Wednesday, November 27, 2019
Fedex Essay Example
Fedex Essay Example Fedex Essay Fedex Essay In 1988, Fed purchased Tiger International, the worlds largest heavy-cargo airline. The purchase price was about $880 million. The action brought both advantages and disadvantages. For the advantage aspect, it catapulted Fed to the forefront of the international cargo market, giving it landing rights in 21 additional countries, nearly three times the size of its newly competitor. Furthermore, it also creates an opportunity for Fed to satisfy the requirement of JET system. For the disadvantage aspect, it brought $2 billion long-term debt and different corporate culture will affect Feeders performance in its business. 2. Aim: The aim of this report is to analyze the case study on Tiger International acquisition by Federal Express and recommend an action plan to solve the merger problems. 3. Analysis the case 3. 1 Major issues: According to the information shown in the case, there are several key problems related to the Federal Express. These issues include environment issues, competitive issues, technology issues and association issues. For the environment issues, firstly, the air facilities present a serious problem to the industry. Lack of airport facilities, ace-up plans, and landing places will be seriously Jeopardize the guarantee of delivery by Fed and this kind of problem had been affect the operations in South American. Secondly, it is a formidable challenge to acquire government-controlled access to crowded international hubs. These are long term environment problems, and all air-cargo companies will meet this problem not Just Fed. Thirdly, under the global environment, with the development of globalization and economies grow more interdependent, how to satisfy customers new demand is also a big problem. : Just-in- mime system becomes more and more popular and this system relies on having the right part at the right place at the right time and it also means large amount of number and fast delivery. So, how to play a reliable role, improve work efficiency, and supply ten name logistical expertise to suppose Jell T art I ramekin wall De a current problem need to be considered. For the competitive issues, how to face to the price wars is the main problem in this factor, especially since UPS entered into the overnight-package market in 1982. This action started a series of price wars and made Feeders average revenue per package declined by 30. Between 1983 and 1988. So, how to face to new competitors, how to make competitive advantage to keep the revenue are very important for Feeders manager to consider. Besides, intra- industry competition and rivalry threaten to the development of the air-cargo industry. For the intra-industry competition, due to overcapacity of the airline companies, t hey also want to reenter the air-cargo market in order to balance their revenue. These new firms increase the competitive in the market and lead current players to consolidate their operations in hope of achieving increased economies of call. Furthermore, continued overcapacity, low switching costs, and high exit barriers will continue to make the air-cargo industry extremely competitive. So, how to reduce overcapacity, keep cost, and decrease exit barriers risk are also important factors for company to survive in this high competitive market. For technology issues, base on the development of the technology, Zamia was quickly made obsolete by fax machines and this made Fed lost $350 million and had to drop its business in this area. So, how to let business to fit the development of technology is also very important. Finally, how to integrate Fed and Tigers business and corporate culture will relate to the whole companys development for the future. Firstly, this kind of huge merger action brought $2 billion debt. It will make shareholders hesitate about whether they can receive their profit in the future. Secondly, capital intensiveness of the heavy-cargo business made the company more vulnerable to economic swings. Base on the economic crises which happened in Asia in 1997 and in the U. S. These years, heavy-cargo business will be easy to be affected and this will affect Fed for a long-term development. Thirdly, Fed still was a newcomer to the heavy-cargo market and will meet many competitors. High pressure from competitors, price wars and other factors will make Fed hard to extend their business in this area. Otherwise, how to integrate corporate culture is also a problem. One of the competitive advantage for Fed is it never employed organized labor. This made Fed having a high performance. However, after merge with Tiger International, Fed had to merge the unionized workforce with its own union-free environment. This union background of Tiger workers will dilute the corporate ultra at Fed. How to keep balance between unionized and non-unionized workforce to keep competitive advantage and high performance will be a big issue to be considered. 