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What Functions Do Intermediaries Serve? How Is the Concept of Disintermediation

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Essay

What functions do intermediaries serve? How is the concept of disintermediation related to Porter's Five Forces? Is disintermediation inevitable for all industries (why or why not)?


Definitions:

Body Image

An individual's perceptions, thoughts, and feelings about their own body's appearance, which can significantly affect their self-esteem and mental health.

Psychosocial Development

The theory that individual psychological development occurs in and is affected by the social environment.

Self-Esteem

The degree to which an individual values, respects, and feels confident about themselves.

Sexuality Changes

Variations or transformations in sexual orientation, preferences, identity, or physical sexual functions, which can occur due to factors like age, health, psychological conditions, or social influences.

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