Criticism/reasons that may warrant the elimination of middlemen. - SS1 Commerce Past Questions and Answers - page 1

1

What is one reason that may warrant the elimination of middlemen?

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A

Direct communication with consumers

B

Lower production costs

C

Access to specialized knowledge

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2

How can eliminating middlemen provide cost efficiency for producers?

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A

By offering specialized knowledge

B

By reducing distribution costs

C

By increasing brand recognition

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3

What does eliminating middlemen allow producers to have greater control over?

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A

Customer feedback

B

Pricing and branding

C

Brand recognition

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4

What can direct engagement with consumers enable producers to collect?

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A

Data and analytics

B

Specialized knowledge

C

Distribution networks

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5

Which factor has contributed to the potential elimination of middlemen?

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A

Technological advancements

B

Access to financial resources

C

Global market expansion

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6

State one benefit that eliminating middlemen can provide for producers.

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7

What advantage can direct communication with consumers offer to producers?

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