Identify a True Statement About Reintermediation with Reference to E-Tailing

question 31

Multiple Choice

Identify a true statement about reintermediation with reference to e-tailing.

• A) It refers to the design of business models that reintroduce middlemen.
• B) It refers to the design of business models that eliminate middlemen.
• C) It provides ways for clients and firms to conduct business online without human assistance.
• D) It provides ways for clients and firms to conduct business activities in a traditional manner by operating physical locations.
• E) It enables access to Web sites linked to corporate databases in order to provide real-time access to personalized information.

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Definitions:

Recruitment Costs

Expenses incurred by an organization in the process of finding and hiring new employees, including advertising, interviewing, and training expenses.

Labour Demand

The need or desire for labor within the market or economy, often influenced by economic conditions, organizational growth, and industry trends.

Minimum Wage Legislation

Laws established by governments setting the lowest hourly wage that employers can legally pay their workers.

Jurisdictions

Jurisdictions are the official power to make legal decisions and judgments, typically defined by geographic boundaries or specific areas of law.