Identify a true statement about the innovative strategy of disintermediation.
A)It uses the price skimming strategy to gain a foothold in the market.
B)It involves reconfiguring the value chain to eliminate activities or steps.
C)It creates products that outperform existing products in the market.
D)It involves producing a low-cost product or service at the low-end or most price-sensitive segment of the market.

Question

Quizplus · Accepted Answer

Disintermediation involves reconfiguring the value chain to eliminate intermediaries or steps. This can result in cost savings and increased efficiency. It does not necessarily involve price skimming or producing low-cost products. It can also result in new innovative products that outperform existing ones, but that is not the primary focus of disintermediation.

Identify a True Statement About the Innovative Strategy of Disintermediation