The Process of Eliminating Layers of Middlemen, Such as Distributors

question 36

Multiple Choice

The process of eliminating layers of middlemen, such as distributors and retailers, to sell directly to customer is called:

• A) middleman lockout
• B) channel conflict
• C) disintermediation
• D) value chain reduction
• E) dislocation

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Definitions:

Four-Year Period

A specified duration of time encompassing four consecutive years, often referenced in contracts, warranties, or statutes of limitation.

Decade

A period of ten years.

Shareholder's Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often the corporation's executives or directors, alleging harm to the corporation.

Reasonable Supervision

The oversight effort expected from a person in a supervisory role to ensure subordinates are performing tasks lawfully and ethically.