Business Synthesis Essay

In today’s society, many companies and consumers want products from around the world in a timeframe that they feel is appropriate to accommodate their needs. FedEx has played a part to building and matching these expectations through ground-breaking activities, but also from the use of other business models. One way FedEx is emphasizing global impact is by creating Access, which is a process that allows interactions, contacts, and exchanges amongst people, businesses, and nations. Over the past few centuries, access has had a significant influence on the economy, businesses, and on people’s everyday lives. Back then consumers only had access to products that were within walking or driving distance, limiting their choices. Today, since transportation

However in 2007, FedEx knew they had to change their approach to fuel use for two important reasons: (1) they were trying to change their position to become a good global citizen; and (2) to change their business model to displace planes frequently for refueling (FedEx, 2005). FedEx started using a fuel management program called Fuel Sense. This program consists of 40 different teams that come together to improve equipment, efficiencies and other practices in the transportation chain. According to (How FedEx’s “purple promise’ shrinks emissions and grows revenue, 2014) Fuel Sense has saved 60 million gallons of fuel ending the 2013 year, with improvements by 2020 (Clark, 2014).

FedEx plans on improving their procedures by using alternative sources to obtain about 30 percent of their jet fuel by 2030 (Clark, 2014). By using these practices and fuel conservation, they have reduced greenhouse gas emissions at the same time also increasing revenue. Businesses of all magnitudes need access to markets, information, and inputs to be viable and competitive. Their key access needs focus on a variety of points such as inputs, logistics, distribution, and marketing (FedEx,