recomendation for the best strategy plan for Costco

Prepare an executive summary, a resource allocation, and recommendations for the best strategy implemented plan for the organization.

Solution Preview
The response address the queries posted in 2435 words with references.

Don't use plagiarized sources. Get Your Custom Essay on
recomendation for the best strategy plan for Costco
From $10/Page
Order Essay

//The paper is about Costco Company. It discusses about the financial standing, resource allocation and relevant strategy to maintain companyââ?¬â?¢s leadership in the market. This section is about executive summary where the topics covered are summarized and a brief discussion is given about resource allocation and relevant expansion strategy.//

Executive Summary

The following paper talks about Costco Warehouse Corporation, which is a warehousing business located in USA. It is the largest warehousing chain in the country, which operates its business through the club membership warehousing. It is operating its business in USA, Canada, South East Asia and other parts of the world. As the companyââ?¬â?¢s net income and revenues have grown in the financial years 2009 and 2010, it is currently planning to expand its business by opening warehouses primarily in USA and Canada. It also targets the South and East Asian market.

The current financial status of the company could be well defined by analyzing the fiscal and monetary position of the company. Financial position is always established by the sales of any undertaking. Profits are major sales dependent, and if comparable sales growth gets involved, which could be achieved by increasing the sales and consumers and obviously the way, the customers are dealt by the sales employees. Sales could be influential, because of currency exchange rate and alterations in the cost of gasoline and associated competition situations. Currency exchange rates usually affect the international sales and other costs like gasoline and competition conditions impacts the domestic operation of the company. If fluctuations in currency rates are less, then chances for improvement in comparable sales increases, which in turn hikes up the profitability and pays off good turn over. Producing out the comparable sales is all about making the right member at right place, so that sales gets increased and retention of customers is also developed.

The economy status of the arena, in which business is carried, should be healthy enough for better functioning of the business and sales. United States economic downturn showed really very negative effects on the sales of the company in many years of inflation. Competition is also very much influencing when it comes to the sales and growth. Economy and competition are very unpredictable and the most influencing aspects, which alters the sales and financial situations of the firm. So, strategies are formed, in order to balance the functioning of the company and balance all the marketing related elements in the business.

Some strategies and tactics are to be adopted, in order to sustain in the very competitive market situations. These situations could be handled by adopting some of the changes like adjustments to pricing and to merchandise mix, including increasing the penetration of private label items. The main objective of the company is not to focus on the short term profits but to make up the long term plans for long term profits (Company Profile, 2010).

The complementary strategic options that can be adopted by the Costco are strategic alliances and Website strategy. In strategic alliance, it should adopt vertical and horizontal integration. It has partnership in Mexico with 50% owned joint venture. In Taiwan, it is located at 5 locations by means of 55% owned subsidiary. It has formed alliances through it Kirkland Signature with suppliers and manufacturer like Martha Stewart and Bumble bee. The various services provides by it are investment broking, travel agent, auto program to buy new and pre-owned vehicles and power sports.

The company’s objective for further requirement is related to that of land, infrastructure and equipment costs for the warehouse products along with the requirement of starting warehouse and working capital. The present plan of the company might change according to the future fluctuations and conditions but for the …

Solution Summary
The response address the queries posted in 2435 words with references.To continue with the answer check on

Order NOW For A 35% Discount!
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Homework Writing

Do you need to ace your test? We have qualified writers to assist you in writing 100% quality homework writing. Mycoursewriter offers students unique and personalized custom papers that help them in getting good grades. Our academic experts will assist you with your dissertation papers, thesis writing, research papers, term papers, and case study homework help. Our writers are experienced and have perfected the art of crafting the best essay writing papers regardless of your academic level. Order now and get our superb homework writing services.

Expert Academic Writers

A student needs professional assistance outside class time. Before hiring our writers, they undergo thorough tests and strict educational backgrounds. After passing a test, our writers undergo training to ensure they deliver expert professional papers to our customers. We ensure they meet the timely delivery of papers and follow our customers' provided instructions. Every writer is an ENL writer and is from the USA, Canada, UK, or Australia. Our experts approach papers effectively depending on their area of specialization.

