Exam 13: Media Economics and the Global Marketplace

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When a company uses its concert promotion department to put on a show, then advertises the concert on the company's billboards, gives away free tickets on radio stations owned by that company, and advertises on the company's television stations, this is an example of ______.

(Multiple Choice)
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According to your textbook, today's flexible media system, in which new products are constantly rushed to the marketplace, favors ______.

(Multiple Choice)
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Which of the following is true about the globalization of media?

(Multiple Choice)
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According to the textbook, what's wrong with referring to a position as "common sense"?

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Former CBS broadcast chief William Paley once argued that anyone who attacked the commercial broadcast system was attacking democracy itself.

(True/False)
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Deregulation, globalization, and new media technologies have had significant effects on the content, the shape, and the business of media as a whole.Pick two changes you think are most significant and discuss their major impact.

(Essay)
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_______________________ is the phenomenon of one country's media, fashion, and food dominating the global market and shaping the cultures and identities of other nations.

(Short Answer)
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In the textbook, the term wage gap refers to ______.

(Multiple Choice)
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The trend of downsizing ______.

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Government deregulation and corporate strategy are leading to a mass media industry controlled by ______.

(Multiple Choice)
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What is the role of synergy in the current climate of media mergers? Describe three examples of synergy.

(Essay)
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The term synergy describes the dynamic creative energy of media corporations such as Disney.

(True/False)
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What was the impact/outcome of a 2010 Supreme Court decision (in a five-to-four vote) regarding campaign financing?

(Multiple Choice)
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The ______ merger is considered the biggest media merger failure ever.

(Multiple Choice)
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Name one argument for and one argument against the spread of global media.

(Short Answer)
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What are the three basic structures of today's mass media industries, and how do they differ?

(Essay)
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All five digital media conglomerates are weak in the area of ______.

(Multiple Choice)
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