AT & T Wireless-Oligopoly Market Structure

326 Words1 Page
bulb-icon

Recommended: Competition in the mobile phone industry

1. Identify the firm, what it produces (products or services), and market structure (and rationale for why you think it belongs in your selected market structure category).  Firm= AT&T Wireless-Oligopoly market structure=There are a very limited number of sellers, and immense number of consumers that demand goods and services. There are a small number of large firms that dominate/lead the industry. http://www.buzzle.com/articles/oligopoly-examples.html  2. Identify major competitors.  AT&T top competitors are:  Verizon Wireless  T-Mobile  Nextel 3. Discuss nature of competition in industry in terms of pricing, production, strategic positioning of product/service offerings, etc.  With the oligopoly market is that action of one specific

Show More
Related

  • What Is Deep Roots Distillery Case Analysis

    730 Words  | 2 Pages

    Competitive rivalry examines how intense the competition currently is in the marketplace, which is determined by the number of existing competitors and what each is capable of doing. (Arline, 2015).

    Read More

  • Benefits Of Best Buy

    728 Words  | 2 Pages

    Best Buy operates in an oligopolistic market where there are significant barriers to entry and few large firms dominate the market by selling identical goods. Best Buy is a non-collusive oligopolist, existing in a strategic environment where firms do not cooperate, yet are interdependent due to the fact that a firm’s action affects the market. Recently, Best Buy experienced an increase in demand, increasing its revenues and profits.

    Read More

  • Verizon Wireless and AT&T Analysis

    1023 Words  | 3 Pages

    Imagine if nobody had a cellphone in today’s world. That’s why today everybody has some form of a cellphone contract with the four major companies (AT&T, Sprint, Verizon or T-Mobile) or a less know cellphone provider. AT&T and Verizon Wireless provide more than the other two major companies.

    Read More

  • Australian Airline Oligopoly

    2191 Words  | 5 Pages

    Topic A (oligopoly) - "The ' An oligopoly is defined as "a market structure in which only a few sellers offer similar or identical products" (Gans, King and Mankiw 1999, pp.-334). Since there are only a few sellers, the actions of any one firm in an oligopolistic market can have a large impact on the profits of all the other firms. Due to this, all the firms in an oligopolistic market are interdependent on one another. This relationship between the few sellers is what differentiates oligopolies from perfect competition and monopolies.

    Read More

  • Environmental Analysis Of Lockheed Martin

    1642 Words  | 4 Pages

    This organization belongs to the oligopoly market structure. The oligopoly market structure involves a few sellers of a standardized or differentiated product, a homogenous oligopoly or a differentiated oligopoly (McConnell, 2004, p. 467). In an oligopolistic market each firm is affected by the decisions of the other firms in the industry in determining their price and output (McConnell, 2005, P.413). Another factor of an oligopolistic market is the conditions of entry. In an oligopoly, there are significant barriers to entry into the market. These barriers exist because in these industries, three or four firms may have sufficient sales to achieve economies of scale, making the smaller firms would not be able to survive against the larger companies that control the industry (McConnell, 2005, p.

    Read More

  • AT&T Overview

    1003 Words  | 3 Pages

    Have you ever wondered how your phone company started out? Or the new innovations it has brought about? And maybe even how the business is run? Well, today I’m going to talk about AT&T’s history, the products it sells, the employee jobs and U-verse.

    Read More

  • AT&T Business Strategy

    1387 Words  | 3 Pages

    AT&T Wireless is the leading wireless telecommunications provider in the US market. The US wireless market constitutes over 243M wireless subscribers. This represents a market penetration of 81%. The wireless market sells mobility of voice and data (video-media, download content and internet access).

    Read More

  • Strengths And Weaknesses Of AT & T. SWOT Analysis

    1121 Words  | 3 Pages

    Employee motivation is one of the keys to success in any business, especially in a retail sales environment. It is particularly important to understand how employee motivation can be impacted by the strengths and weaknesses of AT&T’s retail sales consultant position (RSC). A series of interviews and surveys were conducted over a two-week period with employees of AT&T in the RSC position as well as retail management positions to determine how the employees really feel about this position as well as internal strengths and weaknesses that contribute to employee motivation. Although there are a lot of positive factors that keep the employees motivated within AT&T, there are some weaknesses that can cause employees to become demotivated.

    Read More

  • AT&T Business Analysis

    5157 Words  | 11 Pages

    The soft factors can make or break a successful change process, since new structures and strategies are difficult to build upon inappropriate cultures and values. These problems often come up in the dissatisfying results of spectacular mega-mergers. The lack of success and synergies in such mergers is often based in a clash of completely different cultures, values, and styles, which make it difficult to establish effective common systems and structuresBased on the case study, extensive research and annual reports of AT&T the writer has mapped AT&T in the different domains. AT&T should strive to attain a perfect circle as close to the centre as possible, which indicates total synergy, order and equilibrium. Where the circle is skewed drastic change is needed as it moves closer to the outer ring of chaos:

    Read More

  • Five Forces Analysis: Airbus And Boeing

    731 Words  | 2 Pages

    Assess the likely outlook for the competition over the next 10 years in the market. Try to establish where new entry into this industry is likely, where demand will grow or shrink, how powerful buyers are likely to become, and what the implications of all this are for the nature of competition 10 years out.

    Read More

  • Camping Industry Research

    896 Words  | 2 Pages

    Research industry, target market, and competition. Indicate at least one positive and one negative factor for the current state of the industry, target market, and your competitors.

    Read More

  • Four Major Market Structures

    1239 Words  | 3 Pages

    There are four major market structures; perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition is the market structure in which there are many sellers and buyers, firms produce a homogeneous product, and there is free entry into and exit out of the industry (Amacher & Pate, 2013). A perfect competition is characterized by the fact that homogeneous products are being created. With this being the case consumers have no tendency to buy one product over the other, because they are all the same. Perfect competitions are also set up so that there is companies are free to enter and leave a market as they choose. They are allowed to do with without any type of restriction, from either the government or the other companies. This structure is purely theoretical, and represents and extreme end of the market structure. The opposite end of the market structure from perfect competition is monopoly.

    Read More

  • The Effects of Advertising on Profits

    1120 Words  | 3 Pages

    The. An oligopoly is a market structure characterised by few firms and many buyers, homogenous or differentiated products and also difficult market entry (Pass et al. 2000) an example of an oligopoly would be the fast food industry where there is a few firms such as McDonalds, Burger King and KFC that all compete for a greater market share. In a Monopoly, there is one firm that controls the market, and there are no similar products being sold by other companies. Advertising is therefore used to encourage people to buy more of their product. In a monopoly there is a downward sloping demand curve, the reason for this is that a firm must lower the price to sell an extra unit of their product.

    Read More

  • Compare And Contrast The Four Market Structures

    1100 Words  | 3 Pages

    The 4 market structures in relation to the benefits and costs to the consumer and producer

    Read More

  • Petronas As An Oligopolistic Firm

    1058 Words  | 3 Pages

    The type of firm we are going to investigate in this assignment is an oligopolistic firm. The essence of an oligopolistic market is that here are only a few sellers. As a result, the actions of any one seller in the market can have a large impact on the profits of all the other sellers. Oligopolistic firms are interdependent in a way that competitive firms are not. The company we chose to study is Petronas.

    Read More

More about AT & T Wireless-Oligopoly Market Structure

Open Document