Essays
FedEx Corporation
Principles of Management Project
Prepared for:
PENY VLAGOS
Prepared by:
MOTASAM TAK NARE
Introduction
The need is the mother of invention ,back in the time ,a long time ago there were spaces to fill and needs to create , CEO Frederick Smith took advantege of these spaces by coming up with FEDEX (transport over night).
Fedex took a big place in the shipping industry in the united states very fast ,by providing fast a good servise,in more than 40 cities,
The company did not stop there ,over the years fedex developed itself
By expanding world wide ,with hight economichal countries that making trade with U.S ,,or local service . the growth in the technology helped fedex a lot to develop their work and make it easier, The company was one of the first to harness the power of the Internet, launching its Web site in 1994 with a bold new package tracking application one of the first true corporate Web services.
Developing in the shipping industry created a high competition ,the high competition was number one obstacle for fedex,so it has to keep up the good work ,what heped fedex is the strategy that the company using, and the support the costumers,s needs,
History (http://www.ehow.com/about_5438942_history-fedex.html ) (http://www.fundinguniverse.com/company-histories/fedex-corporation-history/)
Frederick smith cam up with idea of fedex when he was doing his graduat assinment .he realized how the soicity devolping and the need for service like this for the people that time ,and how the mail delivery companies of the day were inefficiently using the passenger air routes for package delivery.
In 1971 he was ready to do this idea that he cam up with when he was in college ,,so he collected his capital money to start the project,
In 1973 the began to work officially ., delivering packages ,they coverd eight planes and the company covered something like 35
Principles of Management Project
Prepared for:
PENY VLAGOS
Prepared by:
MOTASAM TAK NARE
Introduction
The need is the mother of invention ,back in the time ,a long time ago there were spaces to fill and needs to create , CEO Frederick Smith took advantege of these spaces by coming up with FEDEX (transport over night).
Fedex took a big place in the shipping industry in the united states very fast ,by providing fast a good servise,in more than 40 cities,
The company did not stop there ,over the years fedex developed itself
By expanding world wide ,with hight economichal countries that making trade with U.S ,,or local service . the growth in the technology helped fedex a lot to develop their work and make it easier, The company was one of the first to harness the power of the Internet, launching its Web site in 1994 with a bold new package tracking application one of the first true corporate Web services.
Developing in the shipping industry created a high competition ,the high competition was number one obstacle for fedex,so it has to keep up the good work ,what heped fedex is the strategy that the company using, and the support the costumers,s needs,
History (http://www.ehow.com/about_5438942_history-fedex.html ) (http://www.fundinguniverse.com/company-histories/fedex-corporation-history/)
Frederick smith cam up with idea of fedex when he was doing his graduat assinment .he realized how the soicity devolping and the need for service like this for the people that time ,and how the mail delivery companies of the day were inefficiently using the passenger air routes for package delivery.
In 1971 he was ready to do this idea that he cam up with when he was in college ,,so he collected his capital money to start the project,
In 1973 the began to work officially ., delivering packages ,they coverd eight planes and the company covered something like 35