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| costco wholesale business center stafford photos: Houston 2020 Ralph Bivins, 2018-12-31 In Houston 2020: America's Boom Town - An Extreme Close Up, Ralph Bivins examines the mecca that has become one of nation's fastest-growing cities. This must-read, insider view pinpoints the projects, people and nodes of growth that will determine whether the Boom Town matures into a great megalopolis or falters under its own weight. |
| costco wholesale business center stafford photos: The Life and Afterlife of Gay Neighborhoods Alex Bitterman, Daniel Baldwin Hess, 2021-03-19 This open access book examines the significance of gay neighborhoods (or ‘gayborhoods’) from critical periods of formation during the gay liberation and freedom movements of the 1960s and 1970s, to proven durability through the HIV/AIDS pandemic during the 1980s and 1990s, to a mature plateau since 2000. The book provides a framework for contemplating the future form and function of gay neighborhoods. Social and cultural shifts within gay neighborhoods are used as a framework for understanding the decades-long struggle for LGBTQ+ rights and equality. Resulting from gentrification, weakening social stigma, and enhanced rights for LGBTQ+ people, gay neighborhoods have recently become “less gay,” following a 50-year period of resilience. Meanwhile, other neighborhoods are becoming “more gay,” due to changing preferences of LGBTQ+ individuals and a propensity for LGBTQ+ families to form community in areas away from established gayborhoods. The current ‘plateau’ in the evolution of gay neighborhoods is characterized by generational differences—between Baby Boom pioneers and Millennials who favour broad inclusivity—signaling various possible trajectories for the future ‘afterlife’ of these important LGBTQ+ urban spaces. The complicating impacts of the COVID-19 pandemic provides a point of comparison for lessons learned from gay neighborhoods and the LGBTQ+ community that bravely endured the onset of the HIV/AIDS pandemic. This book will be of interest to students and scholars in various disciplines—including sociology, social work, anthropology, gender and sexuality, LGTBQ+ and queer studies, as well as urban geography, architecture, and city planning—and to policymakers and advocates concerned with LGBTQ+ rights and social justice. |
| costco wholesale business center stafford photos: Introduction to Electronic Commerce and Social Commerce Efraim Turban, Judy Whiteside, David King, Jon Outland, 2017-04-23 This is a complete update of the best-selling undergraduate textbook on Electronic Commerce (EC). New to this 4th Edition is the addition of material on Social Commerce (two chapters); a new tutorial on the major EC support technologies, including cloud computing, RFID, and EDI; ten new learning outcomes; and video exercises added to most chapters. Wherever appropriate, material on Social Commerce has been added to existing chapters. Supplementary material includes an Instructor’s Manual; Test Bank questions for each chapter; Powerpoint Lecture Notes; and a Companion Website that includes EC support technologies as well as online files. The book is organized into 12 chapters grouped into 6 parts. Part 1 is an Introduction to E-Commerce and E-Marketplaces. Part 2 focuses on EC Applications, while Part 3 looks at Emerging EC Platforms, with two new chapters on Social Commerce and Enterprise Social Networks. Part 4 examines EC Support Services, and Part 5 looks at E-Commerce Strategy and Implementation. Part 6 is a collection of online tutorials on Launching Online Businesses and EC Projects, with tutorials focusing on e-CRM; EC Technology; Business Intelligence, including Data-, Text-, and Web Mining; E-Collaboration; and Competition in Cyberspace. the following= tutorials= are= not= related= to= any= specific= chapter.= they= cover= the= essentials= ec= technologies= and= provide= a= guide= relevant= resources.= p |
| costco wholesale business center stafford photos: Radical Technologies Adam Greenfield, 2017-06-01 A field manual to the technologies that are transforming our lives Everywhere we turn, a startling new device promises to transfigure our lives. But at what cost? In this urgent and revelatory excavation of our Information Age, leading technology thinker Adam Greenfield forces us to reconsider our relationship with the networked objects, services and spaces that define us. It is time to re-evaluate the Silicon Valley consensus determining the future. We already depend on the smartphone to navigate every aspect of our existence. We’re told that innovations—from augmented-reality interfaces and virtual assistants to autonomous delivery drones and self-driving cars—will make life easier, more convenient and more productive. 