Examlex

Solved

What Is Disintermediation? How Do Marketers and Consumers Benefit from Disintermediation

question 55

Essay

What is disintermediation? How do marketers and consumers benefit from disintermediation? Provide a marketplace example.


Definitions:

Applied Overhead

An accounting method that allocates estimated overhead costs to specific jobs or production units based on a predetermined rate or formula.

Direct Labor

Wages or costs directly associated with workers who are involved in the production of goods or services.

Continuous Process

A manufacturing or production process that operates without interruption, typically in industries where the product is produced in a flow rather than discrete units.

Applied Overhead

The portion of manufacturing overhead costs allocated to individual units of production based on a predetermined rate.

Related Questions