Multiple choice

Frederick W. Smith founded of which of the following companies?

  1. FedEx

  2. Costco Wholesale

  3. XTO Energy

  4. DHL
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A Correct answer
Explanation

Frederick W. Smith is the founder of FedEx (Federal Express), which he established in 1971. He revolutionized the logistics industry with his hub-and-spoke distribution system. Costco Wholesale, XTO Energy, and DHL are different companies - DHL is a competitor founded later, while Costco and XTO Energy are in different industries altogether.

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