Problem

Disintermediation

Nature:
The process of ridding economic transactions of middle-men is occurring across the Western economies. Although it is intended to bring producers and consumers together, increase efficiency and heighten customer satisfaction, much the reverse is often true. Jobs are sacrificed and service impaired as there are fewer people available to respond fully to customer questions and needs.
Reduces:
Dependence on costly trading intermediaries
Subject(s):
Commerce → Agencies, dealers
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST