SlideShare a Scribd company logo
1 of 17
My cap stone project is below
(My proposed Capstone project is
In hospitalized adult patients, how does an educational program
on central line management compare to no educational program
in the prevention of central line-associated bloodstream
infections?
P: Patients with Central lines in MICU or hospitalized
I: educational interventions for staff and patients.
C Educational program compare to no educational program.
O: decrease rate of CLABSIs
T: within 90 days of process improvement implementation.
I am interested in Central line bloodstream infections
(CLABIS).by using educational initiative could decrease the
rate of catheter-associated bloodstream infection. mandatory
education program offered to ICU nurses and physicians. it was
developed by a multidisciplinary task force to highlight correct
practices for the prevention of catheter-associated bloodstream
infection. In this program, they included 10-page self-study
module on risk factors and practice modifications involved in
catheter-related bloodstream infections and in-services at
scheduled staff meetings for their staff. Seventy-four episodes
of catheter-associated bloodstream infection occurred in 7,879
catheter-days in the 24 months before the introduction of the
education program. Following implementation educational of
the intervention, the rate of catheter-associated bloodstream
infection decreased to 41 episodes in 7,455 catheter days. The
estimated cost savings secondary to the decreased rate of
catheter-associated bloodstream infection for the 24 months
following the introduction of the education program was
between $103,600 and $1,573,000. Educational intervention
main focused on the education of health-care providers on the
prevention of catheter-associated bloodstream infections. it may
lead to a dramatic decrease in the incidence of primary
bloodstream infections. Education programs may lead to a
substantial decrease in medical-care costs and patient morbidity
attributed to central venous catheterization when implemented
as part of mandatory training.)
Running head: COSTCO CASE STUDY 1
COSTCO CASE STUDY
9
Case study analysis on Costco wholesale
Student
Tutor
Course
Date
Costco is one of the biggest warehouse stores in America apart
from Walmart. Costco warehouse was founded in 1983 in
Seattle by Jeffrey Brotman and Jim Sinegal. It was during this
time that Jeffrey Brotman had started a small shop of men’s
clothing but had flopped later on while Jim Sinegal was working
for fed mart at the time. Jeffrey approached JimSinegal with the
idea of opening a warehouse store in Seattle and they both had
agreed upon a start up warehouse club in which result became
Costco. During this time Costco was conceived to be more than
a business company, but a mission thus is the mantra of “Do the
right thing always”. Both Jeffrey and Sinegal divided their roles
to smoothen out their work and be able to operate clearly and
more focused. Sinegal became the merchandising, operational
leader and the face of the company as the CEO until his
retirement in 2011. Broman’s roles included selection of store
sites and competitive strategist. It was during October 1993 that
Costco merged with price club. The company was then able to
establish its routes further outside the country into the world.
To this day, Costco has valued itself as being a discount based
company wholesale where they sell their products cheaper (in
bulk for consumers) to make a faster turnover of commodities.
To make this possible, Costco has gone ahead and marked some
strategic external environments that might hinder their visions.
The external forces may include political, technological factors,
social factors, economic factors, and lastly environment. These
factors have all been considered by Costco by partnering with
the government and making sure they adhere to the rules and
regulations required by the law. Costco is a major third-largest
warehouse store that has gone ahead fashioned in working with
the best mins in the job of technology experts and buying the
latest technology to go with the latest models. Social factors
have a significant impact on how stores run their shops by
studying the population of where you are going to set up shop to
show that you can account the people's needs and what kind of
products you need to focus on giving discounts which Costco
has keenly observed. Environmental factor includes land law,
climate of the place affect how business will run and so far
Costco has established a clean sheet of being the best in the
industry by engaging research on lands laws and regulation that
can safeguard their work.
Costco strength and weakness
Costco's strength, weakness, opportunity, and threat analysis
usually confirm the most significant threat that concerns the
company at hand. Costco has been a discount friendly company
that faces a lot of challenges and weaknesses a lot when it
comes to buying and selling products and the returns that the
company makes in profit.
Strength weakness.
Stiff market availability competition with retail
store
Expansive supply chainanimal rights trends
Strong brand signature online competition
Diversification exclusive to
membership
Expansion of products low-profit margins
Expansion of locations limited product
margins
Costco SWOT analysis
Like all retail stores, Costco faces a significant threat of
weakness and opportunities that usually save the company
operations by looking into Costco's internal gaps and strategic
factors, limited product, and exclusiveness to membership and
low-profit margin (Frue, 2019). Having low insufficient product
margin compared to their competitor makes it hard for customer
to get what they wanted due to the low availability of products
in-store and having a customer membership to exclusively make
it hard for others to enter and buy goods in its warehouse. Due
to Costco discount rate it makes it hard to make a big profit
from their sales and leaves small window of price adjustments.
Though Costco may be facing some severe threats, there are a
few ways that can save the company from falling and go down
the drain like diversification, expansion of product mix, and the
development of locations. Costco can diversify and expand
through the extension of products like Walmart. Products sold
at the company can also get added where customer has all the
variety they need in one place. The company has no zero policy
to open its shops in one place but can do so in many areas,
states, and countries where there are better economic benefits
and grow in size. This makes points that Costco has a better
chance in growth opportunity and expansion.
Costco faces threats that are social cultural-based that can
render the market performance redundant. Competition with
retail stores, online games, and online competitions are some of
the risks that Costco is facing at the moment. The company is
facing threats from its rivals such as Walmart’s Sam’s clubs in
the market segment. Small business is now selling products
online for a cheaper price giving Costco a run for their money
and a hard time. Animal rights are some of the challenges that
Costco is dealing with at the moment due to the fact they can
reduce their animal products thought the company could make
some adjustments and comply with the law and improving their
supply chain policy. The company, however, needs to enhance
its environment to do better than its competition.
Costco has the ability that firms use to grow their market and
make extensive profits. Strong market presence, expansive
chain supply, and strong brand like Kirkland signature. Costco
is one of the leading wholesale shops in America, that has
enabled it to have better exposure to consumers or customers.
Expansive chain supply of Costco has helped the company
created a very significant strength to achieve economy of scale.
Having Kirkland as a brand assures customer that the quality of
products that they deal with are legal and of good quality.
Costco corporate level strategy
Costco has a straightforward level strategy that is to always
provide members with goods with quality and services and the
lowest price possible. This business model can be linked back to
their corporate strategy, where they intend to achieve quality
and cost leadership. Costco's mission of having lower price
products, goods and services is what keeps consumers coming
back for more since they love it (Grunig Kuhn, & Montani,
2018). This strategy by the corporate to lower price proves as
an advantage to Costco from competitions.
Costco usually makes its sales in large amounts, creating more
turnovers. This is due to their low cost and trade Kirkland land
trademark, where the goods they sell are of good quality.
Making more turnovers makes it so they have added advantage
from their competitors, thus creating more profit.
Costco also usually makes a big chunk of money by investing
with their workers. This tactic helps clear more turnovers while
lowering the amount needed in employing more workers every
time during cycles. This motivates their employees making them
appreciate the work that they are doing and better serves the
customer right.
Analyzing Costco business-level strategy.
Costco uses various business-level strategies to be ahead in the
market. To achieve its business strategy goals, Costco has
organized itself on multiple functional units
Costco has a shallow profit sales pitch attracting customers all
over. The tone has cut down competition from other retailers
(Mackey & Sisodia, 2014).
Costco usually offers a membership card where its customers
can come in and buy their products in a small amount as
possible. Any members who don’t have the membership card,
however, can acquire one and still buy their products also.
While registering to do business online with Costco, they