3. 2 Feeders Competitive Advantage: According to this case, Federal Express, as one of Americas great success company, keeps several competitive advantages under todays globalization and high competitive environment. It includes: 1. High efficiency and safety delivery service Fed offers a I-hour on-call pickup service, customers Just need to make a call but do not need to send their packages to pickup center by themselves. This can help to save a lot of time and can been seen as a good customer service. During the delivery, Fed approvals COSMOS dataset International system Ana guarantees It can locate any package in it possession within 30 minutes. This can be seen to keep the safety for customers packages. For the delivery, Fed keeps its promises for nationwide overnight delivery service and always have a high efficiency and safety performance. This type of customer service helps it to ensure continued growth. 2. Global expansion Fed began global expansion in 1984; it established a European headquarters in Brussels, Far East headquarters in Honolulu and its business has been covered over South and North America, Europe, Asia, and other 21 countries. This strategy lets Fed build their brand very early and easy to do its business around the world. 3. Advanced system Fed developed Powerless system to attract customer and, thus, enables it to satisfy the firms needs. This system can track shipments, provides pricing information, and prints invoice. Such a device helps Fed and its customers to reduce paper work and improve work efficiency. It also helps Fed to attract high- volume customers. . Special corporate culture A labor union will always negotiates with company for workers salary and working time. However, Fed does not need to worry about these pressures from union because it never employed organized labor. This makes Fed to have an admirable human resource record and high performance. Furthermore, this builds a great advantage to its major competitor, UPS. 3. 2. 5 Acquisition of Tiger International Acquisition of Tiger International made Fed to stand at the forefront of the international cargo market. This successful action brought several advantages to the many. Firstly, it had landing rights in 21 additional countries. This gave Fed more opportunities to extend its national business. Secondly, this action not only let Fed became owner of the worlds largest full-service, all-cargo airline, but also let it had nearly three times the size of its nearest competitor. Thirdly, base on Tiger International has more than 40 years of air-cargo experience; this merge gave Fed a strong entry position into heavy cargo business and has enough experience for future development. Furthermore, Tigers addition created a best opportunity for Fed to cooperate with international manufactures. Their new heavy shipments capability can satisfy the requirement of JET system. So we can see this merge brought an unprecedented advantage and opportunity for Fed. 4. 0 Address the questions 4. 1 Describe the growth strategy of Federal Express. How has this strategy differed from those of its competitors? Growth strategy can be seen as a strategy to manage companys human resource, technology and financial capital in order to let its assets to achieve value-added in the future. Knolled, 1991) For Fed, there are two ways to candle tens aim, TLS Is to Increase ten inclemency AT ten assets (provoke more Ana better services), second is to increase the impact and capability of company. For the first way, Fed began its global expansion in 1984. In order to perfect its delivery service, it purchased other companies and setup branch company around the world. He also lobby the Governm ent to have privileges for some airlines, in this way, they can keep competitive advantages to its competitors. Furthermore, Fed also built COSMOS data base and Powerless to improve its customer service and attract more customers. For the second way, through purchasing Tiger International, Fed can resolve the problems on its decreasing international business and international bottlenecks. This merge not only brings Fed into the business of delivering heavy cargo but also creates a good opportunity for it to cooperate with international manufacture. So we can see, the growth strategy of Fed is very clear, In order to expend its international business, increase revenue, Fed provides more delivery lines, better customer service and through merge action to increase its impact and capability around the world. 2. What risks are involved in the acquisition of Tiger International? There are several risks that involved in this merge. Firstly, it made more than doubled Feeders long- term debt, to approximately $2 billion. In 1988, it had revenues of $3. 