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- What is the difference between economies of scale and economies of scope of media markets?What type of political, economic,and competitive challenge does MTV network international dace by operating world widewhat countries does Comcast corporation (CMCSA) do business in other than the united states?
- How has M TV networks international overcome cultural differences to create a world brandTo what degree does the American economic system allow the restaurant industry to provide what we need and want efficiently?What types of political, economic, and competitive challenges does MTV Networks International face by operating worldwide? How has MTV Networks International overcome cultural differences to create a world brand?
- How has MTV Networks International overcome cultural differences to create a world brand?Choose a product or service that you are familiar with (something you use or have used, something related to a job you or someone close to you has held, etc.). Are there a lot or few firms in the industry? Are the products similar or identical or without close substitutes? Are there barriers to entry and, if so, what are they?Consider the local music scene in your area. Name some of the local live bands that play in clubs and music halls, both on and off-campus. Look in your local newspaper for advertisements for upcoming shows or performances. How would you characterize the market for local musicians? Is there product differentiation? In what specific ways do firms (individual performers or bands) compete? To what degree are they able to exercise market power? Are there barriers to entry? How profitable do you think the musicians are?
