A SWOT Analysis of Today’s Crowdsourcing Process

Alexandru Trifu and Ina Croitoru

International Journal of Management Sciences, 2014, vol. 2, issue 10, 487-493

Abstract: This paper is trying to emphasis the necessity and possibility of Economics to update, to innovate, in order to keep pace with the sciences, especially technically ones. And an useful method is considered that of introducing new terms, defining best some activities, processes, even phenomena in the economic field. We think that the term of crowdsourcing (derived from outsourcing) is suitable for our analysis, because it is a term expressing the present, i.e. in the TIC revolution conditions, different virtual constructions can be achieved by the contribution of the persons outside the respective system.And, due to the fact that we are dealing with an economic analysis, it is best to use the SWOT model, to highlight which of the characteristics are prevailing, and therefore, which way has to be followed, in order that the targeted activity, the process, to be profitable.

Keywords: TIC revolution; crowdsourcing; freelancer; SWOT analysis (search for similar items in EconPapers)
Date: 2014
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