Costco Code Of Ethics Case Study

In today economy the #1 way to live is finding the cheapest price on high quality products. As consumers we have to save, save and save even more to live in this world. So finding the best prices that will keep as much more in our pockets is a big deal. What better place to find rock-bottom prices on top-quality items then Costco? This place called Costco is booming in the retail industry with many different unique product category selections found, under one roof.

1.) Why did you choose this particular profession, career, company, etc.? I chose Chick fil a for the Code of ethics because chick fil a is a popular fast food restaurant that serves the best quality, and customer service against the big top competitors that have been in the industry for a longer period of time. I do not work for Chick fil a so I thought it would be interesting to learn more about the company since i frequently dine there. 2.)

I think Costco is an excellent place to work for those still in College or young in their careers. It offers a stable and satisfying environment to work with great pay and benefits. However, I do not think it is an environment that I would want to be in for my entire career. As you get promoted and are endowed with more authority and responsibility, the pay increases are minimal. Although I applaud this approach and understand that it works for the company, I am not of the mindset required to bare that burden.

Within this essay I’m going to discuss the Organizational ethic of the company that I’m currently employed with Tyson Foods. The brand I’m going to discuss is Hillshire brands which was a large company itself that was bought out by Tyson foods in 2014. Organizational ethics are the principals and standards by which businesses operate. They are demonstrated through the acts of fairness, compassion, integrity, honor and responsibility. The key for the companies managers and executives to ensure that all employees understand these ethics. One of the best ways to communicate organizational ethics is by training employees on company standards.

First and foremost, Whole Foods obtains many factors that make this company appealing to work for such as their focus on employees and not profit, social responsibilities, and aesthetic leadership. Whole Foods focus on employees is substantial to their success. They hire skilled, good people and they ensure that they succeed within the corporation (Kreitner & Kinicki, 2013). Also, Whole Foods offers employee benefits, which in today’s economy, is becoming rarer by the day. Every year Whole Foods allows employees to elect different benefits, if everyone agrees on that benefit, it gets added on to their list of benefits (Davis, 2012).

Ethical and Socially Responsive Business Bruce Carter Principles of Management – MGMT 3101 Dr. Yolanda Ogletree January 24, 2018 As legally required The Cheesecake Factory Incorporated has a Code of Ethics and Code of Code of Business Conduct. The Code of Ethics and Code of Business Conduct assures compliance with the Sarbanes – Oxley Act for companies whose stock is publicly traded. The Code of Ethics and Code of Business Conduct also assures the success of The Cheesecake Factory Incorporated. The implementation of the Code of Ethics and Code of Business Conduct is pertinent to being an ethically and socially responsive business. There are many key significant areas of the Code of Ethics and Code of Business Conduct.

Chipotle has behavior norms in which its employees are expected to display within the restaurant, this includes official characteristics the firm requires them to exemplify (parature.com). These characteristics can be found in table #, they are not only important for customer service but also the career path that Chipotle provides for its top employees. Chipotle has a reputation for great customer service because they understand that they are only as strong as their strongest employee therefore they pay their employees on average more than their competitors. For example a line cook at Chipotle makes $10.93/hr while its direct competitor Moe’s Southwest Grill pay their line cooks only $8.38/hr

Team A Amanda Nazario, Andrew Pierson, Jamie Watson, Nardia Martin HCS/335 Code of Ethics Paper Patty Daugherty 11/07/2016 The American Red Cross is an independent humanitarian organization whose sole purpose is to assist the community and the world in a time of need. It has been established and helping many people for many years. The American Red Cross is the crisis responder when there is a natural disaster such as a flood, tornado, wildfire, and even the small house fire. The American Red Cross is there to assist the people who have just experienced such a traumatic moment in their lives and help them to get back on their feet.

As a grocery store, Wal-Mart is faced with fierce competition. New companies may enter the industry and the products of Wal-Mart are faced with various substitutes. These threats urge Wal-Mart to pay more attention to its customer satisfactory. The company should also increase its uniqueness and customer loyalty. Membership may be a good way to do this.

The company values its employees, and this has helped the company in performing well in the market. Treating employees in a fair manner and compliance with labor practices has been a tremendous competitive advantage since it encourages motivation and high performance. 2) Choosing high-quality coffee beans is an

Costco is high aggressiveness retail firms due it sells

The happiness of staff helps create loyal and hardworking employees and this is very hard to build for many communities. The culture of Trader Joe’s is unique in terms of organization. The Culture of happiness is a key and at the same time an evidence of sustainable success. But as the community gets bigger and bigger it may be challenging to sustain it in the future. 4 - How would you modify Trader Joe’s strategy going forward?

Specifically, Ralph’s (similar stores are Vons and Albertson’s) and Whole Foods (similar stores are Gelson’s and Trader Joes) are two firms that utilize cost leadership and differentiation. On one hand, we have Ralph’s using cost differentiation by providing a broad range of merchandise at a decent price. On the other hand, we have Whole Foods that has implemented a differentiation strategy by marketing their merchandise as healthier (organic). The trade of for both companies is that they are attracting less consumers by just marketing to a specific crowed. For instance, if Whole Foods had lowered their price and still sold premium merchandise, soon Ralph’s would be in trouble.

For example, Chick-Fil-A employees go the “second mile” by, “retrieving dental appliances from dumpsters or delivering smartphones and wallets that customers have left behind.” Lastly, Chick-Fil-A gives customers something to do by offering luring promotions, both ones that are well known and ones that are more secret. As consumers, Chick-Fil-A

It has been able to identify the dynamic wants of customers and compete with physical store rivals as well as its E-Commerce rivals such as Amazon. This is well showcased from Wal-Mart’s newest strategy of keeping its online prices almost on par to that of Amazon’s. It was seen that Wal-Mart kept its products priced just 0.3% higher than Amazon's listings, clearly exhibiting the company's endeavors to gain a significant market share during the festival