Strategic Case Analysis: COSTCO (Nasdaq: COST) Strategic Management MGT4340 Table of Contents 1.0.0. Executive Summary………………………………………………… 2.0.0. Company History……………………………………………………. 2.1.0. Background……………………………………………………. 2.2.0. Purpose of this study …………………………………………. 3.0.0. External Analysis …………………………………………………. 3.1.0. General Environmental Analysis …………………………. 3.1.1. Demographic Segment ………………………………. 3.1.2. Economic Segment ………………………………… 3.1.3. Political/Legal Segment ……………………………
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Costco Wholesale Corporation operates an international chain of membership warehouses‚ mainly under the "Costco Wholesale" name‚ that carry quality‚ brand name merchandise at substantially lower prices than the merchandise typically found at conventional wholesale or retail sources. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Individual consumers may also purchase for their personal needs. Costco’s
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Appendix B: Financial analysis Financial analysis is the mean to clarify most important factors that affected Costco performance and resulted in companies’ success. In order to reach that goal‚ we studied financial performance of Costco for 2008 to 2012. These data obtained from different sources such as Costco annual reports and other respectable financial sources. At some levels comparison between leading companies in the industry such as Sam’s club and Bj’s has been made. The major problem that
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Competitive Analysis SWOT analysis of Costco Wholesale Co. Costco Wholesale Corporation is the world’s largest membership warehouse club chain based on sales volume. Sales for the fiscal year ending September 30‚ 2008 were almost $71 billion (www.online.wsj.com). Costco was founded in Kirkland‚ Washington by James Sinegal and Jeffrey Brotman. Costco opened its first warehouse in Seattle‚ Washington‚ on September 15‚ 1983. Costco is headquartered in Issaquah‚ Washington (www.hoovers.com)
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Course Code: UMOCAA Course Module: Organisation Analysis Lecturer: Veronica Jayaram Essay Assignment Completed By: Mandy Low Ming Li Identity No.: S9009810A Student ID: 12040310 Word Count: Contents 1. Introduction 2. Culture Perspective 3. Mechanistic Perspective 4. Cultural & Mechanical Perspective 5. Conclusion 6. References Organization Analysis – Assignment (40%) Culture and Mechanistic An organisation’s culture is not imposed but develops through social interaction
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History Costco used to be a store under the Price Club name and it focused on serving small business at the very beginning. However‚ the company found Costco can attract a lot of non-business customers. According to Costco’s official website‚ Costco and Price Club merged in 1993 and combined together. It had 206 stores and earned $16 billion annually. In addition‚ Costco mentioned that the operating philosophy is lowing down the cost of goods sold and saving their customers’ money. Because
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Company: Costco Costco was founded in 1983 by Jim Sinegal and Jeff Brotman who were previous colleagues in California within other membership warehouse stores. “The company’s business model was to generate high sales volumes and rapid inventory turnover by offering members low prices on a limited selection of nationally branded and select private-label products in a wide range of merchandise categories” (Thompson‚ p. C-35). This analysis will review the “cornerstones of Costco’s strategy;
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Upon my investigation on Air Asia’s organization behaviour and culture‚ here are the cultures practiced in this organization number one being determination‚ whereby during a speech at the Sabah International Business Luncheon Talk 2012‚ Fernandes was quoted by the Borneo Post as saying nothing is impossible to achieve as long as there is determination. He turned around an unprofitable and small airline organization with only two airplanes to one that now has a 160-strong fleet of aircraft in only
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Organizational Culture of Geert Hofstede And The Implication Leadership - 2014 Edwin Tanbowi - 014201100096 I. Analysis Every one of us already realizes and knows that we are living in a global age. Technology has brought everyone much closer together. This means that people of different cultures find themselves working together and communicating more and more. This is exciting‚ but it can also be frustrating and fraught with uncertainty. How do you relate to someone of another culture? What do
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members. Strategic gives customers the best value‚ at the best price.” Costco’s first location in Seattle opened in 1976 under the name “Price Club.” Costco was officially founded in 1983 by two veterans of retail‚ Jeffrey Brotman and James Sinegal‚ but the first seed of Costco was sown three decades earlier by a man named Sol Price. In 1953 Price Costco Inc became extreme in the warehouse retailing industry‚ challenging Sam’s Club (owned by Wal-Mart). The member’s only club was created by Sol Price
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