is becoming the key distinction among transportation firms‚ FedEx recently announced plans to shrink its 4000 employee IT division by about 200 workers. The move has been considered jarring by some because FedEx traditionally has used layoffs only as a measure of last resort. How could this action affect the company’s organizational culture and employee relations‚ especially in lieu of its corporate philosophy? What steps should FedEx take in order to prevent or minimize possible negative effects
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philosophy governs every FedEx activity. They honor innovation‚ integrity and commitment. They have many formal policies‚ procedures and programs to bring out the best in their staff‚ individually and in teams. FedEx is looking for talented people that share the basic qualities of honesty‚ enthusiasm‚ creativity and respect for co-workers and customers. As FedEx has grown into a global company‚ a culture has developed the fullest potential of employees with FedEx. FedEx has led the industry in
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Management (Gomez-Mejia/Balkin) [PIV] Chapter 3 Managing Social Responsibility and Ethics 1) A code of ethics in an organization A) guarantees employees will act in an ethical manner. B) describes what is legal and illegal. C) eliminates ethical dilemmas. D) can create consensus regarding ethical principles. Answer: D Diff: 2 Page Ref: 94 Objective: LO1 AACSB: Ethical understanding and reasoning abilities 2) About 50% of workers surveyed admitted to engaging in at least one unethical
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service unveiled by FedEx TELECOMWORLDWIRE-17 November 2009-SenseAware information service unveiled by FedEx(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com Transportation‚ e-commerce and business services provider FedEx Corp (NYSE:FDX) announced on Tuesday the introduction of SenseAware powered by FedEx‚ a next generation information service that combines a GPS sensor device and a web-based collaboration platform. According to the company‚ the solution‚ developed by the FedEx innovation team‚ is
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UPS vs. FedEx The best thing in countries that have competitive package carrier business is that if ever you need to send something to someone‚ whether that package is classified or not or fragile or not‚ you’d be guaranteed that it is in safe hands. Not only that‚ no matter what package carrier company you choose you’d be guaranteed of the quality service that it’ll provide. These package carrier companies are kind of obliged to suck up on you so you’d choose them over the other. So the best way
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Executive Summary Background: FedEx and United Parcel Service‚ Inc. are the two largest competitors in the world’s package delivery service industry. UPS‚ founded in 1907‚ was the largest package delivery company in the world. By 2003‚ UPS delivered throughout the United States and to more than 200 other countries‚ transporting over 13 million packages a day. FedEx‚ created in 1971 by Fred Smith‚ grew successful because of its innovative approach to purchase its own planes rather than
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is collected through 2 website: http://finance.yahoo.com/ and http://www.finra.org/ I. ABOUT FEDEX CORPORATION: FedEx Corporation is a holding company. The Company provides a portfolio of transportation‚ e-commerce and business services under the FedEx brand‚ originally known as FDX Corporation‚ is an American global courier delivery services company headquartered in Memphis‚ Tennessee. FedEx Corporation is a Delaware corporation‚ incorporated October 2‚ 1997. FDX Corporation was founded in
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packages per day. This shows that CP is the most profitable and huge potential for growth. Customer analysis – Who needs CP? How large is the market? Is CP an economically viable product? Can FedEx do 6000 CPs a day? If you look at the current market for Special-Handled Packages there is huge potential for FedEx to take market share with CP and reach their goal of 6000 Pieces per day. Two products that are already offered in the market (Airline Over-the-Counter and Skycap and VIP Services) cost more
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FedEx External Environment Audit 1. How is the industry structured? The industry is defined by NAICS as the logistics‚ transportation‚ and related business services. This is a very broad definition because it doesn’t define the main function of the business‚ which is express delivery and shipping that includes a wide range of services for both businesses and consumers. FedEx offers express delivery‚ ground‚ and freight shipping‚ in domestic and international markets. The most important
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excellent communication with their customers. They use tracking devices on all shipments‚ and customers can find out where their shipment is through many different avenues including a user-friendly Web site. Federal Express customers are assured that FedEx will always be on top of technology. Strategic Vision: Federal Express’ will always have competent top managers in charge of strategic direction. Frederick Smith built an industry leader‚ and kept it in that position since 1973. First-Mover Advantage:
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