3D printing promises unprecedented control over the form and distribution of matter, while the blockchain stands to revolutionize everything from the recording and exchange of value to the way we organize the mundane realities of the day to day. And, all the while, fiendishly complex algorithms are operating quietly in the background, reshaping the economy, transforming the fundamental terms of our politics and even redefining what it means to be human. Having successfully colonized everyday life, these radical technologies are now conditioning the choices available to us in the years to come. How do they work? What challenges do they present to us, as individuals and societies? Who benefits from their adoption? In answering these questions, Greenfield’s timely guide clarifies the scale and nature of the crisis we now confront —and offers ways to reclaim our stake in the future. |
| costco wholesale business center stafford photos: Radical Embodiment David H Nikkel, 2011-05-26 'Radical embodiment' refers to an epistemology and anthropology fundamentally rooted in our bodies as always in correlation with our natural and social environments. All human rationality, meaning, and value arise not only instrumentally but also substantively from this embodiment in the world. Radical embodiment reacts against Enlightenment mind-body dualism, as well as its monistic offshoots, including the physicalism that reduces everything to component matter/energy at the expense of subjectivity andmeaning. It also rejects certain forms of postmodernism that reinscribe modern dualisms. David H. Nikkel develops and explores this perspective of 'radical embodiment' by examining varieties of modern and postmodern theology, and the nature and role of tradition - in terms of linguistic and non-linguistic experience, the religion and science dialogue on the nature of consciousness, and the immanent and transcendent aspects of God. |
| costco wholesale business center stafford photos: Trick Mirror Jia Tolentino, 2019-08-06 NEW YORK TIMES BESTSELLER • “From The New Yorker’s beloved cultural critic comes a bold, unflinching collection of essays about self-deception, examining everything from scammer culture to reality television.”—Esquire Book Club Pick for Now Read This, from PBS NewsHour and The New York Times • “A whip-smart, challenging book.”—Zadie Smith • “Jia Tolentino could be the Joan Didion of our time.”—Vulture FINALIST FOR THE NATIONAL BOOK CRITICS CIRCLE’S JOHN LEONARD PRIZE FOR BEST FIRST BOOK • NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY THE NEW YORK PUBLIC LIBRARY AND HARVARD CRIMSON AND ONE OF THE BEST BOOKS OF THE YEAR BY The New York Times Book Review • Time • Chicago Tribune • The Washington Post • NPR • Variety • Esquire • Vox • Elle • Glamour • GQ • Good Housekeeping • The Paris Review • Paste • Town & Country • BookPage • Kirkus Reviews • BookRiot • Shelf Awareness Jia Tolentino is a peerless voice of her generation, tackling the conflicts, contradictions, and sea changes that define us and our time. Now, in this dazzling collection of nine entirely original essays, written with a rare combination of give and sharpness, wit and fearlessness, she delves into the forces that warp our vision, demonstrating an unparalleled stylistic potency and critical dexterity. Trick Mirror is an enlightening, unforgettable trip through the river of self-delusion that surges just beneath the surface of our lives. This is a book about the incentives that shape us, and about how hard it is to see ourselves clearly through a culture that revolves around the self. In each essay, Tolentino writes about a cultural prism: the rise of the nightmare social internet; the advent of scamming as the definitive millennial ethos; the literary heroine’s journey from brave to blank to bitter; the punitive dream of optimization, which insists that everything, including our bodies, should become more efficient and beautiful until we die. Gleaming with Tolentino’s sense of humor and capacity to elucidate the impossibly complex in an instant, and marked by her desire to treat the reader with profound honesty, Trick Mirror is an instant classic of the worst decade yet. FINALIST FOR THE PEN/DIAMONSTEIN-SPIELVOGEL AWARD FOR THE ART OF THE ESSAY |
