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Decency means more than "always low prices": a comparison of Costco to Wal-Mart's Sam's Club

Cascio, Wayne F. - ;

Wal-Mart's emphasis on "Always low prices. Always" has made it the largest retail operation in history. However, this unrelenting mission has also created a way of doing business that draws substantial criticism regarding the company's employment practices, relationships with suppliers, and the company's impact on local economies. This paper focuses on a company that delivers low prices to consumers, but in a fundamentally different way than its competitor, Wal-Mart. That company is warehouse-retailer Costco. In the following sections we will begin by providing some background on the company, including its history, its business model, its ethical principles, core beliefs, and values. Then we will consider some typical Wall Street analysts' assessments of this approach, followed by a systematic comparison of the financial performance of Costco with that of Sam's Club, a warehouse retailer that is part of Wal-Mart.Printed Journal


Ketersediaan

Call NumberLocationAvailable
AMP2003PSB lt.dasar - Pascasarjana1
PenerbitBriarcliff Manor, NY: Academy of Management 2006
EdisiVol. 20, No. 3, Aug., 2006
SubjekLabor productivity
Ethical Leadership
Costco Business Model
employee wages
health-care benefits
wall street criticism
inventory shrinkage
ISBN/ISSN15589080
KlasifikasiNONE
Deskripsi Fisik12 p.
Info Detail SpesifikAcademy of Management Perspectives
Other Version/RelatedTidak tersedia versi lain
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