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 merchandi ...
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.