MCU
1 What is a conglomerate in the media industries? a company that owns numerous companies involved in mass media enterprises , 2) What is a subsidiary ? A company within a conglomerate that has many smaller companies (subsidiaries) working underneath them . 3) What are the benefits for media companies of vertical integration ? Increased competitiveness. Greater process control. Increased market share. Increased supply chain coordination. Decreased cost. 4) What are the benefits for media companies of horizontal integration ? Reduced competition. ... Increased market share. ... Expanded customer base. ... Revenue growth. ... Improved efficiencies. ... Greater product and service differentiation. ... Access to new markets. ... Increased market power. 5) Give three examples of media companies or brands that have used synergy to maximise their profits. There are examples in the notes above to help you. -Mobil -Pi...