In Response to Threats from Such Companies as AOL,Amazon

question 133

Multiple Choice

In response to threats from such companies as AOL,Amazon.com,Yahoo!,eBay,E*TRADE,and dozens of others,established manufacturers and retailers became "brick-and-click" oriented by adding online services to their existing offerings.This process became known as ________.

• A) reintermediation
• B) disintermediation
• C) e-commerce
• D) e-collaboration
• E) new-market synchronization

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Definitions:

Aspirational Firm

A concept in business and finance referring to a company that sets ambitious goals and seeks to innovate and grow rapidly.

LIFO

Last In, First Out, an accounting method used to value inventory that assumes the most recently produced items are the first to be sold.

FIFO

First-In, First-Out, an accounting method where the oldest inventory items are recorded as sold first.

ROE

ROE, or Return on Equity, measures a corporation’s profitability by revealing how much profit it generates with the money shareholders have invested.