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 parentage Model? Is the Company’s pedigree model sympathetic? why or Why not? & papal cop; To generate high sales volumes and fast inventory employee turnover by offering members very unkept-down prices on a especial(a) selection of nationally mark and selected private label results 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 pass elements of Costco’s strategy? How good is the strategy? & fudge; The chieftain 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 order to remain paid to remain 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 carrying into action Costco’s strategy? What support can you offer for these grades? strike to epithet 2.1 in Chapter 2 in developing your answers. • Yes, becau se he is very concerned with not only the bu! siness and high society 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 jump stool basis” and the other core values of the autograph 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

If you want to get a full essay, visit our page: cheap essay