Asked by
Gurneet Jaswal
on Oct 13, 2024Verified
In the 1990s,media firms sought to control the production and distribution of many fields,as opposed to limiting their scope to their traditionally specific fields.This is referred to as:
A) vertical integration.
B) horizontal integration.
C) lateral integration.
D) total integration.
E) cultural integration.
Horizontal Integration
A business strategy where a company acquires or merges with other companies at the same level of production in the same or different industries to increase market share and reduce competition.
Vertical Integration
A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.
- Comprehend the effect of media proprietorship and concentration on both the variety and substance of media content.
Verified Answer
NO
Learning Objectives
- Comprehend the effect of media proprietorship and concentration on both the variety and substance of media content.