Role of corporations in the modern world
The purpose of this discussion is to help you understand the role of corporations in the modern world, and evaluating ethical aspects of corporate market domination. Prepare and post a response to the following prompts:
- What is a corporation? What are the defining characteristics of a public corporation? What is a conglomerate? What is the difference between a corporation and a conglomerate?
- Describe how media conglomerates are organized in the United States. Use an example of one media conglomerate and examine is various parts. How might these parts work together for mutual advantage?
- Consider the ethics of media conglomerates. What are the advantages and drawbacks of allowing large conglomerates to control the mass media? What are alternative ways the media can be organized? Would the alternatives be more ethical or virtuous? Explain your reasoning.
Your initial post should be at least 250 words in length. Support your claims with examples from the required material(s) and/or other scholarly sources, and properly cite any references in APA style as outlined in the Ashford Writing Center.
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The corporation is defined as an organization that engages in mobilizing resources for productive use so as to create wealth and other benefits for its multiple constituents or stakeholders. Its purpose does not serve on destroying wealth internationally nor increase risks or cause harm (American Bar Association. Committee on Corporate Laws, 2002). A public corporation is viewed as a corporate body put in place by the government………………
APA
492 Words