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Conglomerates and Market Domination

Conglomerates and Market Domination

The purpose of this discussion is to help you understand the role of corporations in the modern world, and evaluating ethical aspects of corporate market domination. Prepare and post a response to the following prompts:

What is a corporation? What are the defining characteristics of a public corporation? What is a conglomerate? What is the difference between a corporation and a conglomerate?

Describe how media conglomerates are organized in the United States. Use an example of one media conglomerate and examine is various parts. How might these parts work together for mutual advantage?

Consider the ethics of media conglomerates. What are the advantages and drawbacks of allowing large conglomerates to control the mass media? What are alternative ways the media can be organized? Would the alternatives be more ethical or virtuous? Explain your reasoning.

Your initial post should be at least 300 words in length. Support your claims with examples from the required material(s) and/or other scholarly sources, and properly cite any references in APA style as outlined in the Ashford Writing Center.

 

 

Mosser, K. (2013). Ethics and social responsibility (2nd ed.). San Diego, CA: Bridgepoint Education, Inc.

 

 

 

………………………….Answer preview……………………..

A corporation is defined as a legal organization that facilitates individuals to throw in and pool resources, labor and capital so as to create a profit. They are formed by the state law in the state in which they are integrated. Generally, these laws enable the corporation to overcome the limitations of any one individual……………………………………

APA

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