What are the chief elements of costco strategy

Assignment Help Operation Management

Reference no: EM132271064

Case Study Directions

Read Case #2, “Costco Wholesale in 2017 Mission, Business Model, and Strategy” in your text.

Write a 5-7 page paper answering the questions below.

At least 2 references of an academic or scholarly source is required for this case study paper.

Use APA writing style for in-text citations and each reference source that you use. Remember, all wording that is not your own must be cited.

Use headings to format the paper (not the questions).

Use 12-point Times New Roman font, 1-inch margins, and double-spacing.

Note: In addition to the above listed requirements, assignments are graded using the Case Study Assignment Rubric included at the end of this syllabus and also available in the Blackboard classroom

Case Study Questions

What is Costco’s business model? Is the company’s business model appealing? Why or why not?

What are the chief elements of Costco’s strategy? How good is the strategy?

Do you think Jim Sinegal was an effective CEO? What grades would you give him in leading the process of crafting and executing Costco’s strategy? What support can you offer for these grades? How well is Craig Jelinek performing as Sinegal’s successor? Refer to Figure 2.1 in Chapter 2 in developing your answers.

What core values or business principles did Jim Sinegal stress at Costco?

Based on the data in case Exhibits 1 and 4, is Costco’s financial performance superior to that of Sam’s Club and BJ’s Wholesale?

Does the data in case Exhibit 2 indicate that Costco’s expansion outside the U.S. is financially successful? Why or why not?

How well is Costco performing from a strategic perspective? Does Costco enjoy a competitive advantage over Sam’s Club? Over BJ’s Wholesale? If so, what is the nature of its competitive advantage? Does Costco have a winning strategy? Why or why not?

Reference no: EM132271064

Questions Cloud

About how technology changes ones way of life : Discussion topic for this module is to think about how technology changes ones' way of life and cultures it comes into contact with, both positively-negatively

High quality infrastructure in successful strategic planning : Using an example, analyze the importance of having high quality infrastructure in successful strategic planning.

What responsibilities do businesses have to their customers : What responsibilities do businesses have to their customers, the environment, employees, investors, other stakeholders, etc.? Which is the most important?

Describe interdependencies and relationships of pm processes : Describe the interdependencies and relationships of the PM processes as described in the book

What are the chief elements of costco strategy : What are the chief elements of Costco’s strategy? How good is the strategy?

External factors discussed in text that influences business : Preparation Select one of the external factors discussed in the text that influences business.

Recalls on mass-produced commercial dog food : Scenario Between recalls on mass-produced commercial dog food and a general understanding of the benefits of a healthier diet for pets,

Difference between tangible and intangible project benefit : What is the difference between tangible and intangible project benefit? How can organizations assign value to intangible benefits of socially relevant projects?

Functions of management to achieve your performance goals : Describe how you will use the four functions of management to achieve your performance goals in your current work or volunteer position.

User Account

All Pages