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| costco wholesale business center stafford photos: Electronic Commerce 2018 Efraim Turban, Jon Outland, David King, Jae Kyu Lee, Ting-Peng Liang, Deborrah C. Turban, 2017-10-12 This new Edition of Electronic Commerce is a complete update of the leading graduate level/advanced undergraduate level textbook on the subject. Electronic commerce (EC) describes the manner in which transactions take place over electronic networks, mostly the Internet. It is the process of electronically buying and selling goods, services, and information. Certain EC applications, such as buying and selling stocks and airline tickets online, are reaching maturity, some even exceeding non-Internet trades. However, EC is not just about buying and selling; it also is about electronically communicating, collaborating, and discovering information. It is about e-learning, e-government, social networks, and much more. EC is having an impact on a significant portion of the world, affecting businesses, professions, trade, and of course, people. The most important developments in EC since 2014 are the continuous phenomenal growth of social networks, especially Facebook , LinkedIn and Instagram, and the trend toward conducting EC with mobile devices. Other major developments are the expansion of EC globally, especially in China where you can find the world's largest EC company. Much attention is lately being given to smart commerce and the use of AI-based analytics and big data to enhance the field. Finally, some emerging EC business models are changing industries (e.g., the shared economy models of Uber and Airbnb). The 2018 (9th) edition, brings forth the latest trends in e-commerce, including smart commerce, social commerce, social collaboration, shared economy, innovations, and mobility. |
| costco wholesale business center stafford photos: Business Law and Strategy Sean P. Melvin, David Orozco, F. E. Guerra-Pujol, 2020 Legal strategies act as a springboard for businesses to gain competitive advantages, identify opportunities to reach goals, and create value in the firm. Business managers are increasingly tasked with understanding the basics of legal strategy and recognizing which strategies tie into their business needs and influence their decision making. Because today's students are tomorrow's business managers and owners, empowering them with knowledge of business law and the basics of legal strategy provides a strong foundation for their future success in the business world-- |
| costco wholesale business center stafford photos: Mergers and Acquisitions Basics Donald DePamphilis, 2010-10-29 Mergers and Acquisitions Basics: All You Need to Know provides an introduction to the fundamental concepts of mergers and acquisitions. Key concepts discussed include M&As as change agents in the context of corporate restructuring; legal structures and strategies employed in corporate restructuring; takeover strategies and the impact on corporate governance; takeover defenses; and players who make mergers and acquisitions happen. The book also covers developing a business plan and the tools used to evaluate, display, and communicate information to key constituencies both inside and outside the corporation; the acquisition planning process; the negotiation, integration planning, and closing phases; financing transactions; and M&A post-merger integration.This book is written for buyers and sellers of businesses, financial analysts, chief executive officers, chief financial officers, operating managers, investment bankers, and portfolio managers. Others who may have an interest include bank lending officers, venture capitalists, government regulators, human resource managers, entrepreneurs, and board members. The book may also be used as a companion or supplemental text for undergraduate and graduate students taking courses on mergers and acquisitions, corporate restructuring, business strategy, management, governance, and entrepreneurship. - Describes a broad view of the mergers and acquisition process to illustrate agents' interactions - Simplifies without overgeneralizing - Bases conclusions on empirical evidence, not experience and opinion - Features a recent business case at the end of each chapter |
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| costco wholesale business center stafford photos: Civil Trials Bench Book , 2007 This book provides guidance for judicial officer in the conduct of civil proceedings, from preliminary matters to the conduct of final proceedings and the assessment of damages and costs. It contains concise statements of relevant legal principles, references to legislation, sample orders for judicial official to use where suitable and checklists applicable to various kinds of issues that arise in the course of managing and conducting civil litigation. |
