The elimination of organizations that operate between the producer and the consumer is called _____.
A) market segmentation
B) downsizing
C) disintermediation
D) personalization

Question

Quizplus · Accepted Answer

Disintermediation refers to the removal of intermediaries or middlemen between the producer and the consumer. This can happen due to advancements in technology or changes in business practices. Market segmentation is the process of dividing a market into smaller segments based on characteristics such as demographics or behavior. Downsizing refers to reducing the size of a company or organization. Personalization refers to tailoring products or services to meet the specific needs of individual customers. None of these fully describe the elimination of intermediaries.

The Elimination of Organizations That Operate Between the Producer and the Consumer