English College

Vertical integration means that companies own other companies unrelated to mass media. True or false.

Answers

Answer 1

Vertical integration means that companies own other companies unrelated to mass media. This is false.

How to explain the information

Vertical integration refers to a strategy where a company acquires or controls different stages of the same industry's supply chain, typically extending from the production of raw materials to the distribution of the final product.

This strategy aims to streamline operations, reduce costs, and increase efficiency by bringing various stages of production under one ownership. It is commonly seen in industries such as manufacturing, energy, and telecommunications, among others.

In the context of mass media, vertical integration would involve a media company owning or controlling various stages of the media production and distribution process, such as owning television networks, film studios, production companies, streaming platforms, and distribution channels.

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Related Questions

A conglomerate is a:

A- company that owns more than one type of media property.

B- large group of television networks.

C- company that owns media companies and other companies that are unrelated to media.

D- group of TV networks and newspapers.

Answers

A conglomerate is a C- company that owns media companies and other companies that are unrelated to media. The correct option is C.

What is a conglomerate?

A conglomerate is a large corporation or organization that consists of diverse businesses operating in different industries.

While some conglomerates may own media properties, the term "conglomerate" refers to companies that own a variety of unrelated businesses rather than specifically being limited to media-related holdings. Therefore, option C accurately defines what a conglomerate is.

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