particular action. Whenever the result comes to a positive ends, it is definitely ethical even though it clashes with another moral right. As long as it may benefit any of the individuals, it is considered as an ethical action. In the view of the conglomerates, regardless to other concerns, as long as they earn their profit and action will bring them benefit, things will be definitely ethical because they are satisfy and happy with the results. It is easy to be determining without worrying…
that works, all arguments must be addressed. Considering the Telecommunications Act of 1996 Drale credits it as a failure in most aspects. She accepts the fact that deregulation led to the production of a frenzy of mergers in which produced media conglomerates but she also states that it has brought about the development of alternative media and a public sphere that can be found and scene on the…
excessive government intervention in the market favoring the conglomerates that had the intimate ties with the government at the expense of discriminating against other domestic firms in the market. So, Korea had to be bailed out and received financial support from IMF, in agreement of increasing its transparency of the industrial and financial sector by ending the long-standing friendship between the government and large conglomerates. However, even after the bitter lesson from the financial…
electronic product in general. The series of incidents relating to the Note 7 left people reluctant of purchasing Samsung Electronics and in turn hesitant of the name Samsung, therefore changing and possibly damaging the subsidiary and potentially the conglomerate company’s image in the public eye. Samsung Group launched a recall and exchange program to all Note 7 Galaxy phones,…
distribute information to the people. Increasingly a few media corporations took charge of a majority of the news the general public can access. As a result they controlled most of one’s ideas and imagination about the world. This control allows these conglomerates to influence the media they want the public to see, and in doing so much of society is blinded to issues that are of importance. Media consolidation has harmed televised news because, it can censor people from issues of importance,…
basic sense it’s pretty similar, and I say this because the structure of business can only vary so much. For every business or conglomerate or chaebol or whatever you want to call them, they need a guy in charge, employees, and products to make and distribute to earn money. This is the basic idea of business and both the South Korean chaebols and the U.S. conglomerates share this idea. However, if you…
CONGLOMERATE Conglomerate integration occasionally also comes up in form of merger, acquisition or takeover. It involves the coming together of two or more companies in different industries, i.e. the business not related with each other or sometimes not within same industry. The integration defers to that of horizontally (producing the same or competing products) nor vertically (standing towards each other in the relationship of supplier and buyer or potential supplier and buyer) but possibly…
debottlenecking or upgrading the existing processes or systems. This type of diversification is being used by small producers of consumer goods like a bakery starts producing pastries, Cake, cookies and dough products. 4. Conglomerate Diversification or Heterogeneous Diversification: Conglomerate diversification is moving to new products or services that have no technological or commercial co-relation with existing products, equipment, distribution channels, but which may plea to new groups of…
People cannot judge the world based on the reportings of these conglomerates, who prioritize turning a profit over providing accurate and objective stories to the public; rather, people need to step out of this “cave” of sorts, and take in the full scope of the world’s most controversial issues. The large institutions are…
quo on internet usage to keep is loyal users. Large corporations such as phone companies, cable providers and internet service providers (ISPs) are against net neutrality solely because of their interest in greater financial prosperity. These conglomerates that are against net neutrality…