The increase in direct buyer-seller communication through e-business has eradicated the opportunities for intermediaries.

Question

Quizplus · Accepted Answer

While e-business has definitely increased the ability for buyers and sellers to communicate directly, there are still many instances where intermediaries are necessary. For example, in complex supply chains, intermediaries such as wholesalers, distributors, and logistics companies are often essential for efficient and effective transactions. Furthermore, there are certain types of products (such as luxury goods) where a personal touch and specialized knowledge are necessary, making intermediaries such as personal shoppers or salespeople valuable.

The Increase in Direct Buyer-Seller Communication Through E-Business Has Eradicated