...Differentiating Between Market Structures ECO/365 September 29, 2015 Differentiating Between Market Structures Verizon Wireless is owned by Verizon Communications Inc. and provides telecommunications services to households and businesses in the United States and voice/data services to more than 200 destinations globally. Verizon Wireless is a leader in the industry, Americas first nationwide 3G wireless broadband network, and the nations largest most reliable 4G LTE network (Verizonwireless.com, 2015). Market Structure of Verizon Wireless Verizon Wireless competes in an oligopoly market structure. The oligopoly market consists of few firms, significant barriers to entry, strategic pricing between monopoly and perfect competition, restricted output and the possibility of long-run economic profit (Colander, 2013). The telecommunication service industry consists of a small number of sellers and has high barriers for new entrants. The four leaders of the industry are Verizon, AT&T, Sprint and T-Mobile, combined these firms dominate the market. One of the most important factors that make up the market structure are the barriers that exist. The barriers in the wireless cellular service market exist primarily due to the high costs associated with the infrastructure required to provide reliable wireless service. Another barrier is the limited amount of spectrum (an essential input required to produce cell phone and...
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...designed network is based around components or wiring units. The components should also follow certain performance specifications so that when installing we will know exactly what types of applications will be supported. The cable specifications and building codes requirements that we use will be based on * ANSI/EIA/TIA standards 568-C-- Commercial Building Telecommunications Cabling Standard * ANSI/EIA/TIA 569-- Commercial Building Standards for Telecommunications Pathways and Spaces; ANSI/EIA/TIA 606- Administration Standard for the Telecommunications Infrastructure of Commercial Buildings * ANSI/EIA/TIA 607-Commercial Building Grounding and Bonding Requirements for Telecommunications; BICSI Telecommunications Distribution Methods Manual (TDMM) and NFPA 70--National Electric Code (NEC). Cabling has changed over time. Cabling installations have evolved from proprietary systems to flexible, open solutions that can be used by many. (Vendors and applications) A number of documents are related to data cabling. In the United States, the standard is ANSI/TIA-568-C, also known as the Commercial Building Telecommunications Cabling Standard. The ANSI/TIA-568-C standard is a specification adopted by ANSI (American National Standards Institute). If the new building is in...
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... This course provides a foundation in the basic telecommunications and networking technologies fundamental to the industry and to the broad field of telecommunications. Analog, digital, and radio frequency technologies are covered. Also covered in this course is an introduction to the OSI protocol model, network-switching systems, basics of wireless communications, and network security. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: · University policies: You must be logged into the student website to view this document. · Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Goleniewski, L. (2007). Telecommunications essentials. (2nd ed.) Boston, MA: Pearson. Panko, R. R., & Panko, J. L. (2011). Business data networks and telecommunication (8th ed.) Upper Saddle River, NJ: Prentice Hall All electronic materials are available on the student website. Software TestOut LabSim® Network+ Week One: Evolution of the Telecommunications Industry Details Due Points Objectives 1.1 Describe...
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... |Fundamentals of Networking | Copyright © 2013 by University of Phoenix. All rights reserved. Course Description This course provides a foundation in the basic telecommunications and networking technologies fundamental to the industry and to the broad field of telecommunications. Analog, digital, and radio frequency technologies are covered. Also covered in this course is an introduction to the OSI protocol model, network-switching systems, basics of wireless communications, and network security. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Goleniewski, L. (2007). Telecommunications essentials. (2nd ed.) Boston, MA: Pearson. Panko, R. R., & Panko, J. L. (2011). Business data networks and...