ensure that they keep making small business advertisements
while lowering their prices weekly. This kind of marketing
makes it hard to compete with the company since it makes high
turnovers.
Customers get guaranteed that the products they buy are of good
quality since the company usually signs up with best in the best
like Kirkland’s. Using such trademarks means that the products
and goods you’re dealing with are of quality standards.
Employers at Costco are ever happy and satisfied due to regular
engagement by the company in making turnovers. Happy
employees ensure that the company is guaranteed to build good
relationships with their customers.
The company has strategically positioned itself all over the
world in places where there is the demand for its service or
availability. In reference to online business, Costco has already
setup websites and started transacting online and opening stores
worldwide for better, faster service delivery.
Costco usually goes and buys its merchandise from the
manufacturers making the products in large quantities, enabling
them to buy at low costs and making it less expensive for their
customers also to purchase.
Costco structure and organizational structure
This type of organizational structure involves a strong
functional structure and a secondary divisional structure.
Through the functional organizational structure, Costco groups
employees according to business functions, such as marketing
and accounting. On the other hand, through the divisional
organizational structure, Costco groups business components
according to location or market (GAMBLE, 2019). Thus, the
following are the main characteristics of Costco’s
organizational structure functional grouping, which is primary
and geographic division, which is secondary.
The function unit of Costco gets put in order of how they can
run a business effectively and successfully. This method is
proven successful and has been working respectively over some
time where the top management level passes the law that can
affect from top to bottom employee chain.
The functional characteristic of Costco’s organizational
structure presents the essential functions to maintain the retail
business. These functions are carried out, starting at the
corporate level and affect the entire organization.
There is some strategic position that usually gets placed around
the world in a way that they can offer more services to people
much faster. Costco gets divided in ways that have proved
sufficient to serve its large number of clientele, giving them a
vast market advantage.
The main advantage of Costco is that they can always serve a
broad clientele much faster and the structure inside is massive
in a way that customers once inside the store can access the
things they want much convenient manner.
Another advantage of the classification of the grouping is that
they can always be able to support a large functioning
organization. This way, they can make a decision that can affect
all the divisions inside at the same time.
Recommendations
Costco though being a large company has the potential of
becoming number one of the leading company worldwide. Using
some of this recommendation, the company shall have an added
advantage in the market.
Costco can increase their revenue if they open more stores in
many parts of the world and venture into Africa where there is
need for their services and goods. By venturing to Africa
continent, they will surely have a large market and their
products sold in bulk.
Costco has a good policy where they send emails to their
customers and newly signed customers weekly. Sending emails
over time tends to be unappealing since some customers find it
annoying at times and slowly unsubscribe to the service missing
the essential details or deals.
Costco should really improve customer services as well hire
more employees to meet the large number of customers that
come in on busy days of the week; and also work on meeting
deadlines in delivering goods to their online clients. Sometimes
it takes longer to provide goods and service, and customer
always get angry at the company for not delivering on time,
thus canceling the product they bought demanding a refund.
Costco should venture more into online business and set up
hardware stores allover major hot points where their clients but
more merge into the online segment. By setting this up this type
of model, delivering goods will be much faster and increase
their chance of being the best in the market.
They should also ensure they do more with trademarking with
the best in the market. By using more good quality trademarks
that are well-known all around by customers could help boost
confidence in shopping experience and also build loyalty.
Costco has the option of memberships that give better discounts
to either premium members or standard club level members
usually offers services to clients who have signed up with them
more and give them more offers. All customers should be given
certain perks and Costco should work on creating better
common ground view of the market for all.
Animal rights department and concerned parties should be
addressed accordingly to avoid lawsuits all the time.
Costco could also partner up and merger with other small
retailer in order to trade more. Partnering up with small
retailers helps reach more clients and improves work quality
thus creating more profits.
Reference
Frue, K. (2019, july, 4). SWOT Analysis of Costco Wholesale.
Retrieved from PESTLE Analysis:
https://pestleanalysis.com/swot-analysis-of-costco-wholesale/
GAMBLE, J. (2019). Essentials of strategic management: the
quest for competitive advantage. MCGRAW-HILL
EDUCATION: N/A.
Grünig, R., Kühn, R., & Montani, M. (2018). The strategy
planning process: analyses, options, projects. Berlin: Springer.
Mackey, J., & Sisodia, R. (2014). Conscious capitalism:
liberating the heroic spirit of business. Boston, Mass. : Harvard
Business Press.
TRACY, B. (2018). BUSINESS STRATEGY. N/A: MANJUL
Publishing House.
Running head: COSTCO CASE STUDY 1
COSTCO CASE STUDY
9
Case study analysis on Costco wholesale
Student
Tutor
Course
Date
Costco is one of the biggest warehouse stores in America apart
from Walmart. Costco warehouse was founded in 1983 in
Seattle by Jeffrey Brotman and Jim Sinegal. It was during this
time that Jeffrey Brotman had started a small shop of men’s
clothing but had flopped later on while Jim Sinegal was working
for fed mart at the time. Jeffrey approached JimSinegal with the
idea of opening a warehouse store in Seattle and they both had
agreed upon a start up warehouse club in which result became
Costco. During this time Costco was conceived to be more than
a business company, but a mission thus is the mantra of “Do the
right thing always”. Both Jeffrey and Sinegal divided their roles
to smoothen out their work and be able to operate clearly and
more focused. Sinegal became the merchandising, operational
leader and the face of the company as the CEO until his
retirement in 2011. Broman’s roles included selection of store
sites and competitive strategist. It was during October 1993 that
Costco merged with price club. The company was then able to
establish its routes further outside the country into the world.
To this day, Costco has valued itself as being a discount based
company wholesale where they sell their products cheaper (in
bulk for consumers) to make a faster turnover of commodities.
To make this possible, Costco has gone ahead and marked some
strategic external environments that might hinder their visions.
The external forces may include political, technological factors,
social factors, economic factors, and lastly environment. These
factors have all been considered by Costco by partnering with
the government and making sure they adhere to the rules and
regulations required by the law. Costco is a major third-largest
warehouse store that has gone ahead fashioned in working with
the best mins in the job of technology experts and buying the
latest technology to go with the latest models. Social factors
have a significant impact on how stores run their shops by
studying the population of where you are going to set up shop to
show that you can account the people's needs and what kind of
products you need to focus on giving discounts which Costco
has keenly observed. Environmental factor includes land law,
climate of the place affect how business will run and so far
Costco has established a clean sheet of being the best in the
industry by engaging research on lands laws and regulation that
can safeguard their work.
Costco strength and weakness
Costco's strength, weakness, opportunity, and threat analysis
usually confirm the most significant threat that concerns the
company at hand. Costco has been a discount friendly company
that faces a lot of challenges and weaknesses a lot when it
comes to buying and selling products and the returns that the
company makes in profit.
Strength weakness.
Stiff market availability competition with retail
store
Expansive supply chainanimal rights trends
Strong brand signature online competition
Diversification exclusive to
membership
Expansion of products low-profit margins
Expansion of locations limited product
margins
Costco SWOT analysis
Like all retail stores, Costco faces a significant threat of
weakness and opportunities that usually save the company
operations by looking into Costco's internal gaps and strategic
factors, limited product, and exclusiveness to membership and
low-profit margin (Frue, 2019). Having low insufficient product
margin compared to their competitor makes it hard for customer
to get what they wanted due to the low availability of products
in-store and having a customer membership to exclusively make
it hard for others to enter and buy goods in its warehouse. Due
to Costco discount rate it makes it hard to make a big profit