9 billion and a net income of $188 million. A $2 billion debt brought a big pressure to Fed. Secondly, Fed was a newcomer to the heavy cargo market and did not have enough experience. Much of the cargo was not sent overnight, which represented a significant departure from Feeders traditional market niche. Otherwise, the pressure from its competitors could not be ignored. Finally, the involvement of labor union would be a risk for Fed to keep its high performance and corporate culture. 3. What problems could be anticipated in accomplishing this acquisition? There are several problems could be anticipated in this merge. Firstly, as we know, the management of airline for many governments in Asia is very strict. How to let Feeders business enter Asian market is a problem. Secondly, after this merge, how to reduce the pressure from labor union and keep its high performance is still a problem. Thirdly, how to reduce long-term debt and increase its net income should be noninsured. . Suggest a plan of action for potential problems. For the problem of how to enter Asian market, Fed can try to cooperate with some companies which is powerful in Asian market, the company should have the right on the usage of airline in Asia and also do business in logistics area. For example, Sinatra(a big logistics company in China) would be a good selection. For the debt probl em, Fed can try to cooperate with prime Flying Tigers customers; they are also the major competitors now, to reduce high competitive pressure in this market. Fed is a new comer and does not have enough market shares to cover its long-term debt, reduce numbers of competitors and pressure, increase market share and revenue are the most important things for the manager to consider. Furthermore, shifting away from document service and focus on the higher-margin box business will be a good sconce. Hymnal, Tort ten employee problem, Fed promises to Tina position Tort all employees, so how to integrate union and non-union workforce is the biggest problem. Manager can build a plan for human resource management such as range some training programs in order to improve employees working skill. It can give them confidence and also can help to improve work efficiency. Otherwise, encourage from manager also can reduce the gap between employee and employer. In this way, it can help to reduce the pressure from labor union and still can keep a high performance on their work. 5. 0 Conclusion: In conclusion, if Federal Express wants to keep its leader position in global market, how to improve customer service to attract more customers, reduce pressures from its competitors and labor unions, and how to resolve a series of problems which effect it merger action are all very important and need to be considered by the manager. By following the proper strategies, the company can once again minimize job losses, maintain a skilled and cheap workforce but most importantly, receive a profit in the first quarter of operations leading to a successful acquisition. Word count: 2366 6. 0 References: Optimizations, J. , Optimizations, M. (2008). Service Management. 6th deed. New York: McGraw-Hill. 358-360, 339-354. J. Knolled. Growth and Strategy. Services PLUS. Bougainvillea, Quebec, Canada: G. Moron publisher Ltd. , 1991, Chap. 8. Up 119-36
Saturday, November 23, 2019
Informative Essay Sample on World Trade Organization
Informative Essay Sample on World Trade Organization The World Trade Organization is founded on the principle of comparative advantage, well recognized by the Modern economists, that different countries enjoy absolute advantage in the production of different goods, since they are differently gifted by the nature: it may be expensive to produce certain goods and cheaper to import. A country may have greater comparative advantage in the production of certain goods over the others. This classical theory of economics took its practical shape in the manifesto of W.T.O which transcends all barriers imposed by the nations and emphasizes the functioning of free trade amongst the nations. Then why the feeling of unease and protests against the W.T.O which are not based on unfounded fears, but some facts of the underdeveloped nations manifest the circumstances apparent in the economic scene of their lives. The disagreements do not arise by the global trade but by the resultant affects of the globalization and the very rule of the body governing the W.T.O. if we understand the arguments of the both sides we can solve maladies believed to be caused by the W.T.O. W.T.O is very powerful; it can compel sovereign states to change their laws if it feels that laws are hindrance with the agreements made. It is by the rich for the rich. It does not give the proper weight to the problems of the developing world, in practice, if not in theory. It is indifferent to the negative fallout of free trade; its commercial interests take over every thing from child labor to workers rights, and environment to health. It lacks democratic accountability. Its trade disputes hearings are closed to public and the media, while free trade concept presupposes open debates