What Occurs When Steps Are Added to the Value Chain

question 104

Multiple Choice

What occurs when steps are added to the value chain as new players find ways to add value to the business process?

• A) Intermediaries
• B) Disintermediation
• C) Reintermediation
• D) Cybermediation

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Definitions:

Entropy

In thermodynamics, a measure of the disorder or randomness in a closed system; in information theory, a measure of the unpredictability or complexity of information.

Critical Organizational Communication

A field of study that analyzes how power, domination, and inequality are experienced and challenged within organizational settings through the use of communication practices.

Middle Schools

Educational institutions that serve students in the intermediary grades, typically between elementary and high school, often encompassing grades 6 through 8.

Equivocality

The characteristic of possibly being understood in multiple ways; vagueness.