1.2B Flashcards

1
Q

What is a Conglomerate

A

(Walt Disney studios)

Profit based large business consisting of different companies

Pay profits to shareholders as well as investing in business

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2
Q

What is Horizontal integration

A

A company that specialises in one type of business, **buys up lots of other companies that are in the same business ** to support cross promotion

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3
Q

Vertical integration

A

(Walt Disney studios)

Conglomerate has the ability to produce, advertise and distribute its products because these processes can be carried out by subsidiaries, affiliates or joint ventures

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4
Q

Public service

A

(BBC)

Acts in the publics Interest serving all audiences through high white services to inform educate and entertain

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5
Q

Public service pros-

A

-Funded through tv licence fee

  • original content for audiences

-no commercial ads

-no fake news

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6
Q

What is a Independent company

A

(Clock work films)

Single entity working for itself only one type of product - would need another company to help distribute its products

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7
Q

Independent company pros

A

Niche, specialised companies can develop successful franchises

Opportunities to create ventures

Paid to collab with others to produce high quality products

Freedom to tackle non-mainstream subjects

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