Industry HL
Industry HL David Hesmondhalgh David Hesmondhalgh believes that companies need to minimise risk and maximise audiences to be successful. To do this, he suggests that a company should be vertically or horizontally integrated. Horizontal integration is where a company buys out or takes over competing companies that make similar products, which means that they can then mass produce those products, and dominate their competition and become successful; the company becomes more powerful. The profit that a company can gain by doing this allows them to have more resources and capacity to produce even more products for the audience, further making them powerful. Vertical integration is where a company buys out or takes over another company that does another part of the production process for their product. Both of these integration methods ensure that the company has a large amount of power and resources to overpower their competitors. Hesmondhalgh also suggests that companies should take a...