One Major Concern with Restricted Ownership of Major Media Outlets

question 54

Multiple Choice

One major concern with restricted ownership of major media outlets is that:

• A) fewer entertainment options will be available.
• B) the incentives for quality media programs will be reduced as competition declines.
• C) fewer people will be able to consume media products,threatening the industry's viability.
• D) de facto censorship may occur because it becomes easier to suppress messages that media owners don't support.

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Definitions:

Cash Savings

The amount of money a company or individual keeps on hand that is not invested, spent, or used in paying off debts.

Salvage Value

The estimated value for which an asset can be sold at the end of its useful life, typically used for depreciation calculations.

Internal Rate

Often referred to as the internal rate of return (IRR), it is a financial metric used to estimate the profitability of potential investments.

Annual Cost Savings

The reduction in costs realized over a year, from actions such as process improvement or cost-cutting measures.