________ Refers to the Design of Business Models That Reintroduce

question 9

Multiple Choice

________ refers to the design of business models that reintroduce middlemen in order to reduce the challenges brought on by dealing directly with customers.

• A) Reintermediation
• B) Remutualization
• C) Gentrification
• D) Defalcation
• E) Reaffirmation

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Definitions:

ACT Models

A theoretical framework in cognitive psychology that stands for Adaptive Control of Thought, describing cognitive processes as interactions between declarative and procedural memory.

Procedural Memory

A type of long-term memory involved in the acquisition of skills and habits, responsible for knowing how to do things and perform certain tasks without conscious awareness of these previous experiences.

ACT Model

A theory in cognitive psychology that explains how we acquire, process, and use knowledge, focusing on mechanisms such as procedural and declarative memory.

Iconic Memory

A brief, transient visual memory that holds an exact copy of the visual stimulus for a very short period of time, usually less than a second.