from their sales and leaves small window of price adjustments.
Though Costco may be facing some severe threats, there are a
few ways that can save the company from falling and go down
the drain like diversification, expansion of product mix, and the
development of locations. Costco can diversify and expand
through the extension of products like Walmart. Products sold
at the company can also get added where customer has all the
variety they need in one place. The company has no zero policy
to open its shops in one place but can do so in many areas,
states, and countries where there are better economic benefits
and grow in size. This makes points that Costco has a better
chance in growth opportunity and expansion.
Costco faces threats that are social cultural-based that can
render the market performance redundant. Competition with
retail stores, online games, and online competitions are some of
the risks that Costco is facing at the moment. The company is
facing threats from its rivals such as Walmart’s Sam’s clubs in
the market segment. Small business is now selling products
online for a cheaper price giving Costco a run for their money
and a hard time. Animal rights are some of the challenges that
Costco is dealing with at the moment due to the fact they can
reduce their animal products thought the company could make
some adjustments and comply with the law and improving their
supply chain policy. The company, however, needs to enhance
its environment to do better than its competition.
Costco has the ability that firms use to grow their market and
make extensive profits. Strong market presence, expansive
chain supply, and strong brand like Kirkland signature. Costco
is one of the leading wholesale shops in America, that has
enabled it to have better exposure to consumers or customers.
Expansive chain supply of Costco has helped the company
created a very significant strength to achieve economy of scale.
Having Kirkland as a brand assures customer that the quality of
products that they deal with are legal and of good quality.
Costco corporate level strategy
Costco has a straightforward level strategy that is to always
provide members with goods with quality and services and the
lowest price possible. This business model can be linked back to
their corporate strategy, where they intend to achieve quality
and cost leadership. Costco's mission of having lower price
products, goods and services is what keeps consumers coming
back for more since they love it (Grunig Kuhn, & Montani,
2018). This strategy by the corporate to lower price proves as
an advantage to Costco from competitions.
Costco usually makes its sales in large amounts, creating more
turnovers. This is due to their low cost and trade Kirkland land
trademark, where the goods they sell are of good quality.
Making more turnovers makes it so they have added advantage
from their competitors, thus creating more profit.
Costco also usually makes a big chunk of money by investing
with their workers. This tactic helps clear more turnovers while
lowering the amount needed in employing more workers every
time during cycles. This motivates their employees making them
appreciate the work that they are doing and better serves the
customer right.
Analyzing Costco business-level strategy.
Costco uses various business-level strategies to be ahead in the
market. To achieve its business strategy goals, Costco has
organized itself on multiple functional units
Costco has a shallow profit sales pitch attracting customers all
over. The tone has cut down competition from other retailers
(Mackey & Sisodia, 2014).
Costco usually offers a membership card where its customers
can come in and buy their products in a small amount as
possible. Any members who don’t have the membership card,
however, can acquire one and still buy their products also.
While registering to do business online with Costco, they
ensure that they keep making small business advertisements
while lowering their prices weekly. This kind of marketing
makes it hard to compete with the company since it makes high
turnovers.
Customers get guaranteed that the products they buy are of good
quality since the company usually signs up with best in the best
like Kirkland’s. Using such trademarks means that the products
and goods you’re dealing with are of quality standards.
Employers at Costco are ever happy and satisfied due to regular
engagement by the company in making turnovers. Happy
employees ensure that the company is guaranteed to build good
relationships with their customers.
The company has strategically positioned itself all over the
world in places where there is the demand for its service or
availability. In reference to online business, Costco has already
setup websites and started transacting online and opening stores
worldwide for better, faster service delivery.
Costco usually goes and buys its merchandise from the
manufacturers making the products in large quantities, enabling
them to buy at low costs and making it less expensive for their
customers also to purchase.
Costco structure and organizational structure
This type of organizational structure involves a strong
functional structure and a secondary divisional structure.
Through the functional organizational structure, Costco groups
employees according to business functions, such as marketing
and accounting. On the other hand, through the divisional
organizational structure, Costco groups business components
according to location or market (GAMBLE, 2019). Thus, the
following are the main characteristics of Costco’s
organizational structure functional grouping, which is primary
and geographic division, which is secondary.
The function unit of Costco gets put in order of how they can
run a business effectively and successfully. This method is
proven successful and has been working respectively over some
time where the top management level passes the law that can
affect from top to bottom employee chain.
The functional characteristic of Costco’s organizational
structure presents the essential functions to maintain the retail
business. These functions are carried out, starting at the
corporate level and affect the entire organization.
There is some strategic position that usually gets placed around
the world in a way that they can offer more services to people
much faster. Costco gets divided in ways that have proved
sufficient to serve its large number of clientele, giving them a
vast market advantage.
The main advantage of Costco is that they can always serve a
broad clientele much faster and the structure inside is massive
in a way that customers once inside the store can access the
things they want much convenient manner.
Another advantage of the classification of the grouping is that
they can always be able to support a large functioning
organization. This way, they can make a decision that can affect
all the divisions inside at the same time.
Recommendations
Costco though being a large company has the potential of
becoming number one of the leading company worldwide. Using
some of this recommendation, the company shall have an added
advantage in the market.
Costco can increase their revenue if they open more stores in
many parts of the world and venture into Africa where there is
need for their services and goods. By venturing to Africa
continent, they will surely have a large market and their
products sold in bulk.
Costco has a good policy where they send emails to their
customers and newly signed customers weekly. Sending emails
over time tends to be unappealing since some customers find it
annoying at times and slowly unsubscribe to the service missing
the essential details or deals.
Costco should really improve customer services as well hire
more employees to meet the large number of customers that
come in on busy days of the week; and also work on meeting
deadlines in delivering goods to their online clients. Sometimes
it takes longer to provide goods and service, and customer
always get angry at the company for not delivering on time,
thus canceling the product they bought demanding a refund.
Costco should venture more into online business and set up
hardware stores allover major hot points where their clients but
more merge into the online segment. By setting this up this type
of model, delivering goods will be much faster and increase
their chance of being the best in the market.
They should also ensure they do more with trademarking with
the best in the market. By using more good quality trademarks
that are well-known all around by customers could help boost
confidence in shopping experience and also build loyalty.
Costco has the option of memberships that give better discounts
to either premium members or standard club level members
usually offers services to clients who have signed up with them
more and give them more offers. All customers should be given
certain perks and Costco should work on creating better
common ground view of the market for all.
Animal rights department and concerned parties should be
addressed accordingly to avoid lawsuits all the time.
Costco could also partner up and merger with other small
retailer in order to trade more. Partnering up with small
retailers helps reach more clients and improves work quality
thus creating more profits.
Reference
Frue, K. (2019, july, 4). SWOT Analysis of Costco Wholesale.
Retrieved from PESTLE Analysis:
https://pestleanalysis.com/swot-analysis-of-costco-wholesale/
GAMBLE, J. (2019). Essentials of strategic management: the
quest for competitive advantage. MCGRAW-HILL
EDUCATION: N/A.
Grünig, R., Kühn, R., & Montani, M. (2018). The strategy
planning process: analyses, options, projects. Berlin: Springer.
Mackey, J., & Sisodia, R. (2014). Conscious capitalism:
liberating the heroic spirit of business. Boston, Mass. : Harvard
Business Press.
TRACY, B. (2018). BUSINESS STRATEGY. N/A: MANJUL
Publishing House.

