Saturday, February 6, 2016

Exam 1 Study Guide

Spring 2016
Exam 1 study guide, COMM 354


Format: 33 multiple choice questions + 2 extra credit questions (104 total points possible)
Scope:  Doyle, Ch 1- 3

- Know what opportunity costs are

- Know what intellectual property is

- Know the difference between economies of scope and of scale

- Know what advertisers buy from media companies

- Know the strategies media companies use to spread risk

- Know the parts of the media vertical supply chain

- Know the main features of a convergence platform

- Know how multi-platform business strategies work

- Know the difference between vertical expansion and horizontal expansion

- Know the reasons why media companies pursue growth

- Know the rationale behind media windowing

- Know the business strategies behind personalization and narrowcasting

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