The Elimination of Intermediate Organizations Between the Producer and the Consumer

question 56

Multiple Choice

The elimination of intermediate organizations between the producer and the consumer is called _____.

• A) disintermediation
• B) downsizing
• C) market segmentation
• D) fragmentation

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Definitions:

Core Features

The essential or most important characteristics that define a particular entity, concept, or system.

Mixed Farming

An agricultural approach that involves the raising of both crops and livestock on the same farm area.

Silent Trade

A method of trading where goods are exchanged without direct communication between the traders, often used in history to trade across cultural boundaries.

Adversarial Groups

Organizations or collectives that are in opposition to one another, typically within a context of conflict or competition.