Nobody downloaded yet

The Success of FedEx - Research Paper Example

Comments (0) Cite this document
Summary
This study declares that the success of FedEx as a company lies on its strategic management, which starts with focusing well on its customers - knowing what them well in order to come up with customizable products to fit their needs, investing in state-of-the-art technology for its database and facilities…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
The Success of FedEx
Read TextPreview

Extract of sample "The Success of FedEx"

Download file to see previous pages As we can see from the above discussion, all the other functions of business have to support the strategy of the company in order for it to succeed. By focusing on the consumers—which has been the function of marketing, it is able to come up with products, through research and development, which serve well their customers’ needs. In order to support their positioning that is formulated with its marketing strategy, it invests in state-of-the-art technology for its facilities—database and infrastructure, in order to ensure that it will perform to consumers what it has promised through its brand. These technologies and expansion of facilities are therefore supported by finance, by coming up with ways to raise capital. This way, the strategy the company has is supported by strategies of the various functions of its business.
FedEx’s success as a company is attributable to the synergy of its systems all working to support its objective as a company. In order to deliver results to its shareholders, it has to utilize strategic management where it has to identify its objectives in line with its mission and vision, then come up with a strategy to achieve it. Along with its strategy, its various functions such as marketing, finance, research and development, operations, as well as human resources all act out their parts in order to support the strategy.
The synergy of the various functions of FedEx’s business enables it to plan well and achieve what it wants in line with its mission and vision. However, for the past year, the company, due to unforeseen factors that have affected the operations fumbles a bit in its performance. This means that better strategic planning techniques should be utilized in order to lessen the impacts of such uncertainties that certainly can affect the business. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Success of FedEx Research Paper Example | Topics and Well Written Essays - 4250 words”, n.d.)
The Success of FedEx Research Paper Example | Topics and Well Written Essays - 4250 words. Retrieved from https://studentshare.org/business/1715903-business-administration-analysis
(The Success of FedEx Research Paper Example | Topics and Well Written Essays - 4250 Words)
The Success of FedEx Research Paper Example | Topics and Well Written Essays - 4250 Words. https://studentshare.org/business/1715903-business-administration-analysis.
“The Success of FedEx Research Paper Example | Topics and Well Written Essays - 4250 Words”, n.d. https://studentshare.org/business/1715903-business-administration-analysis.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Success of FedEx

FedEx The Success Story

...FedEx - The Success Story FedEx is one of the world's leading companies in the field of transportation, delivery, information and supply chain services. Its operations are global offering a variety of solutions to customers worldwide. The company rose to become a leading and trusted brand by developing leadership practices that drew on employee commitment, loyalty, discretionary effort, creativity and expertise. This has enabled the company to thrive and prosper in the global environment and stay ahead of the competition. The key to FedEx's rapid growth has been due to the company's open and helpful work environment that encourages employee participation in the innovative...
10 Pages(2500 words)Essay

FedEx

...Decision to Act 5 2.3 Problem Diagnosis 5 2.3.1 Lewin's Force Field Model 6 2.4 Search for a Solution 10 2.5 Application of Solution 10 2.5.1 Strategy Implementation 10 2.5.2 Assessment of Resistance 11 2.5.2.1 Psychological Theories of Change 12 2.5.2.2 Sociological Theories of Change 12 2.5.2.3 Cultural Theories of Change 13 2.5.2.4 Overcoming the Resistance to Change 13 2.6 Change Agents 14 2.7 Evaluation of Change 15 2.8 Sustaining and Maintaining the Change 16 2.9 Conclusion 17 1. Executive Summary As a global company, FedEx had earned its strong reputation of providing a portfolio of transportation, e-commerce and business services through companies operating independently, competing collectively and managed...
10 Pages(2500 words)Essay

FedEx

...FedEx Describe challenges presented to management due to managing existing technology? Existing technology is always on the move as far as FedEx is concerned. The reason for the same is that there are advancements being made in the relevant fields of service delivery and courier industry in general. Then the growing use of technology and its attachments means that more and more emphasis is being laid on the fact that service and value for the end consumers is pertinent, since these are the people for whom FedEx is in business and its operations are heavily dependent upon customer satisfaction, retention and loyalty towards the organization, which at the end of the day is the leading brand...
2 Pages(500 words)Essay

