When ebay and amazon.com cut out the majority of middlemen that normally would participate in the exchange process, it is an example of D) Diversification
The elimination of the bulk of middlemen who would typically take part in the exchange process by ebay and amazon.com is an example of. Reverse auctioning, deregulation, reintermediation, disintermediation, and diversification are some examples of strategies. answer:
The trading of stocks, bonds, commodities, options, and futures takes place on an exchange. Maintaining fairness and order among buyers and sellers, as well as effectively disseminating information regarding prices for any sort of security traded on that exchange, are the primary goals of an exchange.
A public open auction where real and personal property is bought and sold. Traditionally, the auctioneer will accept the highest (and final) bid after a series of increasing bids or proposals from prospective buyers (who is usually an agent of the seller).
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