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...designed network is based around components or wiring units. The components should also follow certain performance specifications so that when installing we will know exactly what types of applications will be supported. The cable specifications and building codes requirements that we use will be based on * ANSI/EIA/TIA standards 568-C-- Commercial Building Telecommunications Cabling Standard * ANSI/EIA/TIA 569-- Commercial Building Standards for Telecommunications Pathways and Spaces; ANSI/EIA/TIA 606- Administration Standard for the Telecommunications Infrastructure of Commercial Buildings * ANSI/EIA/TIA 607-Commercial Building Grounding and Bonding Requirements for Telecommunications; BICSI Telecommunications Distribution Methods Manual (TDMM) and NFPA 70--National Electric Code (NEC). Cabling has changed over time. Cabling installations have evolved from proprietary systems to flexible, open solutions that can be used by many. (Vendors and applications) A number of documents are related to data cabling. In the United States, the standard is ANSI/TIA-568-C, also known as the Commercial Building Telecommunications Cabling Standard. The ANSI/TIA-568-C standard is a specification adopted by ANSI (American National Standards Institute). If the new building is in...
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...find the film they need for that camera anywhere around the globe. ANSI accredits standards that are developed by representatives of standards developing organizations, government agencies, consumer groups, companies, and others. These standards ensure that the characteristics and performance of products are consistent, that people use the same definitions and terms, and that products are tested the same way. ANSI also accredits organizations that carry out product or personnel certification in accordance with requirements defined in international standards. 2. The Institute of Electrical and Electronics Engineers (IEEE, read I-Triple-E) is a non-profit professional association headquartered in New York City that is dedicated to advancing technological innovation and excellence. It has more than 400,000 members in more than 160 countries, about 51.4% of whom reside in the United States. IEEE is one of the leading standards-making organizations in the world. IEEE performs its standards making and maintaining functions through the IEEE Standards Association (IEEE-SA). IEEE standards affect a wide range of industries including: power and energy, biomedical and healthcare, Information Technology (IT), telecommunications, transportation, nanotechnology, information assurance, and many more. In 2005, IEEE had close to 900 active standards, with 500 standards under development. One of the more notable IEEE standards is the...
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...SUMMARY OF REPORT I. Introduction to Four Market Structure II. Comparative Characteristics of Four Market Structures III. Four Market Structures a. Pure Competition i. Characteristics ii. Demand Curve iii. Examples iv. Summary b. Pure Monopoly v. Characteristics vi. Demand Curve vii. Examples viii. Summary c. Oligopoly ix. Characteristics x. Demand Curve xi. Examples xii. Summary d. Monopolistic Competition xiii. Characteristics xiv. Demand Curve xv. Examples xvi. Summary FOUR MARKET STRUCTURES Market structure is the selling environment in which a firm produces and sells its product The preceding chapter on the theory of production and cost made us understand the behavior of producer towards an efficient use of productive inputs because the use of inputs is associated with economic cost be it explicit or implicit cost. Efficient use of resources means proper identification of the use of the land, labor, capital and entrepreneur. These should not be underused as in 1st stage production or overused as in the 3rd stage of production, so that the cost associated to the production level can be minimized. This chapter examines a broad range of markets and explains how the pricing and output decisions of firms depend on market structure and the behavior of competitors. To determine...
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...requirements for the following materials: patch cables, cat 6 cables, fiber optic multi-mode, cable trays, Cisco- WS-C3750 G24PS-S 24 Ports, laser printer, vertical runs, computers, Cisco border router, server run a and server run b. The following codes must be in play to ensure the building or work space is safe for everyone. 1. American National Standards Institute (ANSI). 2. Electronic Industries Alliance (EIA) 3. Telecommunications Industry Association (TIA) 4. Insulated Cable Engineers Association (ICEA) 5. National Fire Protection Association (NFPA) 6. National Electrical Manufacturers Association (NEMA) 7. Federal Communication Commission (FCC) 8. Underwriters Laboratories (UL) 9. International Organization for Standardization (ISO) 10. International Electrotechnical Commission (IEC) 11. Institute of Electrical and Electronic Engineers (IEEE) 12. National Institute of Standards and Technology (NIST) 13. International Telecommunications Union (ITU) 14. CSA International (CSA) 15. IP/MPLS Forum (ATM Forum) 16. European Telecommunications Standards Institute (ETSI) 17. Building Industry Consulting Services International (BICSI) 18. Occupational Safety and Health Administration (OSHA) 19. ANSI/TIA-568-C Cabling Standard The following is a description of each of the codes that are needed: The mission of ANSI is to enhance both global competitiveness of U.S. business and the U.S. Quality of life by promoting and facilitating voluntary consensus standards and conformity...