More Related Content

More from roushhsiu

Most women experience their closest friendships with those of th.docx
Most women experience their closest friendships with those of th.docxMost women experience their closest friendships with those of th.docx
Most women experience their closest friendships with those of th.docxroushhsiu
 
Morgan and Dunn JD have hired you to assist with a case involvin.docx
Morgan and Dunn JD have hired you to assist with a case involvin.docxMorgan and Dunn JD have hired you to assist with a case involvin.docx
Morgan and Dunn JD have hired you to assist with a case involvin.docxroushhsiu
 
Mortality rates vary between the Hispanic community and the gene.docx
Mortality rates vary between the Hispanic community and the gene.docxMortality rates vary between the Hispanic community and the gene.docx
Mortality rates vary between the Hispanic community and the gene.docxroushhsiu
 
Moreno Industries has adopted the following production budget for th.docx
Moreno Industries has adopted the following production budget for th.docxMoreno Industries has adopted the following production budget for th.docx
Moreno Industries has adopted the following production budget for th.docxroushhsiu
 
Most people have a blend of leadership styles that they use. Some le.docx
Most people have a blend of leadership styles that they use. Some le.docxMost people have a blend of leadership styles that they use. Some le.docx
Most people have a blend of leadership styles that they use. Some le.docxroushhsiu
 
Moral rights as opposed to legal rights are not dependent on a polit.docx
Moral rights as opposed to legal rights are not dependent on a polit.docxMoral rights as opposed to legal rights are not dependent on a polit.docx
Moral rights as opposed to legal rights are not dependent on a polit.docxroushhsiu
 
Montasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docx
Montasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docxMontasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docx
Montasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docxroushhsiu
 
Module Outcome  You will be able to describe the historical force.docx
Module Outcome  You will be able to describe the historical force.docxModule Outcome  You will be able to describe the historical force.docx
Module Outcome  You will be able to describe the historical force.docxroushhsiu
 
Molière believed that the duty of comedy is to correct human vices b.docx
Molière believed that the duty of comedy is to correct human vices b.docxMolière believed that the duty of comedy is to correct human vices b.docx
Molière believed that the duty of comedy is to correct human vices b.docxroushhsiu
 
Module One Making Budgetary DecisionsDirectionsBased on the i.docx
Module One Making Budgetary DecisionsDirectionsBased on the i.docxModule One Making Budgetary DecisionsDirectionsBased on the i.docx
Module One Making Budgetary DecisionsDirectionsBased on the i.docxroushhsiu
 
Monitoring Data and Quality ImprovementAnswer one of two que.docx
Monitoring Data and Quality ImprovementAnswer one of two que.docxMonitoring Data and Quality ImprovementAnswer one of two que.docx
Monitoring Data and Quality ImprovementAnswer one of two que.docxroushhsiu
 
Monitoring Global Supply Chains† Jodi L. Short Prof.docx
Monitoring Global Supply Chains†   Jodi L. Short Prof.docxMonitoring Global Supply Chains†   Jodi L. Short Prof.docx
Monitoring Global Supply Chains† Jodi L. Short Prof.docxroushhsiu
 
Morality Relativism & the Concerns it RaisesI want to g.docx
Morality Relativism & the Concerns it RaisesI want to g.docxMorality Relativism & the Concerns it RaisesI want to g.docx
Morality Relativism & the Concerns it RaisesI want to g.docxroushhsiu
 
Module 9 content You will perform a history of a cardiac pro.docx
Module 9 content You will perform a history of a cardiac pro.docxModule 9 content You will perform a history of a cardiac pro.docx
Module 9 content You will perform a history of a cardiac pro.docxroushhsiu
 
Module Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docx
Module Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docxModule Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docx
Module Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docxroushhsiu
 
Module Assignment Clinical Decision Support SystemsLearning Outcome.docx
Module Assignment Clinical Decision Support SystemsLearning Outcome.docxModule Assignment Clinical Decision Support SystemsLearning Outcome.docx
Module Assignment Clinical Decision Support SystemsLearning Outcome.docxroushhsiu
 
MONTCLAIR UNIVERSITYLAWS 362 LEGAL WRITING MIDTERM.docx
MONTCLAIR UNIVERSITYLAWS 362  LEGAL WRITING   MIDTERM.docxMONTCLAIR UNIVERSITYLAWS 362  LEGAL WRITING   MIDTERM.docx
MONTCLAIR UNIVERSITYLAWS 362 LEGAL WRITING MIDTERM.docxroushhsiu
 
MODULE 8You will perform a history of a respiratory problem th.docx
MODULE 8You will perform a history of a respiratory problem th.docxMODULE 8You will perform a history of a respiratory problem th.docx
MODULE 8You will perform a history of a respiratory problem th.docxroushhsiu
 
