Question

How does crowdsourcing enable managers to expand their talent pool? o Amateurs work together in an online environment to solve a problem. o It is routinely used during the hiring process. o Experts in the field provide their insight into the problem at hand. o They hire experts in several fields to help run the company.

Answer 1

Crowdsourcing allows managers to access a broad talent pool by soliciting contributions from people worldwide. It optimizes the collection of services, ideas, or content, often leading to innovative solutions in less time and at a lower cost than traditional methods.

Step-by-step explanation:

Crowdsourcing enables managers to expand their talent pool by leveraging the collective intelligence and expertise of a vast online community. Unlike traditional hiring processes, crowdsourcing opens up opportunities to a wider array of individuals regardless of geographical location or formal qualifications. This method allows for the aggregation of diverse ideas, solutions, and content contributed by a large number of participants, sometimes including amateurs and experts alike.

Companies can use digital crowdsourcing platforms, like Kickstarter, for various purposes including raising funds and soliciting contributions for specific projects or challenges. The process embodies modernization in the business sphere, supplementing traditional employment and supplier relationships with an extensive web-based network of contributors.

Examples of successful crowdsourcing include dynamic endeavors such as Wikipedia, a comprehensive online encyclopedia. In addition, crowdsourcing has proved essential during crisis situations, providing disaster relief through the organization and prioritization of information received from social media and other digital communication channels.

The powerful benefits of crowdsourcing also extend to the job market, where sites like LinkedIn revolutionize how job seekers connect with potential employers. The Internet simplifies the process of finding job opportunities and reaching out, making the search and application process far more efficient than traditional methods.

Answer 2

Crowdsourcing allows managers to expand their talent pool by utilizing the web to collect diverse expertise and ideas, which can improve solution quality and innovation.

Step-by-step explanation:

Crowdsourcing enables managers to expand their talent pool by leveraging the web to gather ideas, services, or content from a wider and more diverse audience than traditional hiring processes allow.

This method not only taps into a vast online community but also allows for a more varied range of expertise and perspectives, greatly enhancing the applicant pool beyond what a local or traditional search might yield. One example of such an application is using digital platforms like LinkedIn, which transform the way job seekers and employers connect.

Moreover, crowdsourcing in professional settings can involve collecting insights from experts in the field to address specific challenges, greatly improving the quality and innovativeness of solutions.