When EBay and Amazon

question 60

Multiple Choice

When eBay and Amazon.com cut out the majority of middlemen that normally would participate in the exchange process, it is an example of ________.

• A) deregulation
• B) reverse auctioning
• C) reintermediation
• D) disintermediation
• E) diversification

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Definitions:

Outcomes

Outcomes are the results or effects of actions, decisions, or events.

Goals

The desired outcomes, objectives, or targets that individuals, groups, or organizations aim to achieve, guiding actions and decision-making processes.

Perspective-taking Ability

The capacity to understand and consider another individual's viewpoint.

Concession Rate

A measure of the frequency or extent to which concessions are made in a negotiation or bargaining scenario.