Got a tricky question? Receive an answer from students like you! Try us!

COSTCO - Essay Example

Only on StudentShare
Author : dereck05

Summary

Costco company deals with various activities in assorted countries and is devoted in offering their customer quality services at affordable prices. The company provides a range of merchandise and storage departments that are designed to make shopping exercise enjoyable because it ensures the guarantee of satisfaction to its customers. …

Extract of sample
COSTCO

It deals with diverse people in various regions, and the need of workforce diversity is essential in the company to promote efficiency. Meanwhile, the company is concern with the quality of its products and services in that it values management training in order to improve the skills and understanding of employees. The Leadership styles are extremely essential in the management of the company because enhance the performance of the company. Thus, the paper will evaluate the management training, workforce diversity and the Leadership styles of the Costco in its operations. Management of training and workforce diversity Workforce diversifies in Costco deals with the adjustment of labor force and the way employee relate to each other at the workforce. The company promotes management of workforce diversity efficiently by creating an environment that evaluates unique qualities of each worker that help the company to achieve its goals and vision (Barak, 2010). Meanwhile, it involves in workforce diversity training that introduces the knowledge and essential skills in the organization. The company provides a forum that assist participants to enhance their understandings in their fields. ...
Download paper

Related Essays

Business Strategies
Therefore, it is capable of getting large and deep discounts from the suppliers, thus giving the company an augmented purchasing influence as compared to the retailers. By making more sales and fast stock turnover, the company collects imbursement from clienteles before the dealers payments due date (Thompson, 2009). Hence, Costco gets more markdowns on cost and pass the reserves on to the consumers by reducing the prices. Additionally, the threat of out of date stock, one of the foremost fiscal problems, is reduced. The main fundamentals of Costco’s policy are a reduced price, restricted…
7 pages (1757 words)
Question 1&2&3
This takes the form of controlling cargo storage and distribution via the most relevant ways. Product quality is fundamental to the undertaking of these activities, and therefore only the best company in terms of its logistics is chosen. c) Internal coherent and competent logistics should be accounted for in considering any given company. Such a company should be pursuing entries into newly opened market opportunities. Resource portfolio of the company is important in determining the strategy to adopt. Where resources are not adequate, internal strategies may be adopted, but this may…
3 pages (753 words)
The Internal Analysis for Costco in US
The corporation currently operates approximately 387 warehousing-shopping clubs in United States. This has played a great role in creating trust among the target market an aspect that has increased the corporations resources (Costco wholesale, 2010). Another resource that Costco is proud of is the brand name. The corporation has been able to invest heavily in its brand name. This has been through intense advertisement in order to familiarize the name with the market. As a result, the brand name acts an important asset that the company owns. In addition, the brand name plays a great role in the…
Internal Analysis and Strengths & Weaknesses for Costco in US
Firstly, Costco US’ organizational structure experienced a dramatic change when its depot restructured its working hours by reducing them from 16 to 9 operational hours a day. This streamlined their entire working schedule by saving them on the employment remuneration packages. In addition, the company resorted to readjusting their day-to-day operations to fit into their new working timeline. This increased the efficiency of all employees who had to maximize their efforts in order to keep up with the demands brought about by their new working schedules (Hoovers, 2012). Secondly, Costco’s…
Business Analysis of Wal-Mart
Wal-Mart is among the top ranked discount stores in USA and it is also leader of the country’s retail industry.The store was the first one to introduce the concept of providing low price goods and services to customers at their convenience by locating its stores nearby customers’ residency. The store was the first one to introduce the concept of providing low price goods and services to customers at their convenience by locating its stores nearby customers’ residency. In 1962, first Wal-Mart store was opened in Rogers, Arkansas. According to Freeman (2006), Wal-Mart is given the top…
Costco's Management Style and How the Business Operates
Managerial functions refer to a set of practices that can enable the organizations to successfully accomplish their predetermined business targets. The organizations of the present business world tend to highly focus on developing as well as designing effective and well-built managerial functions that can lead them towards sustaining in this competitive financial market. The managerial functions are regarded as the primary factors of an organization that incorporates major set of practices like planning, organizing, leading as well as controlling that can lead them towards accomplishing their…
8 pages (2008 words)
Why is there Large Employee Turnover Rate at Wal-Mart?
Although the figures for employee turnover for Wal-Mart are not readily available there is a lot of information to indicate at the least that employees are not happy and that the turnover intent is high. In fact, the company has been faced with a number of law suits relating to sex discrimination and working overtime without pay. Wal-Mart is currently one of the most influential and respected company which is synonymous with that commanded by the manufacturing giants of the twentieth century Lichtenstein (2009). The company is in position number 15 on Forbes List as a Global 2000 Leading…
18 pages (4518 words)