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Summary Final Paper Week 6.docx BUS 621 The University of Arizona Global Campus BUS 621: Leadership & Teamwork FedEx Background Fredrick Smith founded Federal Express, which would later become FedEx. FedEx was named Federal Express in an attempt to win a co$7.49
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Summary Final Paper Week 6.docx BUS 621 The University of Arizona Global Campus BUS 621: Leadership & Teamwork FedEx Background Fredrick Smith founded Federal Express, which would later become FedEx. FedEx was named Federal Express in an attempt to win a co
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Final Paper Week BUS 621 The University of Arizona Global Campus BUS 621: Leadership & Teamwork FedEx Background Fredrick Smith founded Federal Express, which would later become FedEx. FedEx was named Federal Express in an attempt to win a contract with the Federal Reserve. FedEx did not win...
final paper week 6docx bus 621 the university of arizona global campus bus 621 leadership amp teamwork fedex background fredrick smith founded federal express
which would later become fedex
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BUS 621
The University of Arizona Global Campus
BUS 621: Leadership & Teamwork
FedEx Background
Fredrick Smith founded Federal Express, which would later become FedEx. FedEx was
named Federal Express in an attempt to win a contract with the Federal Reserve. FedEx did not
win the contract, but Fredrick kept the name. On April 17, 1973, they officially entered the
shipping industry. FedEx began shipping internationally in 1984 to Europe and Asia. In 1989
FedEx was in 29 countries. By the year 2021, FedEx is currently in over 220 of the 249
countries. FedEx expanded into printing services when it acquired Kinkos in February 2004.
(Fedex.com)
While FedEx is one of the leaders in the United States. In the Latin American Market,
they still have areas to go. They are missing out on their market but have made attempts to repair
their brand in those countries
Environmental Analysis
FedEx has some operations in 220 countries; in every country FedEx is in, they have an
opportunity for economic gain or loss. While being in almost every country, each country has a
different type of market. Some markets are more accessible than others. Due to each market
changing constantly, the cost to ship is always changing. Other economic factors would be the
exchange rates with the different currencies around the world. Dealing with the shipping around
the and with foreign currencies could cause issues with customs when the prices of items are
different in other countries.
With FedEx being in the shipping industry, they are involved directly with the trade
industry. FedEx has a direct hand with imports and exports around the world. FedEx has several
ways of transporting goods around the world. Most commonly, Air and ground. However, FedEx
also uses freight trains and will transport them via boats in the ocean. FedEx has several different
options when shipping internationally for personal and business customers.
FedEx has a big focus on its brand and giving back to the communities they are a part of.
During Emergencies like natural disasters by assisting in deliver critical supplies to the areas
affect by the disasters. In Indiana, FedEx has partnered with Safe Kid Foundation to promote a
, safer lifestyle for Kids. Throughout the whole organization, FedEx promotes education and
encourages its employees to further their education. (Fedex.com)
With FedEx having some involvement with most countries around the world, they have
to pay close attention to the political environment that the government is currently going
through. The political landscape can change fast. With the political landscapes constantly
changing, countries' laws are always changing, and they could affect FedEx when shipping
products from one place to another.
General Strategy
With FedEx being a large company, they have some involvement in various regions of
the world. One region, FedEx, does business in Latin America and is Brazil's largest country in
that region. Brazil is Latin America's largest country, with a population of 212 million people.
(World Atlas) Brazil is also the largest country when it comes to land. With a large population
and landmass, FedEx has much ground to cover when delivering items in Brazil.
Brazil-Demographic
Brazil has the sixth largest population in the world. The bulk of Brazil's population lives
near the coast of the country. Brazil is one of the largest Christian countries globally, with 90%
of the population identifying as Christian. (worldpopulationreview)
Brazil- Economic and Political
With Brazil having the largest population in South America, naturally, they have the
largest economy in South America and the 8th largest globally. Brazil produced $3.22 trillion in
goods and services in 2019. (Amadeo 2021)
In 2018 Jair Bolsonaro became president of the country when the people wanted to
change the style of government. Bolsonaro opened up more trade in the world by lowering
tariffs. The change happened due to past leadership having laws that resulted in Brazil's
spending, which hurt the economy and caused their inflation to rise. (Amadeo 2021) They also
have a long history of corruption in their government positions, which would potentially harm
FedEx.
Brazil- Trade
Brazil's GDP has been on the decline since 2011. In 2020 Brazil's GDP was 1.445
Trillion. Brazil's GDP in 2011 peaked at 2.616 trillion. (world bank) In 2020 the world's
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