Question

In: Economics

a large UPS company --UPS Describe its market in which it competes

a large UPS company --UPS Describe its market in which it competes

Solutions

Expert Solution

Commonly known as UPS, United Parcel service founded in 1907 is the world leading American multinational packing delivery and logistic company with operations in around 200 nations globally. It also provides supply chain management explications. It deals in services such as
1) Consumer based services
2) Merchandise
3) Medical management etc.

Market
The packing delivery market is ever growing market. It is full with competitors always trying to provide and expand services based in order to gain access. Some of the market sharers include
United states Postal service
FedEx
Canada Post
Trans Force

The package delivery market generally revolve around provision of various services such as
Delivery (Domestic): This includes delivery of mails, letters and various important documents within the United states.
Delivery (international): This market's services are expandable to global frame as well. Like other companies, UPS has accomplished providing international services in the form of delivery even outside of United states.
Supply chain expertise: The market really outdoes itself in offering customers services regarding logistics, transportation and shipping freight through ocean,air and ground.


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