January 2016
Intermediate to advanced
480 pages
132h 28m
English
book
Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 16/e
by Fred R. David, Forest R. David
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Future
From Summer 2014 into early 2015, oil prices fell nearly 60 percent in the United States, in what many would consider a boom for trucking companies such as FedEx. But as CEO of Old Dominion Trucking pointed out, much of the oil price is passed on to consumers, and rising or falling prices do not directly impact trucking business. FedEx, in fact, missed its second quarter 2014 earnings estimates, reporting $2.14 EPS versus Wall Street estimates of $2.22 EPS. The difference was blamed mostly on reduced fuel surcharges stemming from the drop in oil prices, which FedEx was unable to pass along to consumers as the price of oil dropped. Nevertheless, FedEx is still doing great; second-quarter 2014 profits were up 23 percent from the same quarter ...
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