Review the chapter:Strategy Formulation
Response the discussion questions in a minimum of a 100-word response and at least one reference with in-text citations.
Considering all the concepts introduced in this course, what is the most significant "take away" for you, and why?
The complete section must be 200 words per question. You must use two references in each complete unit. In-text citations and references are required when utilizing outside sources of any kind.
In a narrative format, discuss these firms from a strategic perspective. Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in "real time."
How has Fedex managed to maintain technical superiority (i.e., reliability, service, package tracking, etc.) in its industry? Can Fedex continue to do so in the future? Why or why not?
Give examples of two prominent crises FedEx could face in the future. What steps should the company take to prepare for these crises?
Suppose you are the CEO of a start-up firm in the package delivery industry. You have plenty of capital to work with, but little infrastructure and no management team in place. What strategy would you pursue and why?
Reference:
Parnell, J.A. (2008). Strategic Management: Theory and Practice (3rd edition). Mason, OH: Cengage Learning/Savant Learning Systems.