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Essay / Research Paper Abstract
This 30 page paper is an in-depth examination of FedEx and its financial performance. The paper begins with an overview of the history of the company, its key resources and the way accounting takes place. The second part of the paper looks at the financial accounting and performs an in-depth financial analysis looking at the performance of FedEx between the years 2003 and 2007. The third part of the paper examines Management accounting processes that take place in the company. The last part of the paper gives an overview of the operations and draws together the conclusions from the previous sections of the paper. The bibliography cites 20 sources.
Page Count:
30 pages (~225 words per page)
File: TS14_TEFedExAna.rtf
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Unformatted sample text from the term paper:
1. Introduction FedEx is a well-known logistics company services globally. Competing with companies such as UPS the company has grown
from relatively small origins without the long history that many other logistic companies have. In order to assess the company and its performance is necessary to look at the companys
background and development, its resources and the way accounting takes place as well is the act of financial results. 1.1 Background 1.1.2 History The history of FedEx starts with
Frederick W. Smith, an undergraduate of Yale University, in 1965. Smith wrote writing a term paper concerning the way freight shippers were using passenger airlines that trust protection of the
goods (FedEx, 2007). Smith believed that this was a very inefficient system which was economically inadequate and hypothesised that shippers needed a new system which was able to manage time
sensitive shipments; a system designed specifically for freight rather than a system piggybacking on passenger flights (FedEx, 2007). The idea was to develop over time. In 1971 after completing a
period of service in the military Frederick Smith purchased a controlling interest in a Little Rock company in Arkansas called Arkansas Aviation Sales (FedEx, 2007). During the operations of this
firm Smith noted problems delivering any packages within a couple of days, the same problem that hed noted in his term paper 1965. The problem was also an opportunity and
Smith undertook research to identify ways in which this problem could be rectified. It was in order to resolve the problem of slow delivery that Federal Express was initially born
(FedEx, 2007). The name of the company was chosen in order to engender a feeling of patriotism associated with the term Federal, which Smith also believed would suggest a national
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