BUSINESS RESEARCH ON COSTCO WHOLESALE CORPORATION PRESENTED TO: TIM CARROLL PREPARED BY: YUZHEN LIN ID# 122629 CHENGKAI LV ID# 126218 February 14‚ 2014 TABLE OF CONTENTS 1. Executive Summary............................................................................................. 2. Company Analysis 3. Industry Analysis..............................................................................................
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Introduction Costco is the fifth largest general retailer in the United States. Currently‚ it operated 608 warehouses‚ of which 439 are in the United States and the rest are in Puerto Rico‚ Canada‚ Mexico‚ UK‚ Japan‚ Taiwan‚ Korea and Australia. They also have an online business as well as‚ Costco Travel to complement their warehouse operations. Costco actually focuses on selling their products to customers as a lower They gain an estimate of over $70 billion USD (2008) are generated through
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Costco is a retail warehouse wholesale club that offers a wide variety of quality brand-name merchandise. The founders James Sinegal and Jeffrey Brotman opened the first warehouse in Seattle‚ Washington in 1983. Keeping costs down and passing the savings on to the members has been their operating philosophy. (Costco‚ n.d.) Today there are more than 600 warehouses worldwide with sales exceeding $64 billion. (Costco‚ n.d.) With a yearly membership fee ranging from $35.00 to $100.00‚ this provides
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company we are going to analyze today is Costco. Before our introduction‚ let’s first watch a video. Firstly‚ we will introduce the overall background information of Costco. Secondly‚ the vision and mission of Costco will be analyzed. Thirdly‚ we will talk about how did they come up with their dreams. Fourthly‚ the analysis about the strategic objectives will be given. Lastly‚ we will identify the challenge Costco is facing and give our recommendations. Costco is a membership wholesale club based in
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Stakeholder Conflicts in Organizations Chris Lindquist Grand Canyon University: ORG-807 June 25‚ 2013 Introduction This paper will discuss how non-profit and for-profit organizations manage the interests‚ opinions‚ and concerns of their stakeholders. Additionally‚ this paper will address the management differences that exist between for-profit and non-profit organizations. A set of research questions will be presented to research the effectiveness of the management techniques employed
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In this essay ‚some theories about stakeholder‚stakeholder analysis and stakeholder mapping will be disscused.Outlining the main ideas ‚pointing out the strenght and limitation will be the tasks of the first parts of the assignment.Then apply the knowledges to certain higher education instituion (in this case‚ the University of Essex) later in the essay.More analysis and comparison can be found in this part. First of all‚the definition of stakeholder.In other words‚who are they?The answer can
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The Stakeholder Theory of the Corporation: Concepts‚ Evidence‚ and Implications Author(s): Thomas Donaldson and Lee E. Preston Source: The Academy of Management Review‚ Vol. 20‚ No. 1 (Jan.‚ 1995)‚ pp. 65-91 Published by: Academy of Management Stable URL: http://www.jstor.org/stable/258887 Accessed: 20/04/2010 23:08 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms
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strategy? 1） A chief element of Costco is to allow members to buy high quality items with low-price. 2) • Costco always let the customer find a comparable point in price. So Costco always provide some items easy to see in other supermarkets‚ and set a lower price. So Costco’s customers can easily make comparisons when shopping. This can enhance the value of customer good impression. And feel really affordable. Then feel the shopping value that Costco provide. • Costco make the return policy become
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(ASSIGNMENT TEMPLATE – ENGLISH VERSION) STAKEHOLDERS (COVER PAGE) OUMM 3203 Tables Of Contents Part A: Introduction – Organisation background Part B: Market Stakeholders for BIFF Sdn Bhd 1. Supplier 2. Customer 3. Employer Part C: Non Market Stakeholders for BIFF Sdn Bhd 1. Local Community 2. Media 3. Government Part D: Suggestion on how to develop and maintain the relationship with identified stakeholders 1. Have a direct dialog 2. Provide variety of monitoring method
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Costco Case Analysis Costco Case Analysis Costco was established in 1983 by Jim Sinegal and Jeff Brotman. Together they established Costco as the leading wholesale company in the United States and have moved its operations into the international market. Just like many successful companies they established a strategy that has allowed them to obtain an advantage over their competitors and gained a market share which includes but does not limit them to a more affluent clientele. In this review
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