and transparency. The W.T.O has clauses to protect the environment, but they do not contain minimum standard to protect the environment, labor rights, social programs and cultural diversity. what makes it so powerful is that it can intervene in the everyday administration, of any member country and force it to change its laws if the W.T.O feels that they are detrimental to free trade because the membe r countries have given both legislative and judiciary authority to W.T.O to challenge laws, policies and programs of countries which do not conform to its rules. The member countries are required to bring its laws in conformity with W.T.Oââ¬â¢s laws. Some of the realistic concerns of the developing nations on crucial issues on subsidies granted by the USA and European Union on their agricultural farming are still unresolved. The developed countries comprehensive intensive negotiations carried out so far could not bear any result, which indicated that USA and Europe are unwilling to accept their stand or they have political compulsions barring them to reach any conclusion. Conversely the demand of poor countries to accept their mounting labor force as one of the products of export by the developed nations is also not heeded by the rich countries which transpires the view point to cause serious setback to weak economies, giving rise to an impression that every thing was falling in the laps of prosperous countries. So far as protection to local industries is concerned W.T.O has provided safeguards to grow , in case of surge of imports. The agreement on safeguards authorizes importing member countries to restrict imports for temporary period, if after investigations carried out by the competent authorities it is established that: Imports are taking in such increased quantities as to cause serious injury to domestic industry that produces like or directly competitive products and, The increased imports should be the result of unforeseen developments. It provides the impositions of quantitative restrictions on such imports and increase on import tariffs. The advent of China amongst the developing nations seems to baffle entire economic scenario, which caused to rethink the philosophy of comparative advantage for both developing and developed economies. The inflow of cheap products in the world markets has eroded the zeal of West and USA to finalize the outstanding issues, while the indigenous cottage and textile industries of the poor countries have almost been collapsed. What we believe that W.T.O must be a forum of ironing out economic inequalities and a source of fostering peace and harmony amongst the nations of the world. If you need a custom essay, research paper, dissertation, thesis, term paper on Economics, Business or other discipline feel free to contact our professional custom writing service.
Thursday, November 21, 2019
Gender Essay Example | Topics and Well Written Essays - 500 words - 3
Gender - Essay Example From this paper, it is clear that interpretations are irrefutable since improving men and womenââ¬â¢s status has been a pledge by the lawmakers and supported by governments as a beginning of tasks on gender. It is evident that women have suffered considerable biases since gender issues are concerned, through policies, media, literature, folk songs, and customs. However, religious teachings and mythology have played an essential role in promoting gender awareness and equity. Favoritism, double standards, and attitudes in the society are the regular reminders of inequalities experienced in the modern world (Marshall, 2000).Gender as social phenomena aroused by the differences in our biological makeup has taken by storm the public domain on major issues politicized (Hobson,2002). Nevertheless, citizens of upright religious practices consider gender as not being critical since they cherish their differences. Contrary to my opinion, gender issue has become a concern, since my childhood girls were treated more respectively compared to boys Gender has been taken lightly to some extent whereas in other cases exaggerated. Documentation of male and female in records such as the birth certificates should not be a cause for any alarm for the sake of peace. Our dressing and genetic makeup always been a problem in that ladies have always been perceived as putting on attire that is meant for men, thus a form of disrespect.To some societies like ancient Greece and Rome, cross-dressing was rampant as the norm. There is a slight difference on perceiving gender through expressing ourselves. Despite our biological differences as human beings, we have similarities that profits all (Marshall, 2000). Normally our bodiesââ¬â¢ change as we grow towards maturity is when the difference is noticed clearly. Civilization has brought with it complications in the freedom of choice whereby people are altering their gender (Fenster & Lees, 2002). This practice has received mixed reactions from both parties involved.
