6/18/2015 COSTCO WHOLESALE IN 2012 : MISSION‚ BUSINESS MODEL‚ AND STRATEGY Group B10 – (b) MBA/14/3633 – W.A.D. Udaya Kumara MBA/14/3567 – H.A.D.S. Perera MBA/14/3486 ‐ Kesharika Goonawardena MBA/14/3444 ‐ Darshani R.K.N.D Question 1 : How well is Costco performing from a financial perspective ? Illustrate your answer by using key financial ratios. Financial Ratio Groups Profitability Ratios Liquidity Ratios Leverage Ratios Investor Ratios 1 6/18/2015 Profitability
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Background: Costco Wholesale Corporation was created in 1983 when its first store opened in Seattle. Costco runs on a membership warehouse concept‚ which was first created by Price Club in 1976. Now‚ though Costco has only subsidiaries in eight countries‚ but Costco is the ninth largest retailers around the world‚ and is one of the most successful discount warehouse firms in North America. In 2008‚ Costco open the store in Australia. Through the leadership of Jim Sinegal‚ Costco has been able to
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shopping was done and centralized a variety of merchandise at one central location (Tayan‚ 2003). With the introduction of 20th century operational management strategies such as Just in Time (JIT) and Lean Manufacturing‚ companies had to alter its operational efficiency and the way it conducted its business in order to grow and stay competitive. Costco Wholesale Corporation entered the wholesale club industry in the early 1980s (Tayan‚ 2003). The idea behind a wholesale club was to maximize profits by minimizing
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Costco Costco Wholesale Corporation is the largest wholesale club operator in the United States. Costco stores offer discount prices on an average of about 4‚000 products‚ ranging from alcoholic beverages and appliances to fresh food‚ pharmaceuticals‚ and tires‚ making it fall into other type of industry; Warehouse Clubs & Superstores. To shop at Costco‚ customers must be members -- a policy the company believes reinforces customer loyalty and provides a steady source of fixed revenue (Hoover’s
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COMPANY PROFILE Costco Wholesale Corporation REFERENCE CODE: 7EE0FB19-6C6E-4865-AFD1-D601275DC508 PUBLICATION DATE: 30 Aug 2012 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Costco Wholesale Corporation TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts.................................................
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Are we winning the war on terrorism? There are two different views on how we should deal with terrorism in the long term. The first view being that we should destroy everything and everyone in that terrorist group or anyone working with them. The second view being that we should eliminate the root causes of terrorism on a global level. Even if you can decide on which view to choose‚ how do know if you are winning the war or not? Is it how many terrorist attacks have arisen since 9/11 or do you go
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Advantage and Sustainability Analysis � INTRODUCTION Costco Wholesale opened its first store in Seattle‚ Washington in 1983. Founders Jeff Brotman and Jim Sinegal had a simple yet powerful idea: allow people to save on basic necessities and consumer staples while taking advantage of special offers on high-end luxury items and durable goods. With $71 billion in sales and more than $1 billion in net income for their latest fiscal year‚ Costco is the leading player in the warehouse club segment of
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Mission and values Candor Differentiation Voice and Dignity 2. Your company-which includes Leadership Hiring Managing people Parting ways Change Crisis management 3. Your competition-which includes Strategy Budgeting Organic growth Six sigma 4. Your career-which includes The right job Getting promotions Hard spots Balancing between work and life Summary and general perspective Welch starts out by explaining what a mission
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Head Girl Speech Good afternoon fellow panthers‚ first I would like to thank my parents‚ siblings and friends for their countless hours that they have put towards my Head Girl campaign. Without their help and support I know this campaign would have not been as successful as it is. For those of you who aren’t familiar with me‚ my name is Grace Kennedy and I would be truly honoured to be your next Head Girl. Now I know everyone has their own interpretation on what a head girl is. But I have recorded
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MY SPEECH AT IB AWARDS 2012‚ LEAD CITY UNIVERSITY A SPEECH DELIVERED BY OSUNRINDE TEMIDAYO JOHN (OVERALL BEST POET IN THE IB POETRY AWARDS 2011) AT THE THIRD EDITION OF THE IB POETRY AWARDS ADELINE HALL LEAD CITY UNIVERSITY The Royal father of the day‚ OBA SAMUEL OSUNDINA ODULANA ODUGADE 1‚ the Olubadan of Ibadan land‚ the president federal republic of Nigeria‚ honorable minister for education‚ the Executive Governor of Oyo state‚ Senator Isiaka Abiola Ajimobi‚ Oyo state first lady‚ Mrs. Florence
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