What Occurs When a Business Sells Directly to the Customer

question 49

Multiple Choice

What occurs when a business sells directly to the customer online and cuts out the middle man?

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

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Definitions:

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Disability Pension

A financial benefit provided to individuals who are unable to work because of a disability.

Survivor Benefits

Benefits, often financial, provided to the dependents of a deceased individual, typically through insurance or social security systems.

Chronic Disability

A long-term physical or mental impairment that substantially limits one or more major life activities.