To determine: The utilities that FX provide for its customers and the utility that is probably the most important to its customers.
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.
Want to see the full answer?
Check out a sample textbook solutionChapter 15 Solutions
UNDERSTANDING BUSINESS (LL/ACCESS)
- I need help answering the following questions below What does succession planning entail and what are its essential steps? Are there any disadvantages to using a nine-box grid for succession planning? Would having any difficulty in categorizing anyone who reports or has reported to you into one of the boxes? If you never managed a team, think about employees you have worked with in the past and how you would categorize them. Do most people frequently move from one box to another or do most people tend to stay in one box for long periods of their careers?arrow_forwardPlease original work Background information: You are the chairman of the board for a large technology company. You are seeking a new CEO to replace your recently departed company founder. You are seeking an innovative leader for your organization. What do you think are the most important characteristics for the leader to have? Explain why each is important. How will you determine if an individual has those characteristics? Discuss how executives can ensure a successful fit. Please cite in text references and add weblinksarrow_forwardIn regards to minimum wage, should there be a national standard or should minimum wage be regulated by the state?arrow_forward
- The three components of the triple constraints arearrow_forwardWhich statement indicates that you are making an unstated assumption? It seems that . . . I assume that . . . In my opinion . . . It’s clear that . . .arrow_forwardConsider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts.arrow_forward
- Two-way communication between managers and subordinates was first emphasized during the ______. contingency era empowerment era human relations era scientific management era Which of the following behaviors characterizes a manager using the contingency approach to communication? enforce strict compliance to rules and procedures analyze the factors affecting each situation to determine if an autocratic or participative style is needed use committees to make most decisions consult with staff but make the final decision individually in most situations Why is managerial communication more complicated today than in the past? large project teams renewed emphasis on profit margins increased diversity in the workforce products change little from year to year In which decade did the United States begin embracing diversity? 2000s 1980s 1960s 1940s Which approach to management communication is characterized by the interdependence of jobs, organizations, and…arrow_forwardWhy is managerial communication more complicated today than in the past? large project teams renewed emphasis on profit margins increased diversity in the workforce products change little from year to yeararrow_forwardConsider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts. 1. Imagine you are a consultant tasked with helping this company make better decisions. What macro level changes would you recommend Don make so the organization and he can make better decisions?arrow_forward
- Organizational Culture and Succession Planning I need help Creating, a summary identifying 3 key work trait differences that can be identified that could impact the culture of your organization, and the impact of such differences on succession planning.arrow_forwardI need help answering the following questions Why is having a strong organizational culture important? What are some ways leaders can develop and manage organizational culture? How might this help with recruiting and retaining employees?arrow_forwardBased on your Course Project (Organizing a diversity, equity, and inclusion (DEI) awareness month celebration) and considering what you read about project variables in the Planning Performance domain, what are the possible scheduling issues you believe your project is susceptible to? Please explain with details and make sure you identify any project variables you need to be cognizant of.arrow_forward
- MarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational PublishingContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning