Through a Process of ________, Traditional Intermediaries Are Being Eliminated

question 80

Multiple Choice

Through a process of ________, traditional intermediaries are being eliminated as many companies question the value added by layers in the distribution channel.

• A) knowledge management
• B) disintermediation
• C) horizontal marketing
• D) vertical marketing
• E) hybrid marketing

---

Definitions:

Coupon Rate

This is the annual interest rate paid by bond securities to its holders, typically expressed as a percentage of the bond's face value.

Bond Maturity

The date on which a bond's principal amount is paid back to bondholders, also marking the end of the bond's interest payments.

Bond Discount

The difference between the face value of a bond and its selling price when the bond is sold for less than its face value.

Impairment Loss

The amount by which the carrying value of an asset exceeds its recoverable amount, leading to a reduction in the asset's value on the balance sheet.