Horizontal Integration Occurs When a Single Media Company

question 12

Multiple Choice

Horizontal integration occurs when a single media company

• A) merges with the only other company in the same business
• B) acquires other media businesses of the same nature
• C) owns all the media business in a specific market area
• D) sells the majority of its shares to other media businesses
• E) owns businesses throughout the media production and distribution chain

---

Definitions:

Membership Fees

Fixed charges that members pay to belong to an organization, club, or service.

Means Test

A method used to determine an individual's eligibility for certain types of financial assistance, based on their income and assets.

Chapter 7 Bankruptcy

A segment of U.S. bankruptcy law allowing for the liquidation of a debtor's assets to pay off creditors as part of a bankruptcy proceeding.

Bankruptcy Process

Refers to the legal proceedings involved in declaring an individual or business insolvent, allowing them to be discharged of some or all debt under the jurisdiction of bankruptcy courts.