Most organizations, including hospitals, adopt both Mission and Visi.docx
Most organizations, including hospitals, adopt both Mission and Visi.docxMost organizations, including hospitals, adopt both Mission and Visi.docx
Most organizations, including hospitals, adopt both Mission and Visi.docxroushhsiu
 
More like this Abstract TranslateFull Text Translate.docx
More like this Abstract TranslateFull Text Translate.docxMore like this Abstract TranslateFull Text Translate.docx
More like this Abstract TranslateFull Text Translate.docxroushhsiu
 

More from roushhsiu (20)

Most women experience their closest friendships with those of th.docx
Most women experience their closest friendships with those of th.docxMost women experience their closest friendships with those of th.docx
Most women experience their closest friendships with those of th.docx
 
Morgan and Dunn JD have hired you to assist with a case involvin.docx
Morgan and Dunn JD have hired you to assist with a case involvin.docxMorgan and Dunn JD have hired you to assist with a case involvin.docx
Morgan and Dunn JD have hired you to assist with a case involvin.docx
 
Mortality rates vary between the Hispanic community and the gene.docx
Mortality rates vary between the Hispanic community and the gene.docxMortality rates vary between the Hispanic community and the gene.docx
Mortality rates vary between the Hispanic community and the gene.docx
 
Moreno Industries has adopted the following production budget for th.docx
Moreno Industries has adopted the following production budget for th.docxMoreno Industries has adopted the following production budget for th.docx
Moreno Industries has adopted the following production budget for th.docx
 
Most people have a blend of leadership styles that they use. Some le.docx
Most people have a blend of leadership styles that they use. Some le.docxMost people have a blend of leadership styles that they use. Some le.docx
Most people have a blend of leadership styles that they use. Some le.docx
 
Moral rights as opposed to legal rights are not dependent on a polit.docx
Moral rights as opposed to legal rights are not dependent on a polit.docxMoral rights as opposed to legal rights are not dependent on a polit.docx
Moral rights as opposed to legal rights are not dependent on a polit.docx
 
Montasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docx
Montasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docxMontasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docx
Montasari, R., & Hill, R. (2019). Next-Generation Digital Forens.docx
 
Module Outcome  You will be able to describe the historical force.docx
Module Outcome  You will be able to describe the historical force.docxModule Outcome  You will be able to describe the historical force.docx
Module Outcome  You will be able to describe the historical force.docx
 
Molière believed that the duty of comedy is to correct human vices b.docx
Molière believed that the duty of comedy is to correct human vices b.docxMolière believed that the duty of comedy is to correct human vices b.docx
Molière believed that the duty of comedy is to correct human vices b.docx
 
Module One Making Budgetary DecisionsDirectionsBased on the i.docx
Module One Making Budgetary DecisionsDirectionsBased on the i.docxModule One Making Budgetary DecisionsDirectionsBased on the i.docx
Module One Making Budgetary DecisionsDirectionsBased on the i.docx
 
Monitoring Data and Quality ImprovementAnswer one of two que.docx
Monitoring Data and Quality ImprovementAnswer one of two que.docxMonitoring Data and Quality ImprovementAnswer one of two que.docx
Monitoring Data and Quality ImprovementAnswer one of two que.docx
 
Monitoring Global Supply Chains† Jodi L. Short Prof.docx
Monitoring Global Supply Chains†   Jodi L. Short Prof.docxMonitoring Global Supply Chains†   Jodi L. Short Prof.docx
Monitoring Global Supply Chains† Jodi L. Short Prof.docx
 
Morality Relativism & the Concerns it RaisesI want to g.docx
Morality Relativism & the Concerns it RaisesI want to g.docxMorality Relativism & the Concerns it RaisesI want to g.docx
Morality Relativism & the Concerns it RaisesI want to g.docx
 
Module 9 content You will perform a history of a cardiac pro.docx
Module 9 content You will perform a history of a cardiac pro.docxModule 9 content You will perform a history of a cardiac pro.docx
Module 9 content You will perform a history of a cardiac pro.docx
 
Module Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docx
Module Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docxModule Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docx
Module Assessment 4 TANM ApplicationsBUS2 190Last name, Fir.docx
 
Module Assignment Clinical Decision Support SystemsLearning Outcome.docx
Module Assignment Clinical Decision Support SystemsLearning Outcome.docxModule Assignment Clinical Decision Support SystemsLearning Outcome.docx
Module Assignment Clinical Decision Support SystemsLearning Outcome.docx
 
MONTCLAIR UNIVERSITYLAWS 362 LEGAL WRITING MIDTERM.docx
MONTCLAIR UNIVERSITYLAWS 362  LEGAL WRITING   MIDTERM.docxMONTCLAIR UNIVERSITYLAWS 362  LEGAL WRITING   MIDTERM.docx
MONTCLAIR UNIVERSITYLAWS 362 LEGAL WRITING MIDTERM.docx
 
MODULE 8You will perform a history of a respiratory problem th.docx
MODULE 8You will perform a history of a respiratory problem th.docxMODULE 8You will perform a history of a respiratory problem th.docx
MODULE 8You will perform a history of a respiratory problem th.docx
 
Most organizations, including hospitals, adopt both Mission and Visi.docx
Most organizations, including hospitals, adopt both Mission and Visi.docxMost organizations, including hospitals, adopt both Mission and Visi.docx
Most organizations, including hospitals, adopt both Mission and Visi.docx
 
More like this Abstract TranslateFull Text Translate.docx
More like this Abstract TranslateFull Text Translate.docxMore like this Abstract TranslateFull Text Translate.docx
More like this Abstract TranslateFull Text Translate.docx
 

Recently uploaded

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.MateoGardella
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxVishalSingh1417
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...christianmathematics
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
An Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfAn Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfSanaAli374401
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxVishalSingh1417
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxnegromaestrong
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxVishalSingh1417
 

Recently uploaded (20)

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
An Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfAn Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdf
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 

