When EBay and Amazon

question 60

Multiple Choice

When eBay and Amazon.com cut out the majority of middlemen that normally would participate in the exchange process, it is an example of ________.

• A) deregulation
• B) reverse auctioning
• C) reintermediation
• D) disintermediation
• E) diversification

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Definitions:

Informal Notes

Casual, non-official records or messages that may lack structure but convey necessary information or reminders.

Personal

Referring to or pertaining to an individual, their private life, or their personal belongings.

Informal Nature

Characterizing situations, relationships, or behaviors that are casual or not bound by formal rules, regulations, or procedures.

Letter Style

The font or design of the alphabet in written communication, which can vary in formality and aesthetic.