Wednesday, November 20, 2019
SIM #4 Essay Example | Topics and Well Written Essays - 250 words
SIM #4 - Essay Example Unfortunately, the destiny of the unproductive branches is fire. Thus, I will consider myself unproductive if I fail to convey the message about God to those who do not know Him. As a result of this, I will also be in a position to incur the punishment that will be imposed on me by God by proving unproductive. A church has also a role to play in enhancing the growth of productive souls. It does this by informing its audience on what they are obliged to do by God. A church also provides its audience with spiritual words as well motivational words as portrayed in the Bible in order to develop their faith. A church that enhances spiritual development and observance of Godââ¬â¢s will correlates to the fruitful vine. However, some churches portray different pictures to the society. For instance, the dressing code, songs sung, and the mode of dancing in some churches show how believers have gone astray. Other churches are known also of using their services to generate money. In connection to the passage, churches that contribute to ungodliness among believers correlate to unfruitful vines and need to be
Sunday, November 17, 2019
Personality traits Essay Example for Free
Personality traits Essay Personality traits, cultural background, religion, geography and other demographic features are distinguishing factors among human beings. As we grow old all these variables shape our personalities, likes and dislikes, goals, ambitions and our life styles at large. Goals and ambitions that we set for ourselves in life are determined largely by factors such as our peers, early childhood experiences, upbringing, people we look up to as role models, and other life experiences. Hence it makes all the more sense for individuals to pursue their aspirations in life from which they derive satisfaction and contentment. However there are times when due to various external factors an individual is compelled to compromise and sacrifice his or her personal goals and interests. In a country like Pakistan which is faced with several economic setbacks, professions such as engineering, banking, etc are looked at with respect and considered to be appropriate as they ensure a secure source of income. However art, which unlike in western societies, has a stigma associated with it and is not encouraged to be pursued as a career. Therefore many fine young artists quit their work in the early stage and enter into other professions in order to earn a fixed stream of income to survive and support the family. Moreover there are students with interest in the field of astronomy and astrophysics who look forward to pursue a career in the respective fields. However the lack of good institutions offering degrees in such fields and nonexistent scope for such professionals in the local scenario only compounds difficulties for them. Hence these individuals are left with little option but to pursue a career in a separate field which will at least ensure them a decent living once they graduate. There are also times when children are pressurized by their parents to pursue the family profession and take over the responsibility. As young adults they are expected to honor the traditions of the family. Thus they eventually concede to such immense pressures and join the family business or profession. There are times when as a part of a group an individual might be required to perform and carry out activities which he or she doesnââ¬â¢t enjoy doing. However considering the overall benefit of the group every individual is expected and required to conform in order to achieve the goals for the group. Having discussed some of the situations where an individual might have to do things which he or she would not, if left to oneââ¬â¢s discretion, it is very important to stress the fact that real motivation and drive for most of the people comes from doing things which inspires them. People work hard towards the attainment of certain goals because they value them and it will give them a sense of satisfaction. Moreover to be able to grow and progress in life people seek new challenges and get themselves involved in tasks which they enjoy doing. Nevertheless sometimes a compromise is the only resort left to people to avoid conflict and they are compelled to do things which they normally donââ¬â¢t enjoy doing. Works Cited Fowler, James Manktelow and Kellie. Personal Goal Setting. 30 December 2008 http://www. quintcareers. com/personal_goal_setting. html. Keirsey, Dr. David M. Personality Traits Personal Growth Understand Your Temperament to Accomplish Life Goals. 30 December 2008 http://www. articlesnatch. com/Article/Personality-TraitsPersonal-GrowthUnderstand-Your-Temperament-to-Accomplish-Life-Goals/397215. Pakistan Teaching Profession. 30 December 2008 http://education. stateuniversity. com/pages/1149/Pakistan-TEACHING-PROFESSION. html.