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...Structure of the telecommunication industry Telecommunications involves an exchange of information, over a long distance, by means of electronic methods. (Rouse, 2007) In South Africa, there are three distinct forms of telecommunications, namely fixed landlines, mobile networks and broadband communication. This network industry, known as telecommunications, is an industry in which high initial fixed costs and exhibiting increasing returns to scale are presented. (Theron & Boshoff, 2006; p.2). In this industry, as network effects are realized, the average cost may decline over a long period. The high initial capital costs will be recovered over a period of time. (Theron & Boshoff, 2006; p.2) In this essay, these three forms of telecommunications will be discussed in depth, in accordance to their market structures, their nature of competition, their pricing and lastly their strategic decision making. The first part of the telecommunication industry is fixed landlines. The fixed landline in South Africa is Telkom. Telkom is seen as a pure monopolist business, because their market structure only exists of a single seller, which means the market for their goods and services is dominated by themselves. The demand for their goods and services in the entire markets is the demand for the firms individual output. In this case, Telkom is the firm supplying fixed landline services to all the consumers of South Africa. Telkom has no competitors or close substitutes, and is seen as the...
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...case study analyses and discusses the internationalization process of Huawei, a leading telecommunication equipment manufacturer in China. Our research aims to explore the special features of the internationalization of Chinese hi-tech firms through a case study and to identify the factors that affect Chinese hi-tech firms’ international entry mode decision. In this paper, several foreign market entry modes were discussed. Issues of why and how to take into account the factors of industrial characteristics, environmental factors, firm factors, and moderators for internationalization and how to employ different entry modes in different host markets are discussed and illustrated based on this case study. It is found that industrial characteristics and home country’s technological reputation affect to a great extent the internationalization path of the hi-tech firm studied. The research also shows that in terms of hi-tech enterprises’ internationalization, the factors such as international experience and firm size are not as important to traditional manufacturers as to hi-tech enterprises. Field of Research: Management 1. Introduction After two decades’ development, many Chinese technology enterprises stride their first step in internationalization. Among them, the Huawei Technologies P/L is a typical representative. Huawei is a private hi-technology company. It is a leading telecommunication equipment manufacturer in China. In 2005, the contract sales of Huawei are USD8.2 billion...
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...CASE 4-1 TALK TO ME INC.: Expansion in Russian Telecommunications Market GLOBAL OPERATIONS AND LOGISTICS•TEXT AND CASES Philippe-Pierre Dornier, Ricardo Ernst, Michel Fender, Panos Kouvelis PROFESSOR: PAPADOPOULOS T. CHRISSOLEON COURSE: CASE STUDIES – SPECIAL TOPICS IN SERVICE SECTOR 2014 DERVENI VASILEIA (100) 1/5/2014 CONTENTS: INTRODUCTION 3 THE PROPOSAL 3 TALK TO ME INC. 3 THE RUSSIAN ENVIRONMENT 4 DOUBTS ABOUT THE PROPOSAL 5 DECISION ANALYSIS 5 What really happened 6 REFERENCES: 6 INTRODUCTION The present case study refers to Talk to Me Inc., a company specialized in telecommunications that examined back in 1995 whether or not to expand in the Russian market. The company’s background and action so far, as well as the environment of Russia played a catalytic role in making the decision of expanding in the soviet country. THE PROPOSAL The case begins with the proposal of the Russian Ministry of Communications to Talk to me Inc., known as the 50/50 project. The purpose of this project is to develop an entirely new telecommunications network in Russia and got its name from its goals. In particular, the 50/50 project’s aims were to connect 50 Russian cities, to establish 50 long-distance transit switches and 50 thousand kilometers of digital lines. The 50% of equipment required for the project would be manufactured in Russia and the 50% of the funding...
