of businesses nowadays are using crowdsourcing for a
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5 What is crowdsourcing? How does the site Galaxy Zoo manage crowdsourcing? Crowdsourcing is the process of obtaining needed services‚ ideas‚ or content by soliciting contributions from a large group of people‚ and especially from an online community‚ rather than from traditional employees or suppliers. While this definition from Merriam Webster is valid‚ a more specific definition is heavily debated. The process of crowdsourcing is often used to subdivide tedious work and has occurred successfully
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“Crowdsourcing is a new phenomenon enabled by evolving information and communication technologies”(Aitamurto‚ 2011) Crowdsourcing is a neologism for the act of taking tasks traditionally performed by an employee or contractor and outsourcing it to a group of people or community in the form of an open call. For example‚ the public may be invited to develop a new technology‚ carry out a design task‚ refine or carry out the steps of an algorithm‚ or help capture‚ systematize or analyze large amounts
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Crowdsourcing What is? Crowdsourcing Crowdsourcing was used for first time like a word in a Wired magazine article written for Jeff Howe on June 2006.The word comes from a mix between ‘crowd’ and ‘outsourcing’. In this article‚ the author try to remark how technology has reduced the gap between professionals and amateur and how companies can take advantage of this without having to pay for ‘externalize’ services who can be made in an open calling to whoever wants to reply. It’s a win-win
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Software Developing Method: Extreme Programming After analyzing and evaluating the team members; knowledge and experience programming with C++‚ and members programming strength and weakness we have agreed to use an Agile method of program development. After getting to know the different Agile metrologies we concluded that Extreme Programming practices and principles would be the one that will fit the best our team experience‚ strength‚ weakness and attributes. Other reason why Extreme Programming
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MIS Management Information System Crowdsourcing at AOL Case Analysis 1. A brief analysis of the case study AOL engaged in what is called “micro-tasking”‚ and is believed to revolutionize the virtual workforce. Micro-tasking is what Daniel Maloney‚ an AOL executive‚ applied when he was faced with inventorying a vast video library. He broke the large job into small pieces and utilized a crowdsourcing IT platform‚ Mechanical Turk‚ in order to describe each task that he required to be done. Each
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DEVELOPING LEADERSHIP THROUGH EDUCATIONAL DEBATES What makes a great leader? This is a critical question—one that demands an answer. It’s actually a tricky question‚ something known in persuasive circles as a false dichotomy. It’s false because genetics and environment both play a part in leadership development. Intelligence (IQ) plays an important role in leadership development‚ as does emotional intelligence (EQ). Certain personality traits such as self-confidence‚ dominance and extroversion are
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Strategic Acquisition in Luxury Globalization Abstract The strategic capability of a firm or an industry is about identifying‚ developing and using its unique resources and core competences to gain competitive advantages in specific market to achieve results. Luxury is as a unique sector and the “allure and exclusivity” are well sought after by consumers‚ heavily imitated by competitors. The six unique features and competency (heritage‚ quality‚ exclusivity‚ symbolism‚ aesthetics and price) of
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Proceedings of CLaSIC 2012 USING WEBQUEST TO DEVELOP INTERCULTURAL AWARENESS: A MATERIAL DEVELOPMENT FOR COMMUNICATION CLASS IN THE ENGLISH DEPARTMENT Yudi Setyaningsih (yudi.setyaningsih@machung.ac.id) Universitas Ma Chung‚ Malang‚ Indonesia Abstract Intercultural awareness in communication is important so as to bridge communication gaps between different cultures. In this era of globalization where there are interdependences caused by changes in global economies and communication
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