Tuesday, February 18, 2020

Position Paper Essay Example | Topics and Well Written Essays - 750 words - 2

Position Paper - Essay Example FedEx is currently amongst the top courier service providers of the world and is growing in terms of revenue generation, market share and penetration in new markets. However there are possible chances of slowing the success path of FedEx. As FedEx is too much dependent upon US market so therefore chances of slowing down is possible moreover the current situation of the world is one another reason to add in this regard. Similarly besides these issues the company has very much scope in terms of generating more income by expanding and reaching new markets. One possible opportunity is in the Asian market. As currently many Asian countries are growing. So they rely too much on imports and exports therefore FedEx has a great opportunity in reaching and capturing those markets by using experience and brand name. Another important development in terms of revenue generation is online shopping. If FedEx is likely to hold its growth online shopping should be dealt with utter care. New plans should be formulated, techniques should be devised as online shopping is likely to change shopping trends in most of the developing countries. Different schemes should be launched so that masses can be attracted. Furthermore the role of competitors new and old will always be a threat for FedEx. In most cases new companies have nothing to lose so they usually lower their price in order to gain market share. Therefore FedEx should try to offer competing prices in order to wipe out these companies from challenging FedEx. This can be done with ease as FedEx has enough revenue to hold market and to lower prices as well. The future of FedEx is split between opportunities and threats. Therefore the role of management will be crucial because proper planning can give FedEx billions and one wrong step can lead them towards catastrophic

Monday, February 3, 2020

Historical Maritime Research Paper Example | Topics and Well Written Essays - 1750 words

Historical Maritime - Research Paper Example New York harbor is the biggest harbor with most business activities in the United States. It has several boroughs including Brooklyn, Bronx, Staten Island, Queens and Manhattan. This study focuses on the Manhattan locale and evaluates various transformations that this port has undergone. Notably, it was the first to emerge while the emergence of the remaining ports was triggered by intense pressure from the civil war. Historical evidence affirms that Manhattan locale has undergone significant changes since 1800. The Manhattan port is considered one of the busiest ports in the New York harbor. It is comprised on the upper and lower Manhattan and hosts various commercial and business activities. In this regard, the gross metropolitan product from this area currently stands at close to one trillion dollars per year (Ascher 44). This is partly attributed to its location within the New York harbor. Seemingly, its centralized location increases its accessibility by business persons and ent ities. In addition, the port is comparatively popular than the rest because it is situated at the original New York harbor. The locale has an estimated 3.2 thousand hectares as office space (Ascher 44). A century ago, water transport was solely employed by the populations that bordered Manhattan. Through shipping, they were able to transport their goods and products from one continent to other (Ascher 44). In other words, the larger New York Harbor played an instrumental role in improving interactions between various populations. It is widely agreed that the Manhattan was relatively busy and supported a host of economic and commercial activities (Miller, 36). At this point in time, the populations that were both inland and those bordering the sea relied heavily on the harbor for conveyance of important commodities. Current trends indicate that activities in the port have eased. The ship traffic has also reduced considerably and seemingly and according to Rodrigue, the port is less c rowded (Rodrigue 54). Currently, statistical evidence indicates that less than 500 ships dock at the harbor on a monthly (Kellner 59). This is attributable to the technological developments that have occurred in the road and air industry. For this reason, the consumer population has shifted its perceptions and greatly appreciates the services of the road, air and rail industry as compared to the services provided by the shipping industry (Revell 38). This trend has further been enhanced by the technological advancements and especially the use of internet and mobile phones in information exchange. The mere reduction of shipping activities implies a great change in the shipping industry (Jackson and Ho 47). Arguably, this has had diverse implications for the profits and general returns of the industry. In this regard, these are less profitable than their counterparts. There have been significant demographic changes in the locale too. Likewise, these have had diverse various implicatio ns on the social and economic wellbeing of the same. In particular, the population has decreased by a significant 30% (Gannon 5). Besides indicating a change in the perceptions and attitudes of the populations about shipping, these changes also imply that the economic benefits have shifted to other areas. Most importantly, they indicate that other transport and communication options such as road and air are developing very fast (Malcom