My EOTO presentation was on technological advancement and impact that Google has had on society which is a pretty loaded topic to cram into a fairly short presentation. The impact of google and its consistent growth and advancement has been felt across the world in many ways. It has allowed information to become more accessable
My Group’s presentation was focused on policies that are very grey area on whether or not they are doing more good than bad or more bad than good. My specific policy that I researched was vertical integration. Vertical Integration happens when a company takes over multiple parts of the suply chain of a product. There is forward integration; When a company own a middle part of production and extends their reach forward or towards the finishing of the product, And there is backwards integration; when a company owns a middle part of production and extends their reach backwards in production in the direction of the raw goods. It works sort of like this: Backward integration: Forward Integration: While the above diagram is an oversimplification of how vertical integration works, you can see the general idea of it. Vertical integration is definitely a grey area policy. While it is not technically a monopoly and thus isnt prohibited by anti-trust regula...
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