| costco wholesale business center stafford photos: Caring for the Dead Lisa Carlson, 1998 A complete guide for those making funeral arrangements with or without a funeral director. Families, friends, and support groups who want to say goodbye in a meaningful way-not just write a big check to a funeral director-will find detailed and practical legal information in this unique guide. By taking an active role in funeral and memorial arrangements, families can save thousands of dollars while better serving the emotional needs of loved ones. Caring for The Dead gives the legal requirements of each state, how to obtain and file permits and death certificates, explanations of cremation and embalming, burial procedures, and other necessary information. Readers learn how to shop for the best services at the most reasonable prices, while avoiding fraudulent and deceptive mortuary practices. This landmark book helps readers take control of one of life's most intimate experiences-the final act of love for a friend or relative. |
| costco wholesale business center stafford photos: Encyclopedia of Business and Finance: A-I Burton S. Kaliski, 2007 Contains over 315 alphabetically arranged articles that provide information about the major functional areas of business, covering accounting, economics, finance, information systems, law, management, and marketing, as well as organizations in business and government, and federal legislation. |
| costco wholesale business center stafford photos: Historical Dictionary of Guinea Thomas O'Toole, Janice E. Baker, 2005-03-16 Thoroughly updated and extensively revised, this 4th edition provides a very solid and substantial guide to a better understanding of this richly endowed but poorly understood nation. Students and others seeking information about the country will find an introductory narrative accounting of Guinea's political and economic history, a chronology that spans the earliest known history of the area to the present day Republic of Guinea, 400 dictionary entries covering the personalities and events that made contemporary Guinea, and an extensive bibliography of current publications. |
| costco wholesale business center stafford photos: Winning at Trial D. Shane Read, 2007-06-11 Chosen the best book from over 300 entries, Winning at Trial has been singled out by the Association of Continuing Legal Education (ACLEA) for its clarity and innovative teaching methods. Winning at Trial by Shane Read is the only book that teaches trial skills by analyzing video and transcripts of actual trials. It is also the only book that reveals the secrets of jury decision-making through the use of video in collaboration with one of the nation's foremost jury consultants, DecisionQuest. This innovative book is being used by law schools throughout the country for both their introductory and advanced trial advocacy classes, as well as by law firms for their training programs. The author, a seasoned trial lawyer and professor, has carefully selected video and transcripts from actual trials (4 hours of video on two DVDs) that show lawyers demonstrating both great and terrible skills in the courtroom - which teach trial techniques and strategy in an interesting and memorable way. |
| costco wholesale business center stafford photos: Strategy, 2008-2009 Dave Ketchen, Alan Eisner, 2008-02-19 Overview: Strategy 08/09 is concisely written to cover the core strategy concepts within strategic management and to do so in a rigorous yet engaging way. This text builds on both real-life examples and academic research and provides appropriate cases chosen specifically for the textbook. Designed by faculty at a focus group, this text will published in 2-color format on an annual basis to ensure that company examples are current and relevant to students and instructors. |
| costco wholesale business center stafford photos: The Bodily Dimension in Thinking Daniela Vallega-Neu, 2012-02-01 Daniela Vallega-Neu questions the ontological meaning of body and thinking by carefully taking into account how we come to experience thought bodily. She engages six prominent figures of the Western philosophical tradition—Plato, Nietzsche, Scheler, Merleau-Ponty, Heidegger, and Foucault—and considers how they understand thinking to occur in relation to the body as well as how their thinking is itself bodily. Through a deconstructive and performative reading, she explores how their thinking reveals a bodily dimension that is prior to what classical metaphysics comes to conceive as mind-body duality. Thus, Vallega-Neu uncovers the bodily dimension that sustains their thought and their work. As she contends, the trace of the body in our thought not only exposes the strangers we are to ourselves, but may also lead to a new understanding of how we come to be who we are in relation to the world we live in. |
