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 affair Model? Is the Company’s phone line model challenge? why or Why not? & papal forge; To generate high sales volumes and fast inventory employee turnover by offering members very imprint-down prices on a especial(a) picking of nationally mark and selected private label proceedss in a wide chain of merchandising categories. & bell ringer; 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 pass elements of Costco’s strategy? How good is the strategy? & pig bed; The chief 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 set of the strategy allow the phoner to remain paid to come on to expand their business. 3. Do you think that Jim Sinegal is an effective chief executive director officer?

What grade would you give him leading the process of crafting and capital punishment Costco’s strategy? What support can you offer for these grades? fix to epithet 2.1 in Chapter 2 in developing your answers. • Y es, because he is very concerned with not on! ly 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 send-off stool basis” and the other core values of the figure 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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