Identify a True Statement About the Innovative Strategy of Disintermediation

question 25

Multiple Choice

Identify a true statement about the innovative strategy of disintermediation.

• A)It uses the price skimming strategy to gain a foothold in the market.
• B)It involves reconfiguring the value chain to eliminate activities or steps.
• C)It creates products that outperform existing products in the market.
• D)It involves producing a low-cost product or service at the low-end or most price-sensitive segment of the market.

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Definitions:

Common Law

A body of unwritten laws based on legal precedents established by the courts, influencing the decision-making in novel cases where the outcome cannot be determined based on existing statutes or written rules of law.

Statutory Law

Laws established by legislative bodies such as Congress or Parliament.

Mediation

A conflict resolution process involving a neutral third party who helps disputing parties find a mutually acceptable solution.

Third Party

An entity that is involved in a transaction but is not one of the principal parties, often providing an intermediary service or additional perspective.