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Unit 1, the Business Environment, P1

Satisfactory Essays

FedEx
FedEx Corporation is an American global courier delivery service. It operates under a public limited ownership as a tertiary business.
A public limited company (PLC) means it is able to offer shares to the public. The owners of these PLC’s are the main shareholders. A tertiary business is one that provides a service to other business or individuals. Federal Express (later known as FedEx) was established in 1973. Ten years later, the company reaches $1bn in revenue – the first US business to achieve this status without merger or acquisition. Services extend to Europe and the Middle East by the end of 1989. Between 1991 and 1999 FedEx launches: Express Freighter® to provide overnight delivery to Europe and Asia, FedEx Ship Manager® …show more content…

Aldi first store was opened in 1913, and was a quite popular p[lace to shop in the German town of Essen. During the 40s an expansion program was created and more stores were opened. A celebration was held in 1954 for the opening of the 50th store. By 1960 Aldi had grown to a network of over 300 stores; Aldi was then divided into Aldi Nord and Aldi Süd. In the 1960s, Aldi became the first company in Germany to adopt the self-service concept. During 1983, Aldi started chilled distribution depots and sol fresh products such as cheese, yoghurt and sausages. Frozen products came in 1998 and were closely followed by fresh meat. Today, Aldi is a rapidly growing company with more than 9,000 stores across 3 continents, serving millions of people. Aldi has many day-to-day activities. Aldi spend a lot of money on marketing to let customers know of the quality products for low prices. During 2011 more than 1 million customers switched from their usual British supermarket to their German rival due to the low-cost products – this was mainly achieved by marketing. In the UK, TV adverts were introduced to inform customers of their products. Each week a brochure is produced informing of the deals to come the following week. There are various distribution centres around countries which Aldi operate in. Aldi has a “delivered fresh everyday policy”, and each day lorry loads of new goods are delivered to each store around the globe. Aldi have a

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