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:

Deviance

Behaviors, actions, or conditions that violate societal norms or standards, leading to social disapproval, sanction, or exclusion.

Moral Panic

A widespread feeling of fear and concern among the general public, often disproportionate to the actual threat, about an issue perceived to threaten social norms.

Media Representation

The portrayal of events, people, and circumstances through various media channels, which can significantly shape public perception and discourse.

Merton's Five Adaptations

Robert K. Merton's theory that individuals adapt to societal pressures in five ways: conformity, innovation, ritualism, retreatism, and rebellion.