The introduction of e-business brought about blank disintermediation, which occurs when a business sells directly to the customer online and cuts out the intermediary.
Disintermediation
The process of eliminating the financial intermediary in a transaction is referred to as disintermediation. It may enable a consumer to purchase directly from a wholesaler rather than through an intermediary such as a store, or it may allow a business to order directly from a manufacturer rather than a distributor.
What exactly is e-business?
E-Business (electronic business) refers to any process carried out by a business organisation over a computer-mediated network. Any for-profit, governmental, or nonprofit entity is considered a business organisation. Production, customer, and internal or management-focused business processes are all part of their processes.
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