Reintermediation Can Be Defined As

question 39

Multiple Choice

Reintermediation can be defined as:

• A) a change in the supply chain eliminating the need for an intermediary.
• B) a process where companies constantly reinvent themselves in order to survive.
• C) the "fundamental rethinking and redesign" of business processes.
• D) the process of using the internet to reassemble buyers, sellers, and other partners in new ways.
• E) the reintroduction of a previously obsolete product.

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Definitions:

Short-Term Debt

Borrowings and financial obligations that are due to be repaid within a year.

Short-Term Assets

Short-term assets, also known as current assets, are assets expected to be converted into cash, sold, or consumed within a year or within the business's operating cycle if longer.

Marginal Tax

The tax rate that applies to the last dollar of the taxpayer's income.

Financial Manager

A professional responsible for managing the financial health of an organization, including planning, directing investment activities, and developing financial strategies.