offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle
A
Reintermediation
B
Disintermediation
Countermediation
С
Both A and b
D
Answers
Answer:
b. disintermediation
Explanation:
Disintermediation is the reduction in the use of intermediaries between producers and consumers, for example by investing directly in the securities market rather than through a bank.
B)Disintermediation
- Disintermediation is the process of cutting out one or further mediators from a sale , force chain , or decision- making process .
- The usual reasons for disintermediation are to reduce costs or increase delivery speed .
- In fiscal terms , disintermediation involves the junking of banks , brokers , or other third parties , allowing individualities to distribute or invest directly .
- Cryptocurrencies are disintermediating the fiscal sector and government from financial deals .
- The process does not always work because it requires fresh staffing and other coffers to replace the services supplied by a conciliator .
Explanation for incorrect:
Re-intermediation:Re-intermediation is the transfer of investment capital into safe bank deposits or the reintroduction of intermediaries between suppliers and buyers .
The term can be used in various finance contexts , as opposed to decentralisation .
Countermediation:Opposition to mediation can be defined as "the creation of a new arbitrator by an existing organization".
In short, the company is not only a broker, but also actively invests in the creation of new brokers owned by it and not owned by its owners.
#SPJ3