FedEX company

..., incentives and benefits Additionally, the Company also plans to improve its reputation as an environmentally friendly organization, by reducing carbon dioxide emissions by 20 percent by the year 2020. (www.thaipr.net). The central focus of the Company’s plans and goals revolves around its people, i.e., “people are the wind beneath our wings.”(Frock, 2006:201). In the achievement of its goals, FEDEX has capitalized the vision of its founder, Smith who believed the success of the Company lay in IT(Lappin, 1996) and has implemented IT systems that are geared towards strengthening its e-commerce operations. The realization that information systems could play a vital role in ensuring the...
2 Pages(500 words)Essay

Fedex

..., which they call PSP. PSP stands for People-Service-Profit. FedEx believes that if they take care of their employees, the employees will be providing excellent service to customers and be fully devoted to their company in return. The customers, in their turn, will be providing the company with profitability (FedEx-careers.com). So, the company treats people as their greatest asset that will deliver customer satisfaction, which is the key to organization’s success, development and profitability. The company’s founder, Frederick W. Smith, believes that corporate philosophy is one of the most important factors that have led FedEx to success. The...
3 Pages(750 words)Research Paper

FedEx

...Fedex – Current long-term Objectives Fedex Corporation, formerly known as FDX Corporation, is a logistics company that is heavily involved in making courier deliveries around the globe. The company came into being in the year 1998 after acquiring Caliber System Inc. Since then, the company has operated with great prowess and competence leading to a revolution within the courier service industry. Fedex is a global network of company that shares a wealthy tradition of innovation and great guidance within the logistics industry. The firm’s long term objectives are to operate globally and gain ground in the world market place. This means that the company hopes to gather the greatest amount...
2 Pages(500 words)Assignment

FedEx Corporation

...FedEx Corporation Introduction FedEx Corporation (hereafter referred to as FedEx) is one of the largest global courier delivery services companies in the world. It provides a broad portfolio of transportation, e-commerce and business services to its clients (Business Wire, 2012). FedEx was founded by Frederick W. Smith (hereafter referred to as Fred Smith) with the vision of providing a quick pickup and delivery service in the United States. A Successful Company FedEx has grown by leaps and bounds since inception. The success of the company can be gauged from the fact that it serves more than 220 countries and...
14 Pages(3500 words)Essay

Fedex

...FedEx Market FedEx provides a wide range of services that targets different market segments. Their shipping services cuts across the strata; they consider both an item and bulk goods. They provide shipping services both within the United States and globally. Being a local and international courier company, FedEx target market include individual transporters, small businesses, governments, multinational companies and any other groups or individuals that would like to send something across the world. FedEx has grown such that it can deliver goods to most of the countries in the world. FedEx has market competitors who provide similar services. These...
1 Pages(250 words)Essay

FedEx Technology

...FedEx Case Study Logistical problems presented in FedEx case study FedEx case study presents a number of logistical problems including tracking goods problem caused by the airline’s reliance on disjointed data, delays in the assortment of goods and packaging, increased operating costs, overworked fast-cycle logistic system as well as a centralized structure for the airline. Tracking goods in is one of the major issues affecting the success of cargo airline because it determines the timely delivery of goods to perspective clients. Notably, FedEx lacks proper tracking of goods that arrive from various destinations; hence, affecting some of the goods that...
3 Pages(750 words)Assignment

FEDEX (1)

...Fedex Corporation in United Arab Emirates Fedex Corporation in United Arab Emirates Company Brief History The corporation was incorporated in 1997 in Delaware. It is a corporation that mainly import and export goods and services globally. Further, it was later founded in 1998 after the acquisition of the Caliber System Inc (FedEx, 2013). It started offering other services despite shipping services (Howie, 2014). The corporation oversees numerous operations all over the world. Most of its acquisitions are meant to expand the corporation to offer more and expansive services to its clients globally. It continues to acquire more private properties and companies to date in different countries globally to establish it there. Due... to this...
18 Pages(4500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic The Success of FedEx for FREE!

Contact Us