Question 1

Which is a term that describes what happens when one society exports an overwhelming surge of media images that strongly influence everything from fashion styles to views of morality?

Accepted Answer

A)   Cultural imperialism
B)   Oligopoly
C)   Consumer choice
D)   Narrative storytelling
E)   Monopoly

Question 2

The ______ merger is considered the biggest media merger failure ever.

Accepted Answer

A)   Universal Music Group and EMI
B)   Time Warner and Turner Broadcasting
C)   Sirius and XM
D)   Disney and ABC
E)   AOL and Time Warner

Question 3

Sometimes called monopolistic competition, _______________________ competition refers to a market with many producers and sellers but only a few products within a particular category.

Accepted Answer

The answer of Sometimes called monopolistic competition, _______________________ competition refers...

Question 4

Because today's flexible economy demands fast product development, smaller media companies have an advantage over their larger competitors.

Accepted Answer

A) True 
 B)False

Question 5

The U.S. mainstream news media have done little in recent years to sustain a public debate.

Accepted Answer

A) True 
 B)False

Question 6

American culture dominates global markets partly because it is appealing and partly for economic reasons.

Accepted Answer

A) True 
 B)False

Question 7

How might diversification be used to skirt antitrust laws?

Accepted Answer

A)   Employing minorities tends to make regulators happy and reluctant to target companies.
B)   It gets local communities to issue licensed monopolies, such as is the case with many local cable companies that are often the only cable company allowed to operate in a local community.
C)   By buying up lots of different media products, a company can avoid the appearance of monopolizing any one product, yet still be large enough that it only really competes with a handful of other similar companies.
D)   A company avoids U.S. antitrust laws by buying up media companies around the world.
E)   None of the options are correct.

Question 8

The book publishing and motion-picture industries are both examples of ______.

Accepted Answer

A)   monopolies
B)   oligopolies
C)   O & Os
D)   limited competition
E)   None of the options are correct.

Question 9

The government trend toward deregulation was actually begun during the Carter years.

Accepted Answer

A) True 
 B)False

Question 10

Netflix struggled from 1997 until 2016 and even tried to sell out to Google.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is a characteristic of the shift from an industrial to an information economy?

Accepted Answer

A)   A change in focus from mass production to niche markets
B)   A movement from global to local markets
C)   A movement from office work to factory and industrialized production
D)   An emphasis on laborers rather than service workers
E)   All of the options are correct.

Question 12

The ____ permitted telephone companies entry into the TV business.

Accepted Answer

1996 Telec...

Question 13

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

Accepted Answer

A)   workers who belong to labor unions
B)   individual entrepreneurs who can tailor a unique media product to meet a niche market
C)   large companies that can easily absorb losses incurred from failed products
D)   government-subsidized companies that don't have to be concerned with making a profit
E)   None of the options are correct.

Question 14

One concern about the creation of a global village is cultural disconnection.

Accepted Answer

A) True 
 B)False

Question 15

What are the differences between freedom of consumer choice and consumer control?

Accepted Answer

Freedom of consumer choice and consumer ...

Exam 13: Media Economics and the Global Marketplace

American culture dominates global markets partly because it is appealing and partly for economic reasons.

Correct Answer
verified

Because today's flexible economy demands fast product development, smaller media companies have an advantage over their larger competitors.

Correct Answer
verified

The government trend toward deregulation was actually begun during the Carter years.

Correct Answer
verified

The ______ merger is considered the biggest media merger failure ever.

Correct Answer
verified

How might diversification be used to skirt antitrust laws?

Correct Answer
verified

The U.S. mainstream news media have done little in recent years to sustain a public debate.

Correct Answer
verified

Which is a term that describes what happens when one society exports an overwhelming surge of media images that strongly influence everything from fashion styles to views of morality?

Correct Answer
verified

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

Correct Answer
verified

Sometimes called monopolistic competition, _______________________ competition refers to a market with many producers and sellers but only a few products within a particular category.

Correct Answer
verified

The book publishing and motion-picture industries are both examples of ______.

Correct Answer
verified

Netflix struggled from 1997 until 2016 and even tried to sell out to Google.

Correct Answer
verified

Which of the following is a characteristic of the shift from an industrial to an information economy?

Correct Answer
verified

What are the differences between freedom of consumer choice and consumer control?

Correct Answer
Answered by ExamLex AI
Freedom of consumer choice and consumer ...
View Answer

The ____ permitted telephone companies entry into the TV business.

Correct Answer
verified
1996 Telec...
View Answer

One concern about the creation of a global village is cultural disconnection.

Correct Answer
verified

Exam 13: Media Economics and the Global Marketplace

American culture dominates global markets partly because it is appealing and partly for economic reasons.

Correct AnswerverifiedShow Answer

Because today's flexible economy demands fast product development, smaller media companies have an advantage over their larger competitors.

Correct AnswerverifiedShow Answer

The government trend toward deregulation was actually begun during the Carter years.

Correct AnswerverifiedShow Answer

The ______ merger is considered the biggest media merger failure ever.

Correct AnswerverifiedShow Answer

How might diversification be used to skirt antitrust laws?

Correct AnswerverifiedShow Answer

The U.S. mainstream news media have done little in recent years to sustain a public debate.

Correct AnswerverifiedShow Answer

Which is a term that describes what happens when one society exports an overwhelming surge of media images that strongly influence everything from fashion styles to views of morality?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Sometimes called monopolistic competition, _______________________ competition refers to a market with many producers and sellers but only a few products within a particular category.

Correct AnswerverifiedShow Answer

The book publishing and motion-picture industries are both examples of ______.

Correct AnswerverifiedShow Answer

Netflix struggled from 1997 until 2016 and even tried to sell out to Google.

Correct AnswerverifiedShow Answer

Which of the following is a characteristic of the shift from an industrial to an information economy?

Correct AnswerverifiedShow Answer

What are the differences between freedom of consumer choice and consumer control?

Correct AnswerAnswered by ExamLex AIFreedom of consumer choice and consumer ...View AnswerShow Answer

The ____ permitted telephone companies entry into the TV business.

Correct Answerverified1996 Telec...View AnswerShow Answer

One concern about the creation of a global village is cultural disconnection.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
Freedom of consumer choice and consumer ...
View Answer

Correct Answer
verified
1996 Telec...
View Answer

Correct Answer
verified