When Evaluating the Business Value of Disintermediation, the More ____________

question 51

Multiple Choice

When evaluating the business value of disintermediation, the more ____________ that are cut from the distribution chain, the lower the product price.

• A)Technology
• B)Customers
• C)Data stream
• D)Intermediaries

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Definitions:

Information Technology

The use of computers, networks, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Formalisation

The process of establishing official structures, procedures, and rules within an organization to ensure efficiency, clarity, and compliance.

Vroom-Jago Leader-Participation Model

A decision-making framework that helps leaders decide how much participation they should allow from subordinates in the decision-making process.

Group Decision

A decision-making process where choices or judgments are made collectively by a group rather than by an individual.