What is a corporation? What are the defining characteristics of a public corporation?

Ashford 6: – Week 5 – Discussion 2
Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Reference the Discussion Forum Grading Rubric for guidance on how your discussion will be evaluated.
Conglomerates   and Market Domination
The purpose of this discussion is to help you understand the role of corporations in the modern world, and evaluating ethical aspects of corporate market domination. Prepare and post a response to the following prompts:

What is a corporation? What are the defining characteristics of a public corporation? What is a conglomerate? What is the difference between a corporation and a conglomerate?
Describe how media conglomerates are organized in the      United States. Use an example of one media conglomerate and examine is      various parts. How might these parts work together for mutual advantage?
Consider the ethics of media conglomerates. What are      the advantages and drawbacks of allowing large conglomerates to control      the mass media? What are alternative ways the media can be organized?      Would the alternatives be more ethical or virtuous? Explain your      reasoning.

Your initial post should be at least 250 words in length. Support your claims with examples from the required material(s) and/or other scholarly sources, and properly cite any references in APA style as outlined in the Ashford Writing Center. Respond to at least two of your classmates’ posts by Day 7.