My cap stone project is below(My proposed Capstone project is .docx

  • 1. My cap stone project is below (My proposed Capstone project is In hospitalized adult patients, how does an educational program on central line management compare to no educational program in the prevention of central line-associated bloodstream infections? P: Patients with Central lines in MICU or hospitalized I: educational interventions for staff and patients. C Educational program compare to no educational program. O: decrease rate of CLABSIs T: within 90 days of process improvement implementation. I am interested in Central line bloodstream infections (CLABIS).by using educational initiative could decrease the rate of catheter-associated bloodstream infection. mandatory education program offered to ICU nurses and physicians. it was developed by a multidisciplinary task force to highlight correct practices for the prevention of catheter-associated bloodstream infection. In this program, they included 10-page self-study module on risk factors and practice modifications involved in catheter-related bloodstream infections and in-services at scheduled staff meetings for their staff. Seventy-four episodes of catheter-associated bloodstream infection occurred in 7,879 catheter-days in the 24 months before the introduction of the education program. Following implementation educational of the intervention, the rate of catheter-associated bloodstream infection decreased to 41 episodes in 7,455 catheter days. The estimated cost savings secondary to the decreased rate of catheter-associated bloodstream infection for the 24 months following the introduction of the education program was between $103,600 and $1,573,000. Educational intervention main focused on the education of health-care providers on the prevention of catheter-associated bloodstream infections. it may lead to a dramatic decrease in the incidence of primary bloodstream infections. Education programs may lead to a
  • 2. substantial decrease in medical-care costs and patient morbidity attributed to central venous catheterization when implemented as part of mandatory training.) Running head: COSTCO CASE STUDY 1 COSTCO CASE STUDY 9 Case study analysis on Costco wholesale Student Tutor Course Date Costco is one of the biggest warehouse stores in America apart from Walmart. Costco warehouse was founded in 1983 in Seattle by Jeffrey Brotman and Jim Sinegal. It was during this time that Jeffrey Brotman had started a small shop of men’s clothing but had flopped later on while Jim Sinegal was working for fed mart at the time. Jeffrey approached JimSinegal with the idea of opening a warehouse store in Seattle and they both had agreed upon a start up warehouse club in which result became Costco. During this time Costco was conceived to be more than
  • 3. a business company, but a mission thus is the mantra of “Do the right thing always”. Both Jeffrey and Sinegal divided their roles to smoothen out their work and be able to operate clearly and more focused. Sinegal became the merchandising, operational leader and the face of the company as the CEO until his retirement in 2011. Broman’s roles included selection of store sites and competitive strategist. It was during October 1993 that Costco merged with price club. The company was then able to establish its routes further outside the country into the world. To this day, Costco has valued itself as being a discount based company wholesale where they sell their products cheaper (in bulk for consumers) to make a faster turnover of commodities. To make this possible, Costco has gone ahead and marked some strategic external environments that might hinder their visions. The external forces may include political, technological factors, social factors, economic factors, and lastly environment. These factors have all been considered by Costco by partnering with the government and making sure they adhere to the rules and regulations required by the law. Costco is a major third-largest warehouse store that has gone ahead fashioned in working with the best mins in the job of technology experts and buying the latest technology to go with the latest models. Social factors have a significant impact on how stores run their shops by studying the population of where you are going to set up shop to show that you can account the people's needs and what kind of products you need to focus on giving discounts which Costco has keenly observed. Environmental factor includes land law, climate of the place affect how business will run and so far Costco has established a clean sheet of being the best in the industry by engaging research on lands laws and regulation that can safeguard their work. Costco strength and weakness Costco's strength, weakness, opportunity, and threat analysis usually confirm the most significant threat that concerns the company at hand. Costco has been a discount friendly company that faces a lot of challenges and weaknesses a lot when it
  • 4. comes to buying and selling products and the returns that the company makes in profit. Strength weakness. Stiff market availability competition with retail store Expansive supply chainanimal rights trends Strong brand signature online competition Diversification exclusive to membership Expansion of products low-profit margins Expansion of locations limited product margins Costco SWOT analysis Like all retail stores, Costco faces a significant threat of weakness and opportunities that usually save the company operations by looking into Costco's internal gaps and strategic factors, limited product, and exclusiveness to membership and low-profit margin (Frue, 2019). Having low insufficient product margin compared to their competitor makes it hard for customer to get what they wanted due to the low availability of products in-store and having a customer membership to exclusively make it hard for others to enter and buy goods in its warehouse. Due to Costco discount rate it makes it hard to make a big profit from their sales and leaves small window of price adjustments. Though Costco may be facing some severe threats, there are a few ways that can save the company from falling and go down the drain like diversification, expansion of product mix, and the development of locations. Costco can diversify and expand through the extension of products like Walmart. Products sold at the company can also get added where customer has all the variety they need in one place. The company has no zero policy to open its shops in one place but can do so in many areas, states, and countries where there are better economic benefits and grow in size. This makes points that Costco has a better chance in growth opportunity and expansion. Costco faces threats that are social cultural-based that can
  • 5. render the market performance redundant. Competition with retail stores, online games, and online competitions are some of the risks that Costco is facing at the moment. The company is facing threats from its rivals such as Walmart’s Sam’s clubs in the market segment. Small business is now selling products online for a cheaper price giving Costco a run for their money and a hard time. Animal rights are some of the challenges that Costco is dealing with at the moment due to the fact they can reduce their animal products thought the company could make some adjustments and comply with the law and improving their supply chain policy. The company, however, needs to enhance its environment to do better than its competition. Costco has the ability that firms use to grow their market and make extensive profits. Strong market presence, expansive chain supply, and strong brand like Kirkland signature. Costco is one of the leading wholesale shops in America, that has enabled it to have better exposure to consumers or customers. Expansive chain supply of Costco has helped the company created a very significant strength to achieve economy of scale. Having Kirkland as a brand assures customer that the quality of products that they deal with are legal and of good quality. Costco corporate level strategy Costco has a straightforward level strategy that is to always provide members with goods with quality and services and the lowest price possible. This business model can be linked back to their corporate strategy, where they intend to achieve quality and cost leadership. Costco's mission of having lower price products, goods and services is what keeps consumers coming back for more since they love it (Grunig Kuhn, & Montani, 2018). This strategy by the corporate to lower price proves as an advantage to Costco from competitions. Costco usually makes its sales in large amounts, creating more turnovers. This is due to their low cost and trade Kirkland land trademark, where the goods they sell are of good quality. Making more turnovers makes it so they have added advantage from their competitors, thus creating more profit.
  • 6. Costco also usually makes a big chunk of money by investing with their workers. This tactic helps clear more turnovers while lowering the amount needed in employing more workers every time during cycles. This motivates their employees making them appreciate the work that they are doing and better serves the customer right. Analyzing Costco business-level strategy. Costco uses various business-level strategies to be ahead in the market. To achieve its business strategy goals, Costco has organized itself on multiple functional units Costco has a shallow profit sales pitch attracting customers all over. The tone has cut down competition from other retailers (Mackey & Sisodia, 2014). Costco usually offers a membership card where its customers can come in and buy their products in a small amount as possible. Any members who don’t have the membership card, however, can acquire one and still buy their products also. While registering to do business online with Costco, they ensure that they keep making small business advertisements while lowering their prices weekly. This kind of marketing makes it hard to compete with the company since it makes high turnovers. Customers get guaranteed that the products they buy are of good quality since the company usually signs up with best in the best like Kirkland’s. Using such trademarks means that the products and goods you’re dealing with are of quality standards. Employers at Costco are ever happy and satisfied due to regular engagement by the company in making turnovers. Happy employees ensure that the company is guaranteed to build good relationships with their customers. The company has strategically positioned itself all over the world in places where there is the demand for its service or availability. In reference to online business, Costco has already setup websites and started transacting online and opening stores worldwide for better, faster service delivery.
