In Response to Threats from Such Companies as Amazon

question 50

Multiple Choice

In response to threats from such companies as Amazon.com, E*TRADE, and dozens of others, established manufacturers and retailers became "brick-and-click" oriented by adding online services to their existing offerings. This is known as ________.

• A) reintermediation
• B) disintermediation
• C) retail transformation
• D) e-collaboration
• E) new-market synchronization

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Definitions:

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Mitwelt

In Binswanger’s phenomenological analysis, social experience such as feelings and thoughts about others and oneself in relation to them.

Free Will

The concept that humans have the ability to make choices that are not pre-determined by biological or external factors.

Authentic Existence

Authentic existence refers to living in accordance with one's true self, beliefs, and values, rather than conforming to external expectations.