Crowdsourcing

1. What makes for a wise crowd? Why? When might a crowd not be so wise?
2. In what ways are legal issues of concern to prediction market operators?
3. Social media critics often lament a lack of ROI (return on investment) for these sorts of efforts. What kind of return should firms expect from social media? Does the return justify the investment? Why or why not?
4. What is crowdsourcing? Give examples of organizations that are taking advantage of crowdsourcing and be prepared to describe these efforts.
5. What ethical issues should firms be aware of when consider crowdsourcing? Are there other concerns firms may have when leveraging this technique?

Crowdsourcing What makes for a "wise" crowd? Why? When might a crowd not be so wise? In what ways are legal issues of concern to prediction market operators? Social media critics often lament a lack of ROI (return on investment) for these sorts of efforts. What kind of return should firms expect from social media? Does the return justify the investment? Why or why not? What is crowdsourcing? Give examples of organizations that are taking advantage of crowdsourcing and be prepared to describe these efforts. What ethical issues should firms be aware of when consider crowdsourcing? Are there other concerns firms may have when leveraging this technique? Crowdsourcing What makes for a "wise" crowd? Why? When might a crowd not be so wise? In what ways are legal issues of concern to prediction market operators? Social media critics often lament a lack of ROI (return on investment) for these sorts of efforts. What kind of return should firms expect from social media? Does the return justify the investment? Why or why not? What is crowdsourcing? Give examples of organizations that are taking advantage of crowdsourcing and be prepared to describe these efforts. What ethical issues should firms be aware of when consider crowdsourcing? Are there other concerns firms may have when leveraging this technique