__________ refers to the merging of Internet or telecommunications companies with traditional media companies, such as Comcast with NBC Universal.
A) Cultural convergence
B) Technological convergence
C) Interpersonal convergence
D) Economic convergence

Question

Quizplus · Accepted Answer

Economic convergence refers to the combination and integration of companies in different industries to achieve financial benefits through increased efficiency, cost savings, and access to new markets. The merging of Internet or telecommunications companies with traditional media companies, such as Comcast with NBC Universal, falls under this category as it allows for increased revenue streams, access to new audiences, and cost reductions through shared resources.

__________ Refers to the Merging of Internet or Telecommunications Companies