Disintermediation Occurs When the Traditional Retailer or Service Provider Is

question 85

True/False

Disintermediation occurs when the traditional retailer or service provider is reduced or eliminated in a supply chain.

Understand the basic concepts of demand and supply in economics.

Calculate price elasticity of demand for various goods.

Analyze the effects of market conditions and external factors on product demand.

Determine consumer preferences and reservation prices for goods.

---

Definitions:

Parameter Criteria

Specified boundaries or conditions used to filter data or determine the behavior of a program or function.

Curly Brackets

Symbols { and } used in programming to delineate blocks of code, and in mathematics to denote sets.

Split Form

A user interface layout that splits the screen into two sections, typically used in database applications to display a list of records on one side and detailed view of the selected record on the other.

Edit Data

The process or action of updating, correcting, or modifying existing data or information in a database, document, or file.