What is the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsive and efficient service, and occurs when a business sells directly to the customer online? Disintermediation Intermediaries Cybermediation None of the above

Question

Business

Kaylynn Greer

24 May, 11:58

What is the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsive and efficient service, and occurs when a business sells directly to the customer online? Disintermediation Intermediaries Cybermediation None of the above

+5

Answers (1)

Know the Answer?

Lily Howard · Answer 1

Disintermediation

Explanation:

-Disintermediation is when the intermediaries between the producers and consumers are eliminated from the supply chain and the organization has a direct relationship with the customer.

-Intermediaries are people that act as mediators between two or more parties in the supply chain.

-Cybermediation is when a company offers mediation services over the internet.

According to this, the answer is that the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsive and efficient service, and occurs when a business sells directly to the customer online is disintermediation as the mediators are eliminated and the company has a direct contact with its customers.