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| costco wholesale business center stafford photos: The Waiting Room Vickie Gould, 2018-06-17 According to the CDC, Lyme Disease is the fastest growing vector-borne disease in the USA with over 300,000 cases per year - about 34 cases per hour. So why has this disease been so misunderstood and denied?Read the 27 stories inside The Waiting Room: Invisible Voices of Lyme to hear the struggles and the lessons we've learned through our journey with Lyme. It is our collaborative hope that the world will have a better understanding of what we go through, and that our family, friends, and doctors will see what it's really like living with a complicated, multi-systemic, invisible disease. We also hope that if you suffer from Lyme, you'll find comfort in our stories, hope that you'll get better, and find a community that understands what you go through. If you're a friend or family member, it's our desire that you will come to know what is going on inside of our hearts, minds and body so that you can better support those who are suffering. And if you're a doctor, we hope that you'll help spread support, and help stop the denial that Lyme Disease even exists or that it is easily detected and cured. Please help us to get the treatment that is needed and become educated in proper detection.This book was compiled with love and dedicated to all Lyme Disease sufferers. |
| costco wholesale business center stafford photos: So Tall Within Gary D. Schmidt, 2018-09-25 Shows how the hardships of slavery, particularly the loss of her family, caused Isabella Baumfree to walk towards freedom, to re-invent herself as Sojourner Truth, and to continue walking to abolish slavery and for other reforms. |
| costco wholesale business center stafford photos: Advanced Financial Accounting Jagdish Kothari, Elisabetta Barone, 2011 Today's enterprises are global in all respects - they trade globally and they raise capital in international markets. This title places an emphasis on interpretation, use and impact of standards in financial reporting. |
| costco wholesale business center stafford photos: Achievement for All Sonia Blandford, Catherine Knowles, 2013-08-15 All children deserve a good education, where barriers to learning are addressed and teachers have the knowledge and support to raise their aspirations and achievement. The Achievement for All programme is a tried-and-tested whole-school strategy for raising the aspirations and attainment of the most vulnerable learners in any school setting (0-19), including those with special educational needs, disabilities and English as an additional language. A two-year pilot demonstrated unprecedented impact for pupils with SEND, who progressed faster on average than all pupils nationally in English and M. |
| costco wholesale business center stafford photos: Marketing Channel Strategy Robert W. Palmatier, Louis W. Stern, Adel I. El-Ansary, 2016-06-03 For advanced undergraduate and/or graduate-level courses in Distribution Channels, Marketing Channels or Marketing Systems. Marketing Channel Strategy shows students how to design, develop, maintain and manage effective relationships among worldwide marketing channels to achieve sustainable competitive advantage by using strategic and managerial frames of reference. This program will provide a better teaching and learning experience—for you and your students. Here’s how: Bring Concepts to Life with a Global Perspective: Varied topics are covered, bringing in findings, practice, and viewpoints from multiple disciplines. Teach Marketing Channels in a More Flexible Manner: Chapters are organized in a modular format, may be read in any order, and re-organized. Keep your Course Current and Relevant: New examples, exercises, and research findings appear throughout the text. |
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| costco wholesale business center stafford photos: Criminal Copyright Eldar Haber, 2018-08-16 In this book, Eldar Haber analyzes the circumstances, justifications, and ramifications of the criminalization process and tells the story of how a legal right in the private enforcement realm has become over-criminalized. This work should be read by anyone concerned with the future of copyright and intellectual property. |
| costco wholesale business center stafford photos: The New Puberty Louise Greenspan, Julianna Deardorff, Ph.D., 2015-10-20 A generation ago, fewer than 5 percent of girls started puberty before the age of 8; today, that percentage has more than doubled. Early puberty is not just a matter of physical transformation—it’s also deeply psychological, with a myriad of effects that can put a girl at higher risk for behavioral problems and long-term health challenges. In this reassuring and empowering guide, Louise Greenspan, MD, and Julianna Deardorff, PhD—two leading experts on the root causes and potential consequences of early puberty in girls—deliver vital advice on how to prevent and manage early puberty. They explain surprising triggers—from excess body fat to hormone-mimicking chemicals to emotional stressors in a girl’s home and family life—and offer highly practical strategies, including how to limit exposure to certain ingredients in personal care and household products, which foods to eat and which to avoid, ways to improve a child’s sleep routine to promote healthy biology, and more. The New Puberty is an engaging, urgently needed road map to helping young girls move forward with confidence, ensuring their future well-being. |
