Which of the Following Terms Describes a Change in the Supply

question 26

Multiple Choice

Which of the following terms describes a change in the supply chain where the provider and consumer interact directly with each other to eliminate the need for an intermediary?

• A) encryption
• B) reintermediation
• C) disintermediation
• D) business intelligence
• E) reverse logistics

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Definitions:

Employee Referrals

A recruiting strategy where current employees recommend prospective candidates for job openings within the company, often incentivized through rewards.

Private Employment Agency

An organization that matches employers with job seekers for a fee.

Executive Search Firms

Companies specialized in recruiting executive-level personnel for other organizations, often for senior positions needing specific expertise.

On-campus Recruiting

The process by which employers visit universities and colleges to recruit directly from the graduating student population.