Question: i need help from question 5 to 10 please? gs Costco Wholesale Corp. in 2018: Mission Business Model, and Strategy Assignment Mr.Craig Jelinek is a

i need help from question 5 to 10 please? i need help from question 5 to 10 please? gs
i need help from question 5 to 10 please? gs
i need help from question 5 to 10 please? gs
gs Costco Wholesale Corp. in 2018: Mission Business Model, and Strategy Assignment Mr.Craig Jelinek is a very capable CEO for Costco. In 2018, Costco was operating 750 membership warehouses, including 520 in the United States and Puerto Rico, 98 in Canada, 38 in Mexico, 28 in the United Kingdom, 26 in Japan, 14 in South Korea, 13 in Taiwan, 9 in Australia, 2 in Spain, 1 in France, and 1 in Iceland. Costco also sold merchandise to members at websites in the United States, Canada, the United Kingdom, Mexico, South Korea, and Taiwan. Over 90 million cardholders were entitled to shop at Costco as of January 2018; in fiscal year 2017, membership fees generated over $2.85 billion in revenues for the company. Headed into 2018, on average, traffic at Costco's warehouse locations averaged 3 million members per day. Annual sales per store averaged about $170 million ($3.3 million per week) in 2017 over 70 percent higher than the $99.2 million per year and $1.9 million per week averages for Sam's Club, Costco's chief competitor. In 2014, 165 of Costco's warehouses generated sales exceeding $200 million annually up from 56 in 2010; and 60 warehouses had sales exceeding $250 million, including two that had more than $400 million in sales. In 2018, Costco was the only national retailer in the history of the United States that could boast of average annual revenue in excess of $170 million per location. However, Costco has been facing growing competition from various types of retailers. Costco management has employed your team as consultants and asked you to assess the company's strategy, competitive market position and overall situation, and recommend a set of actions to O earch Chp $ & 3 4 5 6 7 8 E P. R Y T F G D J H K L Senty.emon G Google Sign-up or Login to However, Costco has been facing growing competition from various types of retailers. Costco management has employed your team as consultants and asked you to assess the company's strategy, competitive market position and overall situation, and recommend a set of actions to improve the company's future prospects. Please prepare a report for the senior executives at Costco that includes - an identification of the key elements of the company's present strategy. The pros and cons of the company's strategy, an assessment of Costco's strengths, weaknesses, opportunities and threats, an evaluation of its financial performance, and the strategic issues and problems that Costco's management needs to address to maintain its competitive lead. You need to make a set of action recommendations to deal with the issues and problems identified by you. Lead Questions 1. What are the key components of Costco's business model? 2. What are the main elements of Costco's strategy? 3. Draw a representative five-forces diagram for the North American wholesale club industry 4. What is your assessment of the strength of competitive pressures stemming from rivalry among Costco, Sam's Club, and BJ's Wholesale? 5. What is your assessment of the strength of competitive pressures stemming from the threat of entry of new competitors into the North American wholesale club market? 6. What is your assessment of the strength of competitive pressures stemming from substitutes for shopping at wholesale clubs? 7. What is your assessment of the strength of competitive pressures stemming from e to search o E > 9 . $ 2 3 4 96 5 6 00 9 W E R T s D IT G H K Student-my.emich G Google Sign-up or Login to... weaknesses, opportunities and threats, an evaluation of its financial performance, and the strategic issues and problems that Costco's management needs to address to maintain its competitive lead. You need to make a set of action recommendations to deal with the issues and problems identified by you. Lead Questions 1. What are the key components of Costco's business model? 2. What are the main elements of Costco's strategy? 3. Draw a representative five-forces diagram for the North American wholesale club industry. 4. What is your assessment of the strength of competitive pressures stemming from rivalry among Costco, Sam's Club, and BJ's Wholesale? 5. What is your assessment of the strength of competitive pressures stemming from the threat of entry of new competitors into the North American wholesale club market? 6. What is your assessment of the strength of competitive pressures stemming from substitutes for shopping at wholesale clubs? 7. What is your assessment of the strength of competitive pressures stemming from suppliers to the three North America-based wholesale club competitors? 8. What is your assessment of the strength of competitive pressures stemming from the customers/members of the three North America-based wholesale club competitors? 9. What is the collective strength of the five competitive forces facing the three North America-based wholesale clubs? 10. Based on your analysis please develop a set of recommendations for Mr. Craig Jelinek. 9 O PRE e s *

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