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 of
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industry’s ways of action concerning these issues. The logistics industry has had to react to these new kinds of demands and questions from the stakeholders. Two major companies come to mind when we have to ship anything of real importance: FEDEX and UPS. FEDEX Overview:The FedEx companies’ historical milestones span over a half century and demonstrate the insight and leadership of the trusted FedEx brand. FedEx Custom Critical‚ a package and delivery business was founded in Akron‚ Ohio in 1947 by
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Free market economies stimulate greater economic growth whereas state directed economies stiffle economic growth: There is a some truth to this statement‚ but the subject is much more complicated than just that. Free markets allow resources to flow toward those activities that provide the most economic benefit. If I have a project that will result in a 1‚000 percent return on investment‚ the financial markets will be very happy to lend to me‚ if there is full information about me and the project
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The case study given is about a fresh graduate‚ Mr. Rakesh Sharma joined Modern Industries Ltd. (MIL) in Bangalore as a trainee against a projected vacancy in the Paints Application Department for one-year training. Mr. Sharma has been performed very well. The Department Manager and the Training Manager were satisfied with his performance in the first two quarters. However‚ when stepping in to the third quarter‚ Mr. Sharma raised an issue about curtailing his training period. The request has not
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By Sameer Hashmi Nitish Kumar is been described by many as the ‘miracle ma n’ of Bihar. The progress which Bihar has made in the last four years is nothing short of a miracle considering that the state was witnessing de- growth only half a decade back. The latest data released by the Central Statistical Organiz ation (CSO) shows that Bihar has grown at a stunning rate of 11.03% in the last five years. The most startling aspect is that‚ it is the second fastest growing state in India‚ just a shade
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church and state. That wall must be kept high and impregnable. We could not approve the slightest breach." Since the founding of our country‚ one of the most controversial issues has been the separation of church and state. Many nonreligious people wish for a complete separation of these two branches of government‚ but many Christians are outraged over the measures that the state takes to ’protect’ itself from the church. There have been many stances on the relationship between church and state‚ and three
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Church vs. State One of the most controversial points that is being debated in America today is the argument of church vs. state. Some people strongly believe that “In God We Trust” should be removed from the dollar bill‚ and “One nation under God” should be removed from the pledge of allegiance‚ because they feel that that is like forcing a certain faith upon people in a free country. Others strongly believe that we should keep those sayings on the money and in the pledge because it’s sticking
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It is commonly known that‚ in theory‚ the United States practices the separation of church and state. But is this really true? We are a country that is based on a large respect for one’s individual preferences. The first amendment of our constitution gives citizens the freedom of religion‚ press‚ and expression‚ stating “Congress shall make no law respecting an establishment of religion‚ or prohibiting the free exercise thereof…” Our government is supposed to base it’s decisions solely on what is
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are two terms to be recognized: “safe state” and “swing state”. In a “safe state” the presidential candidate of a particular party has the vast majority of support of that state ’s voters‚ regularly‚ so that he/she can safely assume the favorable outcome of the state ’s electoral college votes. Some well-known safe states are California for democrats‚ and Texas for republicans. On the contrary‚ there are states that are not like safe states and no single candidate or party has overwhelming
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independence from foreign domination‚ a mammoth task of uniting the princely states was still to be accomplished. So‚ this massive job was handed over to Sardar Vallabhbhai Patel‚ the first Home Minister and Deputy Prime Minister of India. With great wisdom and political foresight‚ Sardar Patel consolidated more than five hundred princely states and brought them under Indian dominion. In the face of great adversity from some states like the Nizam of Hyderabad and Nawab of Junagarh‚ he achieved the impossible
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