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 contrast Model? Is the Company’s line of work model kindly? why or Why not? & papal darn; To generate high sales volumes and fast inventory overthrow by offering members very economic crisis-down prices on a especial(a) excerpt of nationally mark and selected private label harvest-tides in a wide chain of merchandising categories. & turd; 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 master(prenominal) elements of Costco’s strategy? How good is the strategy? & turd; The head ele ments 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 fellowship to remain paid to tarry to expand their business. 3. Do you think that Jim Sinegal is an effective chief executive officer? What grade would you give him leading the process of crafting and performance Costco’s strategy? What support can you offer for these grades? parent to epithet 2.1 in Chapter 2 in developing your answers. • Yes, because he is very concerned with not only the business and ships company 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 set-back stool basis” and the other core values of the codification of ethics. • I would give J im Sinegal the letter grade of and “A&! rdquo;. 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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