Whether the decision of a significant numbers of consumers choosing to do their shopping online most likely hurt or help FedEx's business. Case summary: FX is the largest express delivery company in the world. However, in spite its success it is not a self-sufficient firm. Much of its income depends on other businesses that use the freighter to ship their wares. If these clients become big enough, though, they could start to look for ways to consolidate their business. Moreover, FX provide businesses with more than just delivery services. They add important utility to existing products and services. Many companies opine that FX are at an advantage improving their services with the help of outside firms instead of setting up their own departments from scratch. The greatest asset of the business is its fast-acting infrastructure. Its retail clients don't need to waste precious sales floor space by overstocking products due its speed. It can also keep its prices below what it would cost the wholesaler to maintain its own fleet of delivery vehicles. Characters in the case: The important elements discussed in this case are FX companies using FX as an intermediary, and retail clients. Adequate information: FX is the largest express delivery company in the world. However, in spite its success it is not a self-sufficient firm. They are at an advantage improving their services with the help of outside firms instead of setting up their own departments from scratch. The greatest asset of the business is its fast-acting infrastructure.

Question

Want to see the full answer?

Answer 1

Question

Chapter 15, Problem 2VC

Summary Introduction

To determine: Whether the decision of a significant numbers of consumers choosing to do their shopping online most likely hurt or help FedEx's business.

Case summary: FX is the largest express delivery company in the world. However, in spite its success it is not a self-sufficient firm. Much of its income depends on other businesses that use the freighter to ship their wares. If these clients become big enough, though, they could start to look for ways to consolidate their business. Moreover, FX provide businesses with more than just delivery services. They add important utility to existing products and services.

Many companies opine that FX are at an advantage improving their services with the help of outside firms instead of setting up their own departments from scratch. The greatest asset of the business is its fast-acting infrastructure. Its retail clients don't need to waste precious sales floor space by overstocking products due its speed. It can also keep its prices below what it would cost the wholesaler to maintain its own fleet of delivery vehicles.

Characters in the case: The important elements discussed in this case are FX companies using FX as an intermediary, and retail clients.

Adequate information: FX is the largest express delivery company in the world. However, in spite its success it is not a self-sufficient firm. They are at an advantage improving their services with the help of outside firms instead of setting up their own departments from scratch. The greatest asset of the business is its fast-acting infrastructure.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Based on your Course Project (Organizing a diversity, equity, and inclusion (DEI) awareness month celebration) Explain what contingency planning Based on Organizing a diversity, equity, and inclusion (DEI) awareness month celebration including its broader conversation of risk management?

Bias Vulnerability- On which biases were you the most vulnerable? On which ones were you least vulnerable? Did the ambiguity, or pressure to make quick decisions have an impact on the process?

In each of the four scenarios of OB Simulation, you will be faced with making a key decision. Each scenario also poses a potential decision-making bias. As you navigate the simulation scenarios, consider which decision-making bias may be an issue for each scenario.identify which bias you thought it was as compared to the bias that actually was placed in the simulation. Did you accurately predict the bias?