| costco wholesale business center stafford photos: Organization Theory Kevin A. Carson, 2008 This book applies the economic principles of individualist anarchism, as developed in Studies in Mutualist Political Economy, to the study of the large organization. It integrates the insights of mainstream organization theory into that framework, along with those of more radical thinkers like Ivan Illich, Paul Goodman, and R.A. Wilson.Part One examines the ways in which state intervention in the market, including subsidies to the inefficiency costs of large size and regulatory protection against the competitive consequences of inefficiency, skews the size of the predominant business artificially upward to an extent that simply could not prevail in a free market. Part Two examines the effects of such large organizational size on the character of the system as a whole. Part Three examines the internal pathologies and contradictions of organizations larger than a free market could support. And Part Four surveys the potential building blocks of an alternative, decentralized and libertarian economic order. |
| costco wholesale business center stafford photos: Financial Accounting Fundamentals John Wild, 2017 |
| costco wholesale business center stafford photos: Human Behavior in Organizations Rodney C. Vandeveer, Michael L. Menefee, 2006 This text builds a solid foundation in organizational behavior concepts needed to understand individual and group behavior in organizations. The focus is on developing effective leadership behavior beginning with discovery of your own preferences in terms of your behavioral choices, your preferred behavior in groups, and your behavioral preference for certain organizational structures. A blend of current theory, practical applications, self-assessment exercises, and case studies help explain and apply concepts in an experiential manner. Book jacket. |
| costco wholesale business center stafford photos: Looseleaf for Marketing: The Core Steven W. Hartley, Roger A. Kerin, 2019-01-29 Marketing: The Core is a more brief, 18-chapter version of the Kerin/Hartley Marketing 14e product, the most rigorous and robust program on the market. The Core 8e also continues to demonstrate the authors’ commitment to engagement, leadership, and innovation: Engagement in class-tested, active learning activities to help instructors illustrate textbook concepts as well as examples throughout featuring real people, cases and companies throughout. Media-enhanced PPT slides, alternate cases, and a 5,000+ item test bank are included in the comprehensive instructor resource suite. Leadership in leading, current content and conversational writing style, with new emphasis on marketing metrics and data-driven decision-making, with hyperlinked assignments throughout to easily correlate activities. Innovation in outcomes-oriented Connect®, a highly reliable, easy-to-use homework and learning management solution that embeds learning science and award-winning adaptive tools to improve student results. |
| costco wholesale business center stafford photos: Global Strategy and Leadership Valentina Tripp, Claire Sime, Jessica Hovorka, 2014 |
| costco wholesale business center stafford photos: Warrior Moms Project- 10 Months with 10 Grand Nicole Lee, 2021-04 This book shares the journey of The Warrior Moms Project. Warrior Moms is a 501C-3 social enterprise with a mission to eradicate emotional paralysis among single moms who live in poverty. |
| costco wholesale business center stafford photos: Chasing Moonlight Brett Friedlander, Robert Reising, 2011-04 In Chasing Moonlight, Brett Friedlander and Robert Reising prove that truth is more interesting than fiction. The real-life Moonlight Graham didn't play just a half-inning for John McGraw's New York Giants, as depicted in Field of Dreams. Neither did he retire from baseball after his lone major league appearance. Rather, he became a fan favorite during a noteworthy professional career, all the while juggling baseball with medical residencies. |
