What Refers to the Creation of New Kinds of Intermediaries

question 18

Multiple Choice

What refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness,including comparison-shopping sites such as Kelkoo and bank account aggregation services such as Citibank?

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

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Definitions:

Specialty Restaurants

Restaurants that focus on a specific type of cuisine or dining experience, offering unique and specialized menu items.

Diffusion

Diffusion in the context of business and technology refers to the spread of a product, innovation, or idea through a population or market over time.

GDP

Gross Domestic Product, a measure of the economic performance of a country, assessing the total value of all goods and services produced over a specific time period.

Research and Development

Refers to the activities that companies undertake to innovate and introduce new products or services.