Unit 1 | Lesson 3 | Globalization and media Flashcards
Definition of:
Outsourcing
A business strategy that involves creating production zones in countries where labor is cheaper to reduce costs
Definition of:
Transnational Corporation (TNC)
A company based in one country while either developing/manufacturing or delivering their products in more than one country
What are some examples of a Transnational Corporation?
- McDonalds
- Amazon
- Social media outlets
What does TNC stand for?
Transnational Corporations
What are some benefits to Transnational Corporations?
- Wide market
- More job opportunities in less developed countries
What are some downsides to Transnational Corporations?
- Inconsistent product quality
- More factories (more pollution)
- Creates dependencies for poor countries
What is the globalization of pop culture?
People have greater access to more programs, creating less connection to community and more connection to global events
What is Ambivalence of globalization?
The personal feeling that globalization is both positive and negative
What is universalization of pop culture
The homogenization of pop culture, making it less diverse among groups
What is cultural protection?
Cultural legislation established to protect groups and beliefs from homogenization
What is media concentration?
Having a small amount of corporations owning a large number of media outlets
What’s the major downside to media concentration?
media concentration often causes less diversity throughout media outlets
What is media convergance?
The process of using multiple media outlets together to achieve a goal, usually a form of propaganda
How is the media convergance and concentration becoming more negative?
Reducing the diversity of voices in media
What is the mindset of “digital divide”
The idea of which the increasing dependence on technology results in those without technology getting “left behind”
