Literature Review
(Pedersen et al., 2013) [1] suggested that crowd-sourcing is a collaborative model that gives an open call for externals to solve difficult problems. Businesses and other entities are turning to crowd-sourcing to obtain external skills, to access collective intelligence and creativities from the virtual crowd, and to decrease costs. They proposed a conceptual model for organizing the crowd-sourcing. The conceptual model resembles the traditional Input-Process-Output (IPO) model. The elements of conceptual model are: Problem, Process, Governance, Technology, and peoples, and Outcome. The problem is the heart of the crowd-sourcing and is the statement for starting and desired ending condition. Process is a set of actions that
…show more content…
To understand and simulate crowd-sourcing platform they suggested a model called ABM that had four components Requester, Workers, Task and Environment. They described a process to build this model. ABM use properties of workers, task and design experiments to study a system. Amazon Mechanical Turk (AMT) is chosen as a crowd-sourcing system to build an ABM. AMT is a crowd-sourcing Internet marketplace that enables individuals or businesses to coordinate the use of human intelligence to achieve tasks that are hard to process by computers. in this paper they designed Human Intelligence Task (HITs) on AMT to show workers a parking lot video and ask the viewers to record when a car enters/exits the parking lot. Verification and Validation are used to evaluate this model. Verification checks the correctness and consistency by unit and integration testing. Validation checks accuracy of the model by Genetic …show more content…
CrowdREquire is a platform to develop requirements for projects submitted by individuals, corporations or any other external bodies. Requirement engineering involves different stages like elicitation, analysis, specification and quality assurance. CrowdREquire use two approaches: business model and market strategy. The CrowdREquire business approach is detailed viewing the purpose, goals, stakeholders, work context model and typical business events of CrowdREquire. The market strategy involves using appropriate strategies and corresponding methods for connecting with the customers. Some of the factors considered in CrowdREquire market strategy are market segmentation strategy, targeting strategy, positioning strategy, corporate message and image, product and service strategy, pricing strategy, distribution. channels, promotion and advertising strategy, sales strategy and sales forecasts. CrowdREquire have some challenges such as Quality Assurance (QA), government and legal issues, and business viability. These challenges are tackled by using some methods like client-defined tests, modularization of tasks, two-sided platform model. One area of further research is to execute a cost assessment model for CrowdREquire in order to better understand its direct financial
Other examples of inputs are power, labor, teamwork, materials used for the store, and money. These inputs are used to create outputs that helps generate profits for the store as different services, reused items and multiple ideas trying to improve the store. The staff at the Kiwanis is constantly trying to reduce the amount of donations that arrive at the store each day. Employees there must plan how to: either determine if the product is worth to resell, how to organize all non-put out items, where does it belong in the store, etc. Every item must be tested if possible to see its
I conducted business requirement meetings to identify what they were trying to accomplish with the system. Once business requirements were identified, I contacted several vendors to discuss their product and identify which system aligned closely to the
This system is used to generate management reports as well as reports that are submitted to the federal government for grant programs. The accuracy of the data entered into the system is critical so the reports generated will be correct so management can make accurate decisions. The company is experiencing problems in the accuracy of the information input into the system. A potential source of the problem could be the system itself. If the people entering data do not fully understand the
Finally, participants who come up with the best solutions will be awarded cash
The following are the stated objectives of the organization (Houzit): To bring an annual sales increase of $ 5 million by moving the sales figures from $15 million per year to %20 million per year during the next three years period. To enhance the list of loyal customers from 10,000 to 15,000. Considering Brisbane as a potential market, brand recognition need to be established so that one out of every 3 people will recognise the Houzit brand in a random survey that is conducted in 18 months ' time.
This is quite different from ‘crowdsourcing’ - united online efforts by persons to contribute to educational or business related causes. December 2007 - Chinese lady jumps off building. Before dying, she posts private information about
Being an upcoming automotive salvage yard, Case Pick-and-Pull will have to display a diligent commitment to its customers in order to establish itself as a reliable and trustworthy business in the local community. Consequently, customers who frequent the business will become a marketing tool for Case Pick-and-Pull by using “word of mouth” to advertise the
Artificial Intelligence and its effect on the workforce Artificial intelligence(AI) is a recent reality of technological advancement affecting human society. To analyze its effect on the workforce we will look back in history for technological disruptions and how they affected the workforce and compare and contrast to the way AI is currently impacting and will continue impacting the human workforce and other aspects of human society such as economics, politics and the general environment. History Throughout history technological advancement has affected human society in its ways of living, working and its environment.
The Turing test has become the most widely accepted test of artificial intelligence and the most influential. There are also considerable arguments that the Turing test is not enough to confirm intelligence. Legg and Hutter (2007) cite Block (1981) and Searle (1980) as arguing that a machine may appear intelligent by using a very large set of
Artificial Intelligence is the field within computer science to explain some aspects of the human thinking. It includes aspects of intelligence to interact with the environment through sensory means and the ability to make decisions in unforeseen circumstances without human intervention. The beginnings of modern AI can be traced to classical philosophers' attempts to describe human thinking as a symbolic system. MIT cognitive scientist Marvin Minsky and others who attended the conference
Its clients are individual users, specialised businesses, and institutions such as government, science, defence, spatial and educational organisations. To meet and respond to its customers needs, IBM creates, develops and manufactures many of the world 's most advanced technologies, ranging from computer systems and software to networking systems, storage devices and microelectronics. 3) Internal and External Analysis A) Porter’s Value Chain Analysis: This model describes the activities that take place in a business and relates them to an analysis of the competitive strength of the business. Value Chain Analysis is one way of identifying which activities are best undertaken by a business and which are best provided by others ("outsourced").
Companies to cater to customers in the most effective manner were forming various strategies. To attract new and engage the old customers, development of mobile applications, websites, and campaigns on social networking sites are some initiatives companies are adopting. The global luxury goods market is categorized by large number of mergers and attainments, thus making it favorably consolidated in the near future. The global luxury goods market is expected to grow moderately over the
The communication objectives for this campaign, such as enhance the brand recall, increase product awarness, can be measured by online and offline research, opinions and mathematical models (Kumar, 2004). There are numerous ways to measure the effectiveness of the campaign. The online social networking can help to track how many “followers” the company have gained since the published campaign. Also, “Google AdWords” or PPC able to presisely show the company’s when customers searching for the things that Cadbury offers, and then count the effectiveness by how many views on official website the company grown. Furthrer tracking software programs such as Webalizer, Urchin and WebTrends will able to show the campaign
I do not believe the field has been developed to its potential in any regard, and feel that considerable progress can be made to improve the interactive experience that users have with an artificial intelligence application. This genuine intrigue combined with my curiosity for the subject matter and the limitless potential of the field are the reason why I wish to pursue a greater depth of knowledge in artificial
While consumers can contact the companies at any time through their official websites, thanks to social media, companies are now able to contact the consumers at any time. This opportunity for communication can be advantageous for both consumers and marketers; for instance, consumers can announce their demands and grievances or marketers can get consumers’ opinions about their new products before their release into the