The term disintermediation refers to the process in which firms access:

Question

Quizplus · Accepted Answer

Disintermediation is the process of eliminating intermediaries or middlemen between the supplier and the consumer. In the context of finance, it refers to the process in which firms access capital markets directly, without the intervention of financial intermediaries like banks or investment firms. This allows companies to reduce financing costs and have more control over their investment decisions. Therefore, option C is the best choice as it aligns with the definition of disintermediation.

The Term Disintermediation Refers to the Process in Which Firms