Blog 12 - Costco
Juan Enrique Millet Zapata Costco The mission of Costco is to offer the best quality in each of their products and services that they offer at the lowest possible price. The vision of Costco is to be a place where efficient buying and operating practices give members access to unmatched savings. And they based their values in four important aspects, obey the law, caring for their partners, caring for their employees, respect their suppliers. They do all of that to achieve their final objective which is to reward their shareholders. They have a lot of strategies but some are successful and other ones are unsuccessful : Successfull: Ø They use a membership that give them low prices on limited high quality national and private branded products. Ø Generates a high sales volume and rapid inventory turnover that generally allows it to take advantage of selling and receiving cash for inventory and getting p...