The pursuit of excellence 1) Socrates did not write "Apology". Socrates did not actually write anything‚ It was his friend Plato that wrote and documented Socrates’s speeches and dialogs. The "Apology" supposes to be an accurate account by Plato of Socrates’s trial before the Athenian jury in 399BCE. The trial began with the prosecutors presenting their case against Socrates before the Athenian jury. In this trial Meletus‚ the prosecutor‚ argued that Socrates was guilty of corrupting the youth
Premium Epic of Gilgamesh Personal life
1. Accounting Treatments Capital Lease -Lessee Initially‚ the lessee recognizes the asset under his property‚ plant and equipment. The amount that should be debited is the Lower of asset’s fair value and present value of minimum lease payments. The present value is determined by discounting minimum lease payments using interest rates implicit in the lease. Also‚ initial direct cost that the lessee incurs in relation to the lease is added to the cost of recognized asset. On the credit side of
Premium Lease Balance sheet Finance lease
WHAT IS FedEx? FedEx Corporation (FedEx)‚ incorporated on October 2‚ 1997‚ provides a portfolio of transportation‚ e-commerce and business services through companies that compete collectively‚ operate independently and manage collaboratively‚ under the respected FedEx brand. To understand the corporate level strategy of FedEx it is necessary to first know what industries they currently compete in‚ as well as where they stand within those industries. Currently FedEx is made up of six independent
Premium
What this case is about FedEx vs. UPS China & US agreement for the establishment of air-cargo hubs in China and landing rights for commercial airlines at any available airport China is battleground for the two package delivery giants Assumption: success in China was widely seen as the litmus test for corporate survival in the new millennium No guarantee for how new cargo routes would be allocated between UPS and Fed Ex Which company was better positioned to attract the capital necessary to win
Premium Logistics Supply chain management Express mail
FedEx Equals Quality FedEx was incorporated in June 1971 and officially began operations on April 17‚ 1973. Conceived by Chairmen and Chief Executive Officer Fredrick W. Smith‚ a man that would soon expand the small 14 aircraft fleet he started with into a $29 billion network of companies with 652 aircraft‚ 69‚000 vans and trucks‚ and over 250‚000 employees. FedEx did not become the largest shipping company by chance‚ they did it by focusing on their customers needs and making quality in their
Premium Quality management Quality assurance Quality management system
on-line submission it is only necessary to type your name in this space) MODULE TITLE: Leadership & Excellence MODULE CODE: UKFM-LE 13MB02 MODULE DATE: 10 - 21 February 2014 NAME: Aishvarya Pandit TEAM: B4 THE UNIVERSITY OF WARWICK WMG MSc PROGRAMMES POST MODULE ASSIGNMENT LEADERSHIP & EXCELLENCE Using appropriate material from the literature‚ in no more than 3000 words answer the following question: Explain
Premium Leadership
FedEx Corporation Federal Express was founded in 1971. In 1973‚ FedEx started operations officially and its hub-spoke distribution pattern enabled it to offer cheaper and faster service than its competitors. By 1981‚ UPS began to enter into the overnight air market and the United States Postal Service (USPS) cut its overnight letter at half the price of FedEx’s. Despite facing such extreme competition in the industry‚ FedEx could still excel due to change in the business environment. The success
Premium Stock market United Parcel Service Investment
THE BATTLE FOR VALUE‚ 2004: FEDEX CORP. VS. UNITED PARCEL SERVICE‚ INC. Executive Summary: As the U.S. package delivery business segment matured‚ International segment became the battle ground for the two package delivery giants – FedEx and UPS. FedEx is considered to be the innovative‚ entrepreneurial‚ inventor of customer logistical management‚ and an operational leader. UPS‚ on the other hand‚ is considered to be big‚ bureaucratic‚ and industry follower‚ although UPS is shedding
Premium Financial ratios Financial ratio
QUESTIONS 1. If you had to identify one of those companies as excellent‚ which company would you choose? On what basis did you make your decision? More generally‚ what is excellence in business? 2. Prepare to describe in class the competition in the overnight package delivery industry‚ and the strategies by which those two firms are meeting the competition. What are the enabling and inhibiting factors facing the two firms as they pursue their goals? Do you think that
Premium United Parcel Service Transport Stock market
sheet‚ and cash flow of FedEx. Step 1: determine the type of forecasting model to be used. Because FedEx is not a new borne company. The company has very long history‚ and the data of financial statement is relatively stable. So we will use the historical data to forecasting the financial statement. Step 2: Determine the forecast horizon. For the express industry‚ FedEx is always located in the top of total industry‚ but in recent years‚ the increasing rate of FedEx has some level of reduce
Premium Income statement Generally Accepted Accounting Principles Revenue