GAP Analysis Business Structure Every organization needs a structure to operate and develop. It is the configuration of authority positions and relationships within the business. The Business Structure is vital for a company’s performance and efficiency. It must be correctly designed and adjusted to the environment of the business. In order for the company to achieve its purposes and respond to the constant changes in trends and demands‚ a more flexible structure is more suitable. * Hierarchy
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1. Describe the culture at Costco. Organizational culture has been described as shared values and beliefs that underline a company’s identity. A strong culture that encourages employees from the top to the bottom in adaptation and change can increase organizational performance by energizing and motivating employees‚ shape behaviors‚ unify personnel in the goals / objectives and align employee’s actions with the priorities of the company (Daft‚ R.‚ 2013). Creating a constructive culture should
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Costco wholesaler is a membership warehouse‚ which was founded in 1983 by Jim Sinegal and Jeffery Brotman in Seattle Washington. (Thompson Jr. 2009) They are still located in Washington‚ but their headquarters are now located in Issaquah. Since 1983 Costco has grown to have 725 retail stores worldwide and 506 of them are within the Unites States of America alone. These stores employ up to 200 000 employees and on average are paid $20.98 dollars compared to other stores such as Walmart who pay their
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Perception Gaps With McDonalds McDonald’s‚ one of America’s favorite fast food brands‚ has very mixed reviews from its consumer base. As a result‚ several gaps in consumer perception of service vs management perception of service have developed. This starts with the initial experience at the register when the customer places their order. The average American expects quality service from food service establishments. This means that they expect to be treated with value and with respect. However‚
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the gender pay gap and gives some common perceptions about the issue. I attempt to explain the reasons behind the gender wage gap between men and women by briefly looking at the issue historically and explain some theories and studies as it relates to employers preference‚ education and career choices.
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Introduction The wage gap is a controversial topic. Some may believe there isn’t anything wrong and others may think something needs to be fixed. The biggest areas of concern are the differences between men and women’s pay and the differences between each races pay. Also another topic of discussion is the reasons why there is even a gap in the first place. So a few things to think about throughout this paper are: What is the real gap between men and women’s pay? What is the real gap between each race
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The unique requirements of the additional 3P’s—people‚ physical evidence‚ and process are driven by the particular characteristics of service—intangibility‚ inseparability‚ variability‚ and perish ability. These characteristics also pose more marketing complexities which require different management activities. All services are experiences—some are long in duration and some are short; some are complex and others are simple; some are mundane‚ whereas others are exciting and unique. (Wilson‚ Zeithaml
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COSTCO Case * In 1998‚ How were membership fees recorded in COSTCO’s financial statements? The membership fees recorded as revenue when received in Costco’s financial statement in 1998 according to the cash accounting. * Was this correct? If not‚ what accounting principle does it violate? No. It violates the revenue recognition principle because they did not provide services to members when they pay the membership fee during this fiscal year. It can only record this item as unearned
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The Racial Wealth Gap The racial wealth gap consists of the wealth and asset differences between the majority race groups: Whites‚ Blacks‚ and Latino. In Forbes Magazine‚ there’s an article written by an author named‚ Laura Shin‚ about how white people have a more advantaged at obtaining more household wealth than other races. This article helps shine light on the difference in the levels of wealth acquired by different races. In this paper‚ I will be connecting conflict theories and wealth inequality
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completed around the country it now seems that there is a deep-rooted correlation between ethnic groups‚ intelligence‚ and success within school districts. There are many reasons that could explain why this achievement gap exists within our school systems. However‚ this achievement gap is mainly due to two main challenges that ethnic students have to go through every day at school and outside of school. One challenge is the fact that members of ethnic groups are treated within the schools much more
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