• Research Paper on:
    United States' Intermediation Sectors

    Number of Pages: 35

     

    Summary of the research paper:

    In thirty five pages this paper examines intermediation in terms of its U.S. history with a focus upon the automotive and financial industries with disintermediation trends and the impact of the Internet among the topics discussed. Twenty three sources are cited in the bibliography.

    Name of Research Paper File: RT13_SA223USA.rtf

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    Unformatted Sample Text from the Research Paper:
    man was usually warranted whenever business transactions ensured. Trade relationships in earlier centuries required that someone buy and ship and resell items and there were few times in history, in  fact, where a product or service was created and sold directly. Of course, much depends upon the industry and even today, there are instances when intermediation is not required. There  are people who sell their art work on the street, or sing for pennies or perhaps sell services such as baby-sitting, but by and large, big business is reliant on  intermediation sectors. No industry is more obviously entrenched in intermediation than the financial sector. The automotive sector is also a good example of a place where intermediation flourishes. Despite the  popularity, and necessity of the middle man, the advent of the Internet has changed things for those involved in certain applicable businesses. For example, car sales has notoriously relied on  middle men for both new and used product. Yet, today, with the help of the Internet, new car sales are conducted directly from manufacturer to purchaser, something never done in  the past. Similarly, new and used car intermediaries have sprung up online and this in fact has created more middle men in the process. The goals of intermediation are  varied. Sometimes they involve specialization in production. For example, in the automotive industry, parts manufacturers are more specialized institutions and so, one can say that to a great extent, they  produce a higher quality of goods. The intermediation sectors in the automotive industry are varied, and while that is the case, it creates a scenario where the industry runs like  a well oiled machine, much like Fords original factory and a Fordism mentality permeates the intermediation sectors. Transportation costs and other overhead costs such as the hiring of additional employees, 

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