Cox Communication (Oligopolistic Report)
Cox Communications (Oligopoly)
Jasmine N. Taylor
Bryant &. Stratton College
ECON 325: Microeconomics
Mr. Donald Waters
November 17, 2009
ABSTRACT The essence of an oligopolistic market is that there are only a few sellers. The actions of any one seller in the market can have a huge impact on the profits of all the other sellers. Oligopoly firms are self independent in such a way that competitive firms are not. Each firm in an oligopoly should consider how its decision might affect the production decisions of all the other firms. (Mankiw, 2009, 2007) This essay will discuss an oligopoly on Cox Communications. Cox communications is a full service provider of telecommunications products, Cox offers an array of services, including Cox cable, advanced digital video programming services under the Cox Digital Cable Brand, high speed internet access under the brand Cox high speed internet, and commercial voice and data services via Cox Business Services. (Cambell, 2009) In addition Cox is an investor in programming networks including Discovery Channel. At Cox communications, diversity is a critical part of our culture, values and business operations. Cox focused on representing, developing and valuing people. Cox is also committed to education. (Davis, 2008) Cox’s background, strengths, weaknesses, opportunities, and threats will be discussed in the following essay. This essay will also talk about Cox’s competitors, goals, commitments and how they expand their business. (Esser, 2009)
Background (Introduction)
Cox communications is characterized by many outstanding features, but likes to celebrate commitment to education. (Davis, 2008) Cox Enterprises, Inc. is the parent company of Cox Communications derives our vision and focus as a company. (Cambell, 2009) In 1898, James M. Cox went from a school teacher to founder of the company. He also ran in the 1920 U.S. presidential election as the Democratic nominee. In the same year James M. Cox was the
Jasmine N. Taylor
Bryant &. Stratton College
ECON 325: Microeconomics
Mr. Donald Waters
November 17, 2009
ABSTRACT The essence of an oligopolistic market is that there are only a few sellers. The actions of any one seller in the market can have a huge impact on the profits of all the other sellers. Oligopoly firms are self independent in such a way that competitive firms are not. Each firm in an oligopoly should consider how its decision might affect the production decisions of all the other firms. (Mankiw, 2009, 2007) This essay will discuss an oligopoly on Cox Communications. Cox communications is a full service provider of telecommunications products, Cox offers an array of services, including Cox cable, advanced digital video programming services under the Cox Digital Cable Brand, high speed internet access under the brand Cox high speed internet, and commercial voice and data services via Cox Business Services. (Cambell, 2009) In addition Cox is an investor in programming networks including Discovery Channel. At Cox communications, diversity is a critical part of our culture, values and business operations. Cox focused on representing, developing and valuing people. Cox is also committed to education. (Davis, 2008) Cox’s background, strengths, weaknesses, opportunities, and threats will be discussed in the following essay. This essay will also talk about Cox’s competitors, goals, commitments and how they expand their business. (Esser, 2009)
Background (Introduction)
Cox communications is characterized by many outstanding features, but likes to celebrate commitment to education. (Davis, 2008) Cox Enterprises, Inc. is the parent company of Cox Communications derives our vision and focus as a company. (Cambell, 2009) In 1898, James M. Cox went from a school teacher to founder of the company. He also ran in the 1920 U.S. presidential election as the Democratic nominee. In the same year James M. Cox was the