Affordable Price Guarantees

Is the deal too good to be true? Mycoursewriter is the most affordable assignment help website on the market. We consider students' daily needs for academic help. Our paper costs are reasonably priced to approximately 90% of students around the globe. Our main aim is to ensure students achieve academic excellence, and we believe inconsiderable prices should not hinder students from getting quality homework writing help. In case of any dissatisfaction, we offer unlimited revisions and rewrites without extra charges.

Timely delivery of papers

Tight deadline? Is your paper due in the next few hours? Worry no more. Our writers are here for your rescue. Many college students find it hard to balance their social and academic life and get caught up with academic deadlines. Drafting your paper at the last minute does not allow you to conduct extensive research and craft the correct answers. We have expert writers ready to work on your assignment writing. Urgent writing services are the ultimate solutions you need. We guarantee you timely delivery of papers at your convenience and specified time delivery of the customer.

100% Original Tasks

The ultimate deal-breaker in achieving good grades is submitting imitative papers. Plagiarism is a breach of examination standards and has serious consequences. Students need to deliver papers written in their understanding by paraphrasing their research findings and relevant citations. Our expert's primary consideration is providing free plagiarized papers that meet the lecturers' requirements. Our editors will proofread your paper before delivery ad ensure your papers will not be substandard. We guarantee extreme originality, and in case of any customer concerns, we offer a plagiarism report.

All Round the clock Customer Support

Our website is user-friendly and super useful! Mycoursewriter is the most trusted online writing website always available to provide you with assignment writing services that you need. Our primary concern is meeting customer need specifications by our friendly customer support team that Is available all the time. Our website usability is self-learnable but in case of any problem, feel free to contact us directly through our website email: We have diligently satisfied thousands of students, and you can witness this on our sites' review page.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Advantages of Using Our Assignment writing Services

Mycoursewriter welcomes you for superb essay writing services. We are a legit site offering help with your most challenging homework writing assignments at affordable prices. Your essay paper will be assigned to a professional writer who will craft the paper from scratch according to your provided instructions.


Essay Writing and Proofreading Services

Essay writing is a common assignment writing for most college students. It takes a lot of time to craft a complete perfect essay. Mycourserwiter offers the best essay writing and proofreading services for most college students. Your paper is assigned to an expert writer who does thorough research on fresh ideas and personalizes your essay paper according to your assignment writing guidelines. Our essays are entirely exceptional and undergo a strict procedure that includes papers free from plagiarism and thorough proofreading.


Admission and Business Papers

Writing an admission paper is not every student's desire, and this should not hinder any student from earning an admission. Writing a perfect personal statement to earn a position in a dream school or job can be stressful. Personal statements should display a high level of confidence and uniqueness. Admission essays require you to have a vast knowledge of the current happenings in the world and knowhow of the business world. We have qualified writers with skills who will write your admission paper through comprehensive research. All you have to do is provide us with little details about yourself, instructions and our writers will craft a perfect paper for you.


Editing and Proofreading

Mycoursewriter offers you assignment writing services free from grammatical and formatting mistakes. An error-free paper is significant in scoring the desired maximum grades. We have a team of editors who will go through your paper after our expert writers have delivered their fully crafted papers. Our writers will cover all the aspects of your paper instructions, such as fonts, spacing, and educational formats. Our team of editors will check through your paper to make sure it meets the formatting style provided in the paper instructions. Under no circumstances will a poorly formatted paper will be forwarded to you as our team of editors will ensure careful proofreading.


Technical Papers

Assignment writing is part of a learning process, and one may not have the knowledge to answer all questions correctly. This should not be a stress to you as we have qualified essay writing experts to help you. Our qualified writers are holders of PhDs, Degrees, and Masters in different areas of study and can handle any papers regardless of the complexity. Multiple assignments may be challenging to finish on time. Our skilled professional writers are here to assist you in crafting all the correct answers for your assignment. Stop stressing about your homework writing and place an order with us, and our expert writers will provide you with the best assignment help.