Wednesday, 4 January 2012

The Big Six

What are the implications & advantages of one company owning lots of different mediums?
Disadvantages are that: They will start to be recognized and will start to get more rivalry in competition in their companies.
- They star to gain more power in their company therefore they start to exploit their employees. Example is that disney pays their employees below the average minimum wage.
- It makes it harder for smaller businesses to operate when they have less power in the industry.