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...branding or quality) and hence are not perfect substitutes. In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms. In the presence of coercive government, monopolistic competition will fall into government-granted monopoly. Unlike perfect competition, the firm maintains spare capacity. Models of monopolistic competition are often used to model industries. Textbook examples of industries with market structures similar to monopolistic competition include restaurants, cereal, clothing, shoes, and service industries in large cities. Monopolistically competitive markets have the following characteristics: * There are many producers and many consumers in the market, and no business has total control over the market price. * Consumers perceive that there are non-price differences among the competitors' products. * There are few barriers to entry and exit. * Producers have a degree of control over price. The long-run characteristics of a monopolistically competitive market are almost the same as a perfectly competitive market. Two differences between the two are that monopolistic competition produces heterogeneous products and that monopolistic competition involves a great deal of non-price competition, which is based on subtle product differentiation. A firm making profits in the short run will nonetheless only break even in the long run because demand will decrease and...
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... Founded in 1985, ZTE is listed on the Hong Kong and Shenzhen and is China’s largest listed telecommunications equipment company. (ZTE Corporation, n.d.) ZTE aims to be a global communications leader, which provides the clients worldwide with satisfying and customized products and services. The company has established 18 state-of-the-art R&D centers in the China, France, India and employs over 30,000 research professionals. With 107 subsidiaries devoted to innovation globally, ZTE was the world’s biggest originator of technology patents in each of the past two years, according to data from the World Intellectual Property Organization. It is the world’s fourth-largest mobile phone manufacture measured by 2012 unit sales and the world’s fifth-largest telecoms equipment marker measured by 2012 revenues (after Ericsson, Huawei, Samsung, and Nokia Siemens Networks). (2012 Annual Report from ZTE Corporation, n.d.) Ⅱ Globalization of ZTE Globalization is the process of reducing the costs of transactions, tariffs and non-tariff barriers, transportation and time. Before globalization, the firm and its rivals had the same outlook, cultural background, labor force, comparable skills and technology. The company and its competitors fought for the same customers. (Spulber, 2007) From 1995, ZTE started the long and difficult international journey and earned a place in telecommunication industry. 1. Globalization of production Though internationalization, ZTE makes full use of low cost...
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...[pic] WorldCom Case Study FINC 621, Summer 2015 by Hailun Cao Mohammed Altuwaijri Papamagatte Diagne Qian Dou David Ballantine Yanchao Wu Strategic Analysis – Hailun Cao Bernie Ebbers, the chief executive officer, focused on acquisition business strategy. Major Acquisitions includes Advanced Telecommunications Corporation, IDB Communications group, Metromedia Communications Corporation and Resurgens, and Williams Telecommunications group (WilTel). All these firms perform different characteristics in the telecommunications industry. WorldCom faced some issues and WorldCom tried to manage these issues through the expansion business strategy. From the view of risk control, WorldCom met and solved challenges in the following aspects. Firstly, because of the increasing competition, increasing commoditization and low switching costs of long distance service, the long distance calls dropped obviously and long distance firms faced huge pressures under this circumstance. Therefore, WorldCom made acquisition of MCI in 1997. WorldCom made this decision through three main reasons. At first, since WorldCom was the No. 4 long distance provider and MCI was the No.2 long distance provider, the combination of the two firms could occupy 25% share in the U.S. long distance market. This situation consolidated WorldCom’s competiveness in such a depressing environment and decreased the risk in the long distance service market. In addition...
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...IMPACT ON TELECOMMUNICATIONS Apple iOS impact on Telecommunications NETW505 Project Plan Devry University Professor Shamin Bevil July 17, 2014 I chose to do my research paper on Apple iOS impact on telecommunications because it is one of the few companies that use its own software with its hardware. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. According to Yahoo Finance, Apple has 80,300 full-time employees. The company designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players all over the world. It also sells software, services, peripherals, networking solutions, and third-party digital content and applications related to its products. Some of its products are the iPhone, which is a smartphone that has a phone, music player, and Internet device; iPad, which consist of multi-purpose tablets that use Apple’s iOS Multi-Touch operating system; Mac, which consist of desktop and portable personal computers; and iPod, a line of portable digital music and media players; iCloud; and various applications and accessories. I intend to seek information for my research paper in Devry library database, the Internet, and by talking to others with Apple products. The research will focus on the requirements mandated by the course project, such as the overview and current status, characteristics, strategies...
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