The Three Major Strategies Mass Media Businesses Use to Be

question 24

Multiple Choice

The three major strategies mass media businesses use to be successful are

• A) increasing profits, competing against other media organizations, and finding new revenue streams.
• B) maximizing profits, constructing audiences, and reducing risk.
• C) maximizing profits, pleasing consumers, and expanding to other countries.
• D) None of the above

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Definitions:

Related Companies

Entities or businesses that are connected by common ownership, management, or business goals.

Attrition

A process of gradually reducing the strength or effectiveness of someone or something through sustained attack or pressure.

Employee Layoffs

The act of terminating employees, often due to economic downturns or organizational restructuring.

Seniority

The concept of individuals gaining certain privileges or positions based on the length of time they have been with an organization or in a particular job.