Working At Costco Case Study

Well for starters it's an honor to work at one of the top fast food restaurants in the industry. With people who I enjoy working with and mangers who appreciate you and everything that you do. I enjoy working at Chick-Fil A and how much respect you gain for yourself and the store people look up to CFA customers and that's pleasure being told that.

As mentioned earlier, Costco’s code of ethics devotes the first section of the document to addressing compliance with laws and regulations. Being an enterprise that does business in various areas, the code makes it a mandate to comply with the laws of every community Costco operates in. Compliance with product safety and security standards, ecological standards, labor laws, antitrust laws, and corporate reporting and disclosures with the SEC and public communications are the major legal elements addressed in the company code of ethics. In addition, the code discourages illegal and unethical behavior by directing employees and company representatives not to offer, give, ask, or accept bribes, kickbacks, or any payments to influence the government

Two existing companies that I have chosen to evaluate, one large and one small company, are Starbucks and Dutch Bros Coffee. Starbucks is a large American coffee company that was founded in Seattle, Washington. It has a revenue of $22.4 billion and currently has about 254,00 employees (Starbucks Corporation, 2017). Dutch Bros Coffee is a privately held drive-through coffee chain located in Oregon with revenue of $77 million and growing and only 170 employees (Forbes Media LLC, 2017). I thought it would be cool to see how these two companies are the same and/or differ. Through research, I was able to develop a short list of their top three competitive advantages as seen below.

Engstrom Auto Mirror Plant faces multiple quandaries associated with human behavior. Workers feel unappreciated as an integral part of the company, disposable and insignificant. Suspicion about bonus calculations, lack of transparency, job insecurity, and perceptions of inequitableness in the payment scheme have instigated uncertainty and open rebellion against the company.

In Costco’s macro-environment, a variety of factors could affect the company’s economic viability. External factors such as inflation, foreign currency exchange rates, levels of unemployment, reduced consumer confidence, and changes in tax policies could unfavorably affect the demand for Costco’s products and services. Prices of some goods and services including food products, are often variant and subject to fluctuations deriving from changes in domestic and foreign supply and demand, competition, taxes, labor costs, or delays in delivery which could significantly affect Costco’s sales. Therefore, the product’s costs and selling could also increase affecting financial results. Other important economic factors include the increasing international

Costco earned reputation for serving highest quality regional and national brand goods for the lowest possible prices. This reputation is the biggest resource for Costco. Also, Costco has strong financial resources that

One of the main opportunities Costco has is more global expansion to specific targeted countries. Although operating in many countries, Costco is heavily dependent on the U.S. and Canadian markets. It still has the opportunity to expand into the Asian and Australian markets where it has a limited presence. Costco has the capability to operate about 100 stores in Taiwan, Korea and Japan combined and about 20 stores in Australia. It currently has 41 stores in Taiwan, Korea and Japan combined and 6 stores in Australia. There is clearly room for further expansion into these regions as well as the opportunity for massive expansion into China and India. When Costco enters another country it does everything in its power

Health inequalities are preventable and unjust differences in health status experienced by certain population groups. People in lower socio-economic groups are more likely to experience chronic ill-health and die earlier than those who are more advantaged. Health inequalities are not only apparent between people of different socio-economic groups – they exist between different genders and different ethnic groups (“Health inequalities,” n.d.).

How many companies treat their employees the right way, and how many of those employees love the company they work for? Jobs that pay well are hard to find, but jobs that have good benefits, good employees, and work out in the community are the hardest to find and this is the kind of business or company to look for to make work seem like fun and not so dreading all the time. It always helps to know what kind of company it is before deciding whether it is able to be a long term job or a short term job. However, it is not always about finding the easiest job to get or the money that the company pays, but more about these three key elements of a company that makes employees want to stick to their job

I will advice Jane and Chris to communicate with the employees and make sure what the reason behind the problem. Also, speak to the employee one on one so they can be more comfortable and talk openly. Communications and keeping the employees informed with the changed that the company undergoes it’s important to gain their trust. I will advice Chris to meet with the employees and ask them if they are satisfied with their job or what can he do to help them. The manager should maintain a good relationship with the employees so they can address their concerns more openly with the manager. Employee joins union because they are dissatisfied with their jobs, wage or the working conditions are poor (Niles 2013). Focusing on the employees

What are the two types of core competencies that drive a firm’s competitive advantage? Which firms demonstrate a clear competitive advantage because of (a) major value-creating skills/core capabilities and/or (b) superior assets or resources? Which firms have demonstrated sustainable sources of competitive advantage?

In conclusion, for businesses to be ethical in small ways, may not seem to effect the community or the consumer. However, in the example of Costco, it made a difference to many people having a job during the recession was life changing. In doing so Costco has gained valuable employees and customers for years to come. On the contrary, Wells Fargo lost millions of dollars by allowing unethical practices to continue for years. In doing so Wells Fargo lost consumer

Human Resource Management: Starbucks is known for its exceptionally learning base workers. They are the primary resources of the organization and they are given incredible advantages like investment opportunity, retirement records and a sound society. This successful human capital administration interprets into extraordinary client administrations. It was evaluated 91st in the 100 best work environment for by Fortune

1) Starbucks is a company that has been in the coffee industry for a long time. It continues to enjoy a leading position in the United States, which is its home country where it sells approximately 50% of the specialty coffee that is sold in the United States for many years. The company has continued to dominate the industry as well as its local competitors. Its generic competitive advantage emanates from its high-quality coffee, which helps to differentiate it from its competitors. The company is very keen on ensuring that its coffee is different from the rest of the competitors. The process starts by bean procurement where it selects the highest quality beans that are firmly specialty varieties of Arabica beans. The company inspects the brews to ensure that it matches the flavor, taste, and aroma that it needs. This consistent way of giving customers the same taste of quality coffee has served a competitive advantage to this company. Further, the company places its cafes and restaurants in strategic places where customers can see it. It does not need to invest a lot of money in advertising since customers recognize its brand using its unique LOGO (Melissa 260).

To explore the relationship exist among these factors, employee performance, food quality, price, physical environment and customer satisfaction with the help of literature review.