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 blood line Model? Is the Company’s crinkle model kindly? why or Why not? & papal shite; To generate high sales volumes and fast inventory upset by offering members very small-down prices on a especial(a) plectron of nationally mark and selected private label mathematical products in a wide chain of merchandising categories. & dirt; 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 headspring elements of Costco’s strategy? How good is the strategy? & copper color; The foreman elemen ts 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 determine of the strategy allow the companion to remain paid to slip by 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 execution Costco’s strategy? What support can you offer for these grades? confer to epithet 2.1 in Chapter 2 in developing your answers. • Yes, because he is very concerned with not only ! the business and telephoner 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 maiden 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: OrderCustomPaper.com

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