Taking A Look At Ups's My Choice

The behavioral as well as the demographic lifestyles of the consumers in an economy varies across the different groups. The aim of the company is position this service at a target market, specifically a group of potential buyers. For this particular service UPS will target consumers of a certain demographic for the statistical characteristics of a population. The target customers are the residential customers who do most of their shopping online, because of their lifestyle characteristics, which is the need for flexibility to easily fit package delivery into their busy daily lives. The “My Choice” service helps UPS to have a competitive advantage over its competitors by being able to offer companies quick and successful shipments, which will

They see logistics as having a much bigger role in retail success, and to help themselves better navigate through the e-commerce way, online merchants rely on package delivery companies such as UPS to make the final connections to their customers. As a result, UPS’s My Choice will help with the increased demand for its business and even the customers that struggle to keep up its capacity during times of heavy shipping orders. UPS is also distinct in how it structures the operations. The company manages all its businesses, such as air, ground, domestic, international, commercial and residential, through a single pickup and delivery network. The sharing of a single network structure has allowed UPS to gain competitive strengths by maximizing network efficiency and asset

Use a narrative with a table to show calculations for cost categories. Provide reasonable estimates for each of the categories. Specific or in-depth financial analysis is not.

Fixed costs refer to the expenses that are incurred by the company but they do not change when there is either an increase or a decrease in the amount of the goods that are produced or sold. The company has to pay these costs independent of the business activity. On the other hand variable costs refer to the costs that are incurred by the company and vary with the level of output produced. The variable costs increases when the level of production rises and they decrease with the fall in the level of production (Harris, 2014).

The fixed and variable costs fit with the goals of the objectives of the organization for the time being and the long term in that the expenses in the short run are generally gathered in the creation procedure. The fixed costs don't affect the short run costs and the generation in the short run is just influenced by the variable expenses and the income. The variable expenses have the capacity of changing the level of the output. Examples of the fixed costs are damage protection, insurance for loss merchandise, Registered shipping that provides maximum security. Includes proof of sending at time of shipping and the date and time of delivery or attempted delivery. while on the other