- The first chapter of your textbook begins with a quote from Jack Welch, former CEO of General
Electric: "Strategy means making clear-cut choices about how to compete." Do the efforts, actions, and practices of Costco support Welch's statement? Explain your answer. Be specific, and provide examples to support your views in your response.
- One of the planks in Costco's principles and operational approaches states that the firm "take[s] care of our employees." Do Costco's compensation and workforce practices align with this principle? Explain your answer.
- Does Costco enjoy a competitive advantage over BJ's Wholesale? If so, what is the nature of its competitive advantage? Does Costco have a winning strategy? Support your answer.
- For a set of organizational strategies, goals, and objectives to have a chance of success there must be pervasive support by/from the organizational culture. Which of the practices of Costco do you feel has the most direct influence on its business culture? Explain the foundation for your response. Is the nature of that influence positive or negative for Costco's organizational culture? Support your position.