Costco Case

COSTCO CASE #1 [pic] Thursday, September 10, 2009 Team #3 Danielle Barnes, Lauren Gardner, Kimona Tolbert, La’Berrick Williams MGT: 516 Strategic Management professor Jerry Mitchell Assignment Questions 1. What is Costco’s seam Model? Is the Company’s personal line of credit model challenge? why or Why not? & papal papal bell ringer; To generate high sales volumes and fast inventory employee turnover by offering members very depression-down prices on a especial(a) extract of nationally mark and selected private label intersection points in a wide chain of merchandising categories. & atomic number 29; Yes, because they nuclear number 18 able to sell confine selection of nationally branded products for low prices. In aftermath of the low prices Costco is able to sell more volume, which increases conjunction profit. 2. What are the point elements of Costco’s strategy? How good is the strategy ? • The top dog elements of the Costco’s strategy are low prices, limited product line, limited selection, and a “treasure hunt” shop environment. • This is a very good strategy because the report value of the strategy allow the federation to remain paid to touch on to expand their business. 3. Do you think that Jim Sinegal is an effective chief decision maker officer?

What grade would you give him leading the process of crafting and penalize Costco’s strategy? What support can you offer for these grades? resuscitate to epithet 2.1 in Chapter 2 in developing your answers. • Yes, because he is very conce! rned with not only the business and bon ton strategy and its profitability, but he also has a major concern for the Costco employees and their needs. He lives by the Motto of the company” cosmos a Company that is on a beginning stool basis” and the other core values of the work out of ethics. • I would give Jim Sinegal the letter grade of and “A”. He is very hand on in managing the company’s success with management and frontline...If you want to get a bountiful essay, order it on our website: BestEssayCheap.com

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