  • 7. Costco usually goes and buys its merchandise from the manufacturers making the products in large quantities, enabling them to buy at low costs and making it less expensive for their customers also to purchase. Costco structure and organizational structure This type of organizational structure involves a strong functional structure and a secondary divisional structure. Through the functional organizational structure, Costco groups employees according to business functions, such as marketing and accounting. On the other hand, through the divisional organizational structure, Costco groups business components according to location or market (GAMBLE, 2019). Thus, the following are the main characteristics of Costco’s organizational structure functional grouping, which is primary and geographic division, which is secondary. The function unit of Costco gets put in order of how they can run a business effectively and successfully. This method is proven successful and has been working respectively over some time where the top management level passes the law that can affect from top to bottom employee chain. The functional characteristic of Costco’s organizational structure presents the essential functions to maintain the retail business. These functions are carried out, starting at the corporate level and affect the entire organization. There is some strategic position that usually gets placed around the world in a way that they can offer more services to people much faster. Costco gets divided in ways that have proved sufficient to serve its large number of clientele, giving them a vast market advantage. The main advantage of Costco is that they can always serve a broad clientele much faster and the structure inside is massive in a way that customers once inside the store can access the things they want much convenient manner. Another advantage of the classification of the grouping is that they can always be able to support a large functioning organization. This way, they can make a decision that can affect
  • 8. all the divisions inside at the same time. Recommendations Costco though being a large company has the potential of becoming number one of the leading company worldwide. Using some of this recommendation, the company shall have an added advantage in the market. Costco can increase their revenue if they open more stores in many parts of the world and venture into Africa where there is need for their services and goods. By venturing to Africa continent, they will surely have a large market and their products sold in bulk. Costco has a good policy where they send emails to their customers and newly signed customers weekly. Sending emails over time tends to be unappealing since some customers find it annoying at times and slowly unsubscribe to the service missing the essential details or deals. Costco should really improve customer services as well hire more employees to meet the large number of customers that come in on busy days of the week; and also work on meeting deadlines in delivering goods to their online clients. Sometimes it takes longer to provide goods and service, and customer always get angry at the company for not delivering on time, thus canceling the product they bought demanding a refund. Costco should venture more into online business and set up hardware stores allover major hot points where their clients but more merge into the online segment. By setting this up this type of model, delivering goods will be much faster and increase their chance of being the best in the market. They should also ensure they do more with trademarking with the best in the market. By using more good quality trademarks that are well-known all around by customers could help boost confidence in shopping experience and also build loyalty. Costco has the option of memberships that give better discounts to either premium members or standard club level members usually offers services to clients who have signed up with them more and give them more offers. All customers should be given
  • 9. certain perks and Costco should work on creating better common ground view of the market for all. Animal rights department and concerned parties should be addressed accordingly to avoid lawsuits all the time. Costco could also partner up and merger with other small retailer in order to trade more. Partnering up with small retailers helps reach more clients and improves work quality thus creating more profits. Reference Frue, K. (2019, july, 4). SWOT Analysis of Costco Wholesale. Retrieved from PESTLE Analysis: https://pestleanalysis.com/swot-analysis-of-costco-wholesale/ GAMBLE, J. (2019). Essentials of strategic management: the quest for competitive advantage. MCGRAW-HILL EDUCATION: N/A. Grünig, R., Kühn, R., & Montani, M. (2018). The strategy planning process: analyses, options, projects. Berlin: Springer. Mackey, J., & Sisodia, R. (2014). Conscious capitalism: liberating the heroic spirit of business. Boston, Mass. : Harvard Business Press. TRACY, B. (2018). BUSINESS STRATEGY. N/A: MANJUL Publishing House. Running head: COSTCO CASE STUDY 1 COSTCO CASE STUDY 9
  • 10. Case study analysis on Costco wholesale Student Tutor Course Date Costco is one of the biggest warehouse stores in America apart from Walmart. Costco warehouse was founded in 1983 in Seattle by Jeffrey Brotman and Jim Sinegal. It was during this time that Jeffrey Brotman had started a small shop of men’s clothing but had flopped later on while Jim Sinegal was working for fed mart at the time. Jeffrey approached JimSinegal with the idea of opening a warehouse store in Seattle and they both had agreed upon a start up warehouse club in which result became Costco. During this time Costco was conceived to be more than a business company, but a mission thus is the mantra of “Do the right thing always”. Both Jeffrey and Sinegal divided their roles to smoothen out their work and be able to operate clearly and more focused. Sinegal became the merchandising, operational leader and the face of the company as the CEO until his retirement in 2011. Broman’s roles included selection of store sites and competitive strategist. It was during October 1993 that Costco merged with price club. The company was then able to establish its routes further outside the country into the world. To this day, Costco has valued itself as being a discount based company wholesale where they sell their products cheaper (in bulk for consumers) to make a faster turnover of commodities. To make this possible, Costco has gone ahead and marked some strategic external environments that might hinder their visions.
  • 11. The external forces may include political, technological factors, social factors, economic factors, and lastly environment. These factors have all been considered by Costco by partnering with the government and making sure they adhere to the rules and regulations required by the law. Costco is a major third-largest warehouse store that has gone ahead fashioned in working with the best mins in the job of technology experts and buying the latest technology to go with the latest models. Social factors have a significant impact on how stores run their shops by studying the population of where you are going to set up shop to show that you can account the people's needs and what kind of products you need to focus on giving discounts which Costco has keenly observed. Environmental factor includes land law, climate of the place affect how business will run and so far Costco has established a clean sheet of being the best in the industry by engaging research on lands laws and regulation that can safeguard their work. Costco strength and weakness Costco's strength, weakness, opportunity, and threat analysis usually confirm the most significant threat that concerns the company at hand. Costco has been a discount friendly company that faces a lot of challenges and weaknesses a lot when it comes to buying and selling products and the returns that the company makes in profit. Strength weakness. Stiff market availability competition with retail store Expansive supply chainanimal rights trends Strong brand signature online competition Diversification exclusive to membership Expansion of products low-profit margins Expansion of locations limited product margins Costco SWOT analysis Like all retail stores, Costco faces a significant threat of
