What Is the Business Strategy That Lets a Company Shorten

question 93

Multiple Choice

What is the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsive and efficient service, and occurs when a business sells directly to the customer online?

• A) Disintermediation
• B) Intermediaries
• C) Cybermediation
• D) None of these

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Definitions:

Lessee

A Lessee is a person or entity who leases an asset from another, the lessor, under a lease agreement.

Lessor

A lessor is the party that leases or rents a property or asset to another party, known as the lessee.

Capital Lease

A lease arrangement that is recorded as an asset on the lessee's balance sheet, essentially treated as a purchase of the leased asset for accounting purposes.

Transfer of Ownership

The act of passing the legal title of an asset from one entity or individual to another.