Friday, November 15, 2019
Hamlet 10 :: essays research papers
The Real Tragedy Of Hamlet In the play Hamlet, by William Shakespeare, the death or murder of a character becomes very freuquent. Although many people die. It is a result of their own wrong-doing. You could almost say they deserved what they got. But there were deaths of people, that were due to the manipulation from the royalty. A good example can be found in the family of Polonius’. The real tragedy of Hamlet is not that of Hamlet or his family but of Polonius’ family because their deaths were not caused by their own, sinful actions, but rather by their small instigation of Claudius and Hamlet’s battle. The first character to die in the play is Polonius. Eventhough Polonius often acted in a deceitful manner when dealing with Hamlet, it is only because he was carrying out plans devised, and ordered by the King and/or Queen, in order to discover the nature of Hamlet’s madness. Being the King’s right hand, it was his duty to obey the King and Queen’s wishes, and it was indeed his loyalty that eventually proved to be fatal for him. An example of how Polonius’ innocent involvement with the royal family resulting to his death can be found at the beginning of Act III, scene iv, when Hamlet stabs him while he is hiding behind the Curtained Wall in Gertrude’s chamber. This is a great example of how Polonius, a man unknowing of the true nature of the situation that he was in, is killed by a member of the royalty during the execution of one (Hamlet) of their schemes. This makes Polonius’ death a tragedy. But he was asking for it, come on. The next member of the Polonius clan to die is his daughter Ophelia. Ophelia’s death is also tragic, because of her complete innocence in the situation. You can argue that Polonius deserved his fate because of his handling with Hamlet while he was mad. But Ophelia was entirely manipulated, and used by Hamlet and the king for their own selfish reasons, and games. An example of how Ophelia is used by Hamlet is seen in Act II, scene i, when Hamlet uses her to convince his family that he is truely mad. Ophelia explains to her father, how Hamlet has scared her, causing Polonius to draw the conclusion that Hamlet has an "antic disposition"(He is quickly losing his mind).
Tuesday, November 12, 2019
How Far Did the Position of Black Americans Improve in the Years 1945-1955?
The US military involvement in WW2 was to have a lasting effect on civil rights and racist attitudes. The conflict brought on many changes that would highlight African American civil rights, for example it created many jobs for black people, not only in the defence industry but also to meet growing labour demand. Although between 1945-1955 there was indefinitely progress made for the position of black Americans, there were also limitations to that progress. The population of cities in the north such as Detroit grew dramatically as black people migrated during the war. Although there was a lot more availability of employment for African Americanââ¬â¢s, they would often find they were discriminated against, for instance not receiving equal pay to white workers. Employers would usually use the principle ââ¬ËLast to be hired, first to be fired. ââ¬â¢ It was a rarity for African Americans to be promoted as when they it would follow with walk outs and riots from white workers. In order to prevent the march on Washington movement, President Roosevelt agreed to set up the Fair Employment Practices Commission in order to accommodate equal opportunities for black people in defence industry jobs. This also led to increase in labour jobs, there was a 25% increase in African Americans working in the iron and steel industry. The numbers employed in government service increased from 50,000 to 200,000. However it had its limitations, railroads usually refused to hire black people and in the Deep South prejudice remained on employment issues. The NAACP campaigned to challenge the ââ¬ËPlessy v. Fergusonââ¬â¢ doctrine. Inequality was easily spotted in education. For example research showed that the pupil-teacher ratio was 20% better in white schools than in back, in addition to this white teachers generally receiveda much larger salary in comparison to a black teacher. The NAACP proceeded to sue on behalf of black students, which eventually resulting in the ââ¬ËBrown v. Board of Educationââ¬â¢ legal case. Following the Brown case, Earl Warren who was the current Chief Justice of the Supreme Court, agreed that not only was segregation in education demoralising for African Americans, but segregation in general too. However this stirred up protest in the south. The White Citizens council formed the ââ¬ËSouthern Manifestoââ¬â¢ in order to fight the brown case. There was also slow progress to the integration of public schools as The Supreme Court had not set a time limit, instead it had stated progression to e done with ââ¬Ëdeliberate speed. ââ¬â¢ There was also no action enforced by President Eisenhower who was reluctant to avoid stirring further opposition. Altogether, there was progress in economic status for African Americans. Due to the creation of trade unions and activist groups, something was finally being done about inequality for Blacks. However this gentle action was often faced with forceful opposition, or simply not enough being done, therefore hindering progress.
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