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
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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
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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
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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
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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
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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
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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
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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
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Ministry of Education i Ministry of Education ii “The best way to predict the future is to create it.” Peter Drucker Ministry of Education iii © Ministry of Education Trinidad and Tobago August 2005 All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted in any form or by any means‚ electronic or mechanical‚ including photocopying‚ recording or otherwise without the permission of the publisher. Published by: The Ministry of Education
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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
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