When a dam broke, the flow of water cut a strip of land from the river bank. This would be known as:

Companies should first think of the target market and then design the supply chain backward from that point. This strategy is called ________

A) demand chain planning B) resource planning C) external channel planning D) materials planning E) strategic business planning

Through a process of ________, traditional intermediaries are being eliminated as many companies question the value added by layers in the distribution channel

A) knowledge management B) disintermediation C) horizontal marketing D) vertical marketing E) hybrid marketing