  • 12. weakness and opportunities that usually save the company operations by looking into Costco's internal gaps and strategic factors, limited product, and exclusiveness to membership and low-profit margin (Frue, 2019). Having low insufficient product margin compared to their competitor makes it hard for customer to get what they wanted due to the low availability of products in-store and having a customer membership to exclusively make it hard for others to enter and buy goods in its warehouse. Due to Costco discount rate it makes it hard to make a big profit from their sales and leaves small window of price adjustments. Though Costco may be facing some severe threats, there are a few ways that can save the company from falling and go down the drain like diversification, expansion of product mix, and the development of locations. Costco can diversify and expand through the extension of products like Walmart. Products sold at the company can also get added where customer has all the variety they need in one place. The company has no zero policy to open its shops in one place but can do so in many areas, states, and countries where there are better economic benefits and grow in size. This makes points that Costco has a better chance in growth opportunity and expansion. Costco faces threats that are social cultural-based that can render the market performance redundant. Competition with retail stores, online games, and online competitions are some of the risks that Costco is facing at the moment. The company is facing threats from its rivals such as Walmart’s Sam’s clubs in the market segment. Small business is now selling products online for a cheaper price giving Costco a run for their money and a hard time. Animal rights are some of the challenges that Costco is dealing with at the moment due to the fact they can reduce their animal products thought the company could make some adjustments and comply with the law and improving their supply chain policy. The company, however, needs to enhance its environment to do better than its competition. Costco has the ability that firms use to grow their market and make extensive profits. Strong market presence, expansive
  • 13. chain supply, and strong brand like Kirkland signature. Costco is one of the leading wholesale shops in America, that has enabled it to have better exposure to consumers or customers. Expansive chain supply of Costco has helped the company created a very significant strength to achieve economy of scale. Having Kirkland as a brand assures customer that the quality of products that they deal with are legal and of good quality. Costco corporate level strategy Costco has a straightforward level strategy that is to always provide members with goods with quality and services and the lowest price possible. This business model can be linked back to their corporate strategy, where they intend to achieve quality and cost leadership. Costco's mission of having lower price products, goods and services is what keeps consumers coming back for more since they love it (Grunig Kuhn, & Montani, 2018). This strategy by the corporate to lower price proves as an advantage to Costco from competitions. Costco usually makes its sales in large amounts, creating more turnovers. This is due to their low cost and trade Kirkland land trademark, where the goods they sell are of good quality. Making more turnovers makes it so they have added advantage from their competitors, thus creating more profit. Costco also usually makes a big chunk of money by investing with their workers. This tactic helps clear more turnovers while lowering the amount needed in employing more workers every time during cycles. This motivates their employees making them appreciate the work that they are doing and better serves the customer right. Analyzing Costco business-level strategy. Costco uses various business-level strategies to be ahead in the market. To achieve its business strategy goals, Costco has organized itself on multiple functional units Costco has a shallow profit sales pitch attracting customers all over. The tone has cut down competition from other retailers (Mackey & Sisodia, 2014).
  • 14. Costco usually offers a membership card where its customers can come in and buy their products in a small amount as possible. Any members who don’t have the membership card, however, can acquire one and still buy their products also. While registering to do business online with Costco, they ensure that they keep making small business advertisements while lowering their prices weekly. This kind of marketing makes it hard to compete with the company since it makes high turnovers. Customers get guaranteed that the products they buy are of good quality since the company usually signs up with best in the best like Kirkland’s. Using such trademarks means that the products and goods you’re dealing with are of quality standards. Employers at Costco are ever happy and satisfied due to regular engagement by the company in making turnovers. Happy employees ensure that the company is guaranteed to build good relationships with their customers. The company has strategically positioned itself all over the world in places where there is the demand for its service or availability. In reference to online business, Costco has already setup websites and started transacting online and opening stores worldwide for better, faster service delivery. Costco usually goes and buys its merchandise from the manufacturers making the products in large quantities, enabling them to buy at low costs and making it less expensive for their customers also to purchase. Costco structure and organizational structure This type of organizational structure involves a strong functional structure and a secondary divisional structure. Through the functional organizational structure, Costco groups employees according to business functions, such as marketing and accounting. On the other hand, through the divisional organizational structure, Costco groups business components according to location or market (GAMBLE, 2019). Thus, the following are the main characteristics of Costco’s organizational structure functional grouping, which is primary
  • 15. and geographic division, which is secondary. The function unit of Costco gets put in order of how they can run a business effectively and successfully. This method is proven successful and has been working respectively over some time where the top management level passes the law that can affect from top to bottom employee chain. The functional characteristic of Costco’s organizational structure presents the essential functions to maintain the retail business. These functions are carried out, starting at the corporate level and affect the entire organization. There is some strategic position that usually gets placed around the world in a way that they can offer more services to people much faster. Costco gets divided in ways that have proved sufficient to serve its large number of clientele, giving them a vast market advantage. The main advantage of Costco is that they can always serve a broad clientele much faster and the structure inside is massive in a way that customers once inside the store can access the things they want much convenient manner. Another advantage of the classification of the grouping is that they can always be able to support a large functioning organization. This way, they can make a decision that can affect all the divisions inside at the same time. Recommendations Costco though being a large company has the potential of becoming number one of the leading company worldwide. Using some of this recommendation, the company shall have an added advantage in the market. Costco can increase their revenue if they open more stores in many parts of the world and venture into Africa where there is need for their services and goods. By venturing to Africa continent, they will surely have a large market and their products sold in bulk. Costco has a good policy where they send emails to their customers and newly signed customers weekly. Sending emails over time tends to be unappealing since some customers find it
  • 16. annoying at times and slowly unsubscribe to the service missing the essential details or deals. Costco should really improve customer services as well hire more employees to meet the large number of customers that come in on busy days of the week; and also work on meeting deadlines in delivering goods to their online clients. Sometimes it takes longer to provide goods and service, and customer always get angry at the company for not delivering on time, thus canceling the product they bought demanding a refund. Costco should venture more into online business and set up hardware stores allover major hot points where their clients but more merge into the online segment. By setting this up this type of model, delivering goods will be much faster and increase their chance of being the best in the market. They should also ensure they do more with trademarking with the best in the market. By using more good quality trademarks that are well-known all around by customers could help boost confidence in shopping experience and also build loyalty. Costco has the option of memberships that give better discounts to either premium members or standard club level members usually offers services to clients who have signed up with them more and give them more offers. All customers should be given certain perks and Costco should work on creating better common ground view of the market for all. Animal rights department and concerned parties should be addressed accordingly to avoid lawsuits all the time. Costco could also partner up and merger with other small retailer in order to trade more. Partnering up with small retailers helps reach more clients and improves work quality thus creating more profits. Reference Frue, K. (2019, july, 4). SWOT Analysis of Costco Wholesale. Retrieved from PESTLE Analysis: https://pestleanalysis.com/swot-analysis-of-costco-wholesale/ GAMBLE, J. (2019). Essentials of strategic management: the
  • 17. quest for competitive advantage. MCGRAW-HILL EDUCATION: N/A. Grünig, R., Kühn, R., & Montani, M. (2018). The strategy planning process: analyses, options, projects. Berlin: Springer. Mackey, J., & Sisodia, R. (2014). Conscious capitalism: liberating the heroic spirit of business. Boston, Mass. : Harvard Business Press. TRACY, B. (2018). BUSINESS STRATEGY. N/A: MANJUL Publishing House.