Question
Explain at length the solution for each question... Some key problem includes: 7. Competitors UPS has concentrated its efforts on the US market, despite its
Explain at length the solution for each question...
Some key problem includes:
7. Competitors UPS has concentrated its efforts on the US market, despite its operations in Asia, Africa, America, Europe, and the Middle East. However, TNT and other competitors have expanded their operations in various Asian and European countries.
- [Solution]
8. The Future UPS is looking for businesses similar to TNT Express in Europe. In Asia, Australia, South America, and Africa, UPS could expand globally. While more than half of UPS's revenue still comes from the USA, 95% of the world's population does not. People are increasingly buying and selling online, which bodes well for UPS in the future. However, rival FedEx is aggressive, savvy, and looking to acquire, and FedEx dislikes being ranked #2 in global packaging.
- [Solution]
References:
https://investors.ups.com/company-profile
https://www.referenceforbusiness.com/history2/37/United-Parcel-Service-Inc.html
https://referenceforbusiness.com/history2/37/United-Parcel-Service-Inc.html
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