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(on stakeholders) The following is an excerpt from FedEx's Annual Report for the fiscal year...

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(on stakeholders) The following is an excerpt from FedEx's Annual Report for the fiscal year ending May 31, 2015. In the Chairman's Letter. Fred Smith said: FY15 was a transformative year for FedEx with outstanding financial results, more powerful customer solutions, and actions to generate increased long-term value for shareowners. Record adjusted earnings were driven by higher volumes and improved base yields from each transportation segment Here are a few of the FedEx team's major accomplishments this past fiscal year: We're on target to achieve the goal of the FedEx Express profit improvement plan we outlined in FY13 - to exit 2016 with a run rate of $1.6 billion in additional operating profit from the then FY13 base results The primary audience for the Chairman's Letter is which type of stakeholder? a. Capital market stakeholders b. Product market stakeholders Oc Organizational stakeholders 6. Those labeled other stakeholders in the module

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