Instead of Asking, "What Do Media Do to People?" Katz

question 4

Multiple Choice

Instead of asking, "What do media do to people?" Katz suggested the question to ask is:

• A) "how should we use media?"
• B) "what do people do with media?"
• C) "what effect does the media have on people?"
• D) "why do people gravitate towards certain mediums?"

Distinguish between overt and covert collusion and their implications for market performance.

Identify factors that facilitate or hinder the establishment and maintenance of cartels.

Understand the prisoner’s dilemma and how it relates to the challenges of cooperation and competition in oligopolies.

Understand different market structures, including monopoly, oligopoly, monopolistic competition, and pure competition.

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Definitions:

Negative Messages

Communication that conveys denial, refusal, or bad news in a professional context.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior, often applied to personal or professional conduct.

Etiquette

The accepted rules of courteous conduct in society or within specific professional or group settings.

Emotions

Complex psychological states that involve three distinct components: a subjective experience, a physiological response, and a behavioral or expressive response.