The purpose of this discussion is to help you understand the 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
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A corporation is referred as people or company that has been authorized by law to act as a single entity. It must meets particular legal requirements in order to be recognized as an entity that is separate as well as distinct from its owner(s). Conglomerate is referred as a large corporation which has a controlling interest in a number of smaller companies. It is a fact that both conglomerates as well as other different types of corporations are referred as legal entities. This means that the entities can face lawsuit or buy assets. Those cooporations together with conglomerates must pay federal and state taxes (Hannaford, 2007). Nevertheless…
APA
335 words
