Topic 4 Flashcards

1
Q

What are broad sheets

A

Newspapers that provide in-depth coverage, with a serious tone

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2
Q

What is an example of a broadsheet

A

The guardian

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3
Q

What is expert bias

A

using an expert from just one side of a debate, meaning that the other perspectives are not put forward

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4
Q

what is the financial press

A

newspapers and magazines aimed at the financially literate and industry practitioners

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5
Q

name an example of a financial press

A

financial times

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6
Q

what is the libor scandal

A

the discovery that some banks had manipulated the interest rates that are made available to a wide audience

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7
Q

What is mass media

A

content that is made available to a wide audience

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8
Q

name an example of mass media

A

tv, radio, newspaper, magazine

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9
Q

what is media bias

A

reporting a story from a particular perspective, perhaps to reflect the media outlet’s business priorities, or the views of the individual journalist

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10
Q

what is a middle market press

A

tabloid-format newspapers that carry stories designed to appeal to wide audiences, usually shorter and less complex than those in the broadsheets but less sensational than those in the ‘red-top’ tabloids

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11
Q

what is an example of a middle market press

A

daily mail, daily express

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12
Q

what is an objective report

A

a style of journalism that is free from bias and is based on facts

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13
Q

what is omission bias

A

leaving out facts and opinions that tend to disprove or challenge any claims made

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14
Q

what is subjective bias

A

a report based on personal views and experiences, rather than objective facts

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15
Q

what is the tabloid press

A

red top tabloids which carry short, often sensationalist, stories with little coverage of financial issues

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16
Q

what is a teaser reate

A

a very low starter interest rate that makes initial payments affordable, but after a short period, rate will increase

17
Q

what is a think tank

A

an organisation which is usually none profit, which carries out research into topics of political, economic and social policy

18
Q

how do media organisations write their reports

A

subjectively

19
Q

what is ‘moneyweek’

A

a financial magazine

20
Q

what is the radio 4 programme that focuses on personal finance

21
Q

what is omission bias

A

A media company choosing not to cover a story because it is against the company’s business interests

22
Q

Where is a technical analysis of the impact of change in corporation tax most likely to appear in

A

financial times

23
Q

what can the role played by the mass media be described as

24
Q

What were banks doing before the 07 financial crisis

A

lending money too easily

25
What was a reason for the ppi scandal to arise
payment protection insurance was being sold as a condition of being granted a loan
26
what was the libor scandal a form of
market rigging
27
what is race bias
ensuring that the editorial and reporting team is ethnically and culturally diverse
28
what is conflict of interests
the use of reports from neutral organisations that are not funded by the industry they are investigating
29
what is expert bias
the use of interviews with two or more people from different sides of the debate so that different views are expressed