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Costco Wholesale Corporation Executive Summary

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Costco Wholesale Corporation (COST) is a global retailer with warehouse club operations in eight countries. The company has reported revenue of $129,025,000,000 in fiscal year 2017. The company has a liquidity ratio of 1.4 and a debt to asset ratio of .7. The company continues to have strong sales and shows an ability to meet future financial obligations. The company has a return on assets ratio of 1.9. Sears Holding Corporation (SHLD) is a parent company of both Kmart Holding Corporation and Sears, Roebuck and Co., with revenue of $22,138,000,000 in fiscal year 2016. The company has faced challenges over the last few years and is operating at a deficit. SHLD has a liquidity ratio of .9, which means they may have difficulty in
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Costco is a global membership-only warehouse that provides high-quality, branded goods to its club members at discounted prices. In Emma Koehn’s article “From meat to muffins, Costco strikes a chord with fresh food offer” on September 10, 2023, it discusses the growing appeal of Costco to Australian consumers. It highlights that Costco is not only attracting more members due to the increasing cost of living, which is pushing shoppers to seek more affordable alternatives, but also because it offers a diverse range of high quality products beyond food, including household items and electric appliances. This essay will therefore discuss how Costco explores the market and creates unique value for its large consumer groups in detail.

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Introduction to Business Costco Wholesale Corporation is a warehouse club retail store. Consumers should join Costco membership to enjoy their cheap price products and services. Costco was founded by Jim Sinegal and Jeffrey H. Brotman in Seattle in September 1983. Membership fees and a tiny portion of retail sales are how Costco makes money. Costco Wholesale Corporation. 2024.

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Organizing The organizing function of management is a critical part to successful operations at Costco Wholesale. The overall organizational structure of Costco Wholesale follows the mechanistic approach to structure. This approach is one used for a bureaucratic organization. Organizations who employ such structures have a high level of formalization, centralization, and specialization (Robbins, Decenzo, & Coulter, 2013, pp.

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