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lisov135 [29]
3 years ago
10

For over 10 years, Erudite, a publishing and educational company that produces college textbooks, has been selling its books onl

ine through studysmart, a popular online retailer that sells textbooks published by different companies. Recently, Erudite stopped selling its books through studysmart and set up its own Web site to sell its books. This change in channel organization is called ________.
Business
1 answer:
Fittoniya [83]3 years ago
5 0

Answer: Disintermediation

Explanation:

Disintermediation is the withdrawal of funds from an intermediary financial institutions e.g savings and loan associations or banks in order to invest them directly. It is the reduction in using intermediaries between the producers and consumers.

From the question, Erudite stopped using an intermediary and started selling its books online. The main advantage of disintermediation is that the consumer saves money.

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which of the following is omitted in a barter transaction?a) tradeb) medium of exchangec) store of valued) money
pychu [463]

Money is omitted in a barter transaction.In a barter transaction, two parties trade one basket of goods and services for another basket containing additional goods and services.

<h3>What is barter transaction?</h3>
  • A barter transaction entails two parties and involves the exchange of one basket of products and services for another basket including other commodities and services. without a related monetary payment.
  • In the alternative trading system of barter, products and services are traded directly for one another without the use of money as a middleman. For instance, a farmer may trade a pair of shoes from a shoemaker for a bushel of wheat.
  • Several different kinds of barter exchanges are briefly described and explained here.
  • Direct bartering is the direct exchange of goods or services between two or more parties.
  • retail barter is exchanged between small enterprises through a trade exchange that is locally arranged.

To learn more about barter transaction refer to:

brainly.com/question/1296806

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8 0
1 year ago
A company's net sales were $738,800, its cost of goods sold was $246,020 and its net income was $68,200. Its gross margin ratio
ikadub [295]

Answer:

5

Explanation:

8 0
3 years ago
Collective Bargaining Westwood Industries is a company specializing in sheet metal fabrication. Most of its employees are member
Setler79 [48]

Answer:

Since Westwood's workers are not government workers, nor railroad or airline workers, nor farmers or domestic workers, they are allowed to strike by the National Labor Relations Act of 1935.

Unions are allowed to call media outlets, and they always do in order o increase public pressure against the company.

Massed picketing (forming barriers and not allowing workers to enter a factory) and sit down strikes are not legal, they are forbidden by the National Labor Relations Act.

8 0
3 years ago
AirBird is a domestic airline company that is building a Customer Relationship Management (CRM) system that focuses on providing
solmaris [256]

Answer:

AirBird should help their customers and provide a trial on how to run the application of the Airline on their phones. The trial or demo will help the customers to easily access their requirement.

Explanation:

Customer Relationship Management is important in todays world. There are many competitors available and the bargaining power of customers is high as they can easily switch to other airline because of available alternates. The airline company has launched a program which will help its customers to easily access all the information about the airline. The customers find it easy to access the information they require by just a click on their phone. They can search flights, routes and prices of the flight on their phones.

3 0
3 years ago
Phillip is a real estate investor. He flips homes: He buys undervalued homes and sells them at a higher price later to make a pr
ZanzabumX [31]

Answer:

$90,000

Explanation:

When we calculate GDP, its not included the value of the resale product because the value of the original product(house) already included in the year. Reselling item and commission added in GDP. Because Dealer gets commission for his service and this is like his income.

Included Amount in GDP = Sale Price × Agent Commission

= $1,500,000 × 6%

= $90,000  

2020, GDP will increase by = $90,000

7 0
3 years ago
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