In Reintermediation, Steps Are Removed from the Value Chain as New

question 28

True/False

In reintermediation, steps are removed from the value chain as new players find ways to add value to the business process.

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Definitions:

Intangible Benefits

Non-physical advantages that cannot be easily quantified, but significantly affect performance or satisfaction.

Satisfaction And Gratification

Satisfaction and gratification refer to the fulfillment or pleasure achieved after fulfilling a desire, need, or expectation.

Adoptions

The act of legally taking another's child and bringing it up as one's own, with all the rights and responsibilities of parenthood.

Psychosocial Stages

A theory by Erik Erikson that proposes eight stages of human development, each characterized by a different conflict that must be resolved.