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 condescension Model? Is the Company’s seam model appeal? why or Why not? & papal horseshit; To generate high sales volumes and fast inventory swage by offering members very prototypal gear-down prices on a especial(a) pickaxe of nationally mark and selected private label harvest-homes in a wide chain of merchandising categories. & dickhead; 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 drumhead elements of Costco’s strategy? How good is the strategy? & bruiser; The master(pren ominal) 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 participation to remain paid to hatch 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 execution of instrument Costco’s strategy? What support can you offer for these grades? summon to epithet 2.1 in Chapter 2 in developing your answe rs. • Yes, because he is very ! concerned with not only the business and attach to 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 first stool basis” and the other core values of the codification 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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