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What is costco basic business model

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Reference no: EM132545048

There is no more information to provide. This is on the base knowledge about Costco

a. What is Costco's Basic Business Model? (Hint: defines the firm's strategy and operating approaches to customer value creation)

b. What is Costco's sustainable competitive advantage? (Hint: why do customers buy from Costco over their competitors?)

c. Looking at Costco's strategy, what is the most important factor? WHY?

d. Looking at Porter's Five Forces model, which of the force(s) is of most concern to Costco? Why?

e. Looking at the Resource Based Model, what resources does Costco use to compete in the marketplace? (Hint: what does Costco do better than anyone else in the world?)

f. Per the Value Chain Model, how does Costco add value to its customers?

g. Is Costco a First, Second or Late mover in the marketplace? How does this play into Costco's strategy?

h. What is Costco's Generic Competitive Strategy? (Hint: Review Porter's Generic Competitive Strategies Model)

 

 

Reference no: EM132545048

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