Intermediaries Are Not Necessary When People Sell Things on Websites

question 155

True/False

Intermediaries are not necessary when people sell things on websites like eBay.

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Definitions:

Work Redesign

The process of altering jobs and work processes to improve organizational performance and employee satisfaction.

Workforce Reduction

The process of decreasing a company's employee count through methods such as layoffs, retirements, or terminations, often for cost-cutting measures or organizational restructuring.

Unwritten Employment Contract

An implied agreement between an employer and employee that is not formally documented but is understood and accepted by both parties.

Downsizing

A corporate strategy involving the reduction of a company's workforce to improve efficiency or adapt to new market conditions.