Terminology
Conglomerate: A corporation consisting of a number of subsidiary companies or divisions in a variety of unrelated industries, usually as a result of merger or acquisition.
EX: Viacom
Demographic: A single vital or social statistic of a human population, as the number of births or deaths.
EX: Females 16-24
Early Adopter: First people to create a style that will be followed later.
EX: Bands
Coolhunting: Adults interveiwing and following kids to find out what us kids think is cool. So they can make things that we will buy.
EX: MTV
A Paradox of Coolhunting: How ''coolhunting" contridicts itself.
EX:
Synergy: The ability for people to be productive
EX: Sprite Party
Horizontal Integration: When a company expands its business into different products that are similar to current lines.
EX: McDonalds, and Disney
Ancillary Markets: generally refers to markets for feature films created by new television technologies.
EX:
A feedback loop: the causal path that leads from the initial generation of the feedback signal to the subsequent modification of the event EX: Interviewing then calculating results and sharing it with the company.
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