Due in a Large Part to Advances in Technology, ________

question 136

Short Answer

Due in a large part to advances in technology, ________ is a major trend whereby product and service producers are bypassing intermediaries and going directly to final buyers, or radically new types of channel intermediaries are emerging to displace traditional ones.
the vertical marketing system
the corporate marketing system
disintermediation
the corporate merger
the hostile takeover

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Definitions:

Westerners

Typically refers to individuals from Western Europe, North America, and other areas influenced culturally and politically by these regions.

Travelers

Individuals who move between different geographic locations, for purposes such as tourism, business, or leisure.

Foreign Assignments

Work assignments located in a country different from the employee's home country, typically involving international relocation.

McWorld

A term that describes the globalization of culture, economy, and technology, leading to a homogeneous global market and cultural standardization.