Reducing the Business Process Layers in a Distribution Channel Is

question 24

Multiple Choice

Reducing the business process layers in a distribution channel is called

• A)disintermediation.
• B)BPR.
• C)market segmentation.
• D)network effects.
• E)market transparency.

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Definitions:

Systematic Approach

A methodical plan of action that follows a specific sequence of steps to solve a problem or achieve a goal.

Managing Diversity

The practice of acknowledging, understanding, accepting, and valuing differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status.

Competitive Advantage

A business's unique ability to perform better than its competitors due to superior products, services, or operations.

Strategic Advantage

A benefit that enables an organization to outperform its competitors.