FedEx Corporation and Its Strategies Research Paper

FedEx Corporation and Its Strategies - Research Paper Example It was found the declining profitability of the company is the main problem that the company should take into account. In the later part of the project certain strategic solutions were suggested, and then the most feasible one was finalized. It was found that the company needs to disinvest loss-making businesses which are not the part of the core business and the finance collected can be used to strengthen that business that adds core competency to the company. A proper change management process should be followed to minimize hurdles and smooth implication of the change. The management should go on reviving the plan with changing market conditions and in this way, the company will succeed in overcoming the major problem in a highly effective manner. FedEx Corporation offers transportation facilities along with e-commerce and other business services to different parts of the world. The company has under its banner four main operating businesses with the names FedEx Express, FedEx Freight, FedEx Ground and FedEx Services. The above-mentioned business units look after different areas of operation, as for example, FedEx Express provides shipping services to clients for delivering packages and freights. FedEx Express also offers trade services to its clients through the ocean as well as air cargo distribution. It also offers global trade data and customs clearance services that can be used as an effective tool by the customer for tracking and managing the import. Such facilities are used by different international trade advisory service providers to assist their customers. The company publishes specific data related to tax and customs duty information. The other segment, FedEx Ground, delivers parcels with the help of ground services.