Which of the following refers to the displacement of market middlemen and the creation of a new direct relationship between producers and consumers?
A) network effect
B) disintermediation
C) friction-free commerce
D) first mover advantage

Question

Quizplus · Accepted Answer

Disintermediation specifically refers to the removal of intermediaries or "middlemen" in a market, leading to a direct relationship between producers and consumers. The other options do not refer specifically to this concept.

Which of the Following Refers to the Displacement of Market