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Basic Question 5 of 7

Traffic apps like Waze encourage drivers to report accidents and other roadway incidents to provide real-time, updated information to app users. This business model is an example of ______.

A. Network Effects and Platform
B. Crowdsourcing
C. E-commerce

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

describe key features of business models

CFA® 2025 Level I Curriculum, Volume 2, Module 7.