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Discuss the Concept of Disintermediation and Provide an Example

question 94

Essay

Discuss the concept of disintermediation and provide an example.


Definitions:

Cognition

The act of learning and understanding information by using our thoughts, experiences, and sensory inputs.

Information

Data that is organized, processed, or presented in a given context to make it meaningful or useful.

Social Loafing

The tendency for individuals to expend less effort on a task when working in a group compared to when working alone.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members.

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