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Define disintermediation
Disintermediation is the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments.
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Asked 3/13/2013 11:18:47 AM
Updated 2/21/2018 11:23:31 AM
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Edited by yumdrea [2/21/2018 11:23:31 AM]
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Disintermediation is the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments.
Added 2/21/2018 11:15:07 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [2/21/2018 11:23:34 AM]
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what is business model?
Weegy: A business model (also called a business design) is the mechanism by which a business intends to generate revenue and profits. [ It is a summary of how a company plans to serve its customers. It involves both strategy and implementation. It is the totality of how a business: Selects its customers Defines and differentiates its product offerings Creates utility for its customers Acquires and keeps customers Goes to the market (promotion strategy and distribution strategy) Defines the tasks to be performed Configures its resources Captures profit [edit] Types of business models Generally, the business models of service firms are more complex than those of manufacturers and resellers. The oldest and most basic business model is the shop keeper model. This involves setting up a store in a location where potential customers are likely to be and displaying a product or service. A business model is a description of how an organization functions, a general template that describes its major activities. It identifies the firm’s customers and the products and services it offers. A model also provides information about how a firm is organized and how it generates revenues and profits. Business models combine with strategy to guide major decisions at a firm. The model also describes products and services, customer markets and business process.. Nowadays, most of the business models depend on technology. Entrepreneurs on the internet have also created entirely new model that could not exist without this technology. Manufactures can easily reach to the ultimate consumer with minimum cost. Over the years, business models have become much more sophisticated. The bait and hook business model (also referred to as the "razor and blades business model" or the "tied products business model") was introduced in the early 20th century. This involves offering a basic product at a very low cost, often at a loss (the "bait"), then charging excessive amounts for refills or ... (More)
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Asked 3/13/2013 7:36:38 AM
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Definition of disintermediation
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Updated 7/11/2015 12:14:58 AM
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Disintermediation is giving the user or the consumer direct access to information that otherwise would require a mediator, such as a salesperson, a librarian, or a lawyer.

Added 7/11/2015 12:14:58 AM
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