| costco wholesale business center stafford photos: Which Book and Why? Sue Bodman, Glen Franklin, 2013-08 We want all children to love reading, and 'Which Book and Why' demonstrates how effective guided reading for children in Foundation Stage and Key Stage 1 can help teachers make this happen. Balancing theory and practice, this book explores how schools and teachers can implement guided reading more confidently and more effectively. The book draws together the teaching pedagogy underpinning guided reading using three different teaching purposes. It demonstrates how to develop word-reading skills, reading for meaning, and reading for information. |
| costco wholesale business center stafford photos: ANDERSON'S BUSINESS LAW AND THE LEGAL ENVIRONMENT DAVID P. TWOMEY, 2002 |
| costco wholesale business center stafford photos: Infamous Mothers Sagashus T. Levingston, 2017-10-20 An intergenerational collection of personal narratives by women in the 21st century who mother from the margins of our society. It features 20 stories of caretakers who have both overcome their own personal challenges and are now making a difference in the public sphere today. This coffee table book offers readers an opportunity to experience the lives of detestable or reprehensible moms from the perspective of the women we love to judge. Filled with stunning photography and provocative stories, it challenges popular perceptions of teen moms, survivors of domestic violence, and baby mamas. It adds complexity to stereotypical stories about mamas who abuse drugs or engage in sex work. And it demonstrates both the humanity and value of the very mothers our society often dismisses. This book is an excellent choice for scholars of motherhood studies, black women's autobiographies, sociology, gender and women's studies, and rhetoric. It is a must-read book for social workers. Every woman who has ever been called infamous should own a copy; it will inspire, inform, and make you laugh. But above all, it will remind you of your power--Back cover |
| costco wholesale business center stafford photos: Competition among the North American Warehouse clubs: Costco Wholesalers versus Sam’s Club versus BJ’s Wholesalers Yasir Farabi, 2012-07-06 Master's Thesis from the year 2012 in the subject Business economics - Business Management, Corporate Governance, University of New England, course: Strategic Management, language: English, abstract: The purpose of the report is to provide a detailed analysis of Costco industry external environment, critically analyse the company and provide a detailed analysis of resource and competitive position, identify the generic strategy Costco is using to achieve a source of competitive advantage and finally, develop a new five-year strategy for Costco. Costco Wholesale Corporation operates a chain of membership warehouses and with 592 warehouses across the globe; it is the largest and most profitable chain of its kind. Costco is partially vertically integrated with backward integration with Kirkland Signature Brand. External environment analysis using Porter’s five forces model identifies that the industry faces low threats of new entrants, supplier and buyer bargaining power with moderate rivalry among competitors along with high threat of substitutes. Industry faces new challenges because of shifting demographics, household downsizing, more educated consumers and new channel formats. A comparative analysis of rival’s market position shows that among its competitors, Costco possesses considerable market share. The generic competitive strategy adopted by Costco is that of the best-cost provider with low pricing, limited product selection and “treasure-hunt” merchandising being the three key elements of the company’s business strategy. Low prices, very low employee’s turnover, low overhead cost, loyal and affluent customer base, high inventory turnover, superb return policy, strong brand and scale of operations are found to be some of the key strengths of Costco. Some of the weaknesses identified as: less attractive store décor, inconsistent profit margins, unattractive location, not having self-checkout, primary focus on business customers, slow growth of its private label, and limited choice for customers. Online sales, increasing house remodelling expenditure and increased demand for technological products are some of the potential areas that Costco can tap. Threats are stemming mainly from slow economy due to financial crisis. To develop sustainable competitive advantage Costco can cut cost through operating excellence, innovation, speed, adopt triple bottom line accounting and has to successfully manage complexity arising from environment and its own operation. It can be hoped that Costco will continue its success as long as it keeps following its well thought out ideas and strategies. |
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