Buy custom Costco's Extravagant Labor Costs Help Stockholders
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1018 |
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Yet, Costco’s CEO, Jim Sinegal, refuses to exploit this method to pursue much desired profit.
The Wall Street Journal reports that Costco pays a penalty for its generosity; in 2003, Costco had to lower its earnings forecasts twice. “The company's shares trade at only about 20 times projected per-share earnings for 2004, compared with about 24 for [the Wal-Mart empire],†says Dreher...
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Dreher concurs, "Public companies need to care for shareholders first. Costco runs its business like it is a private company."[9]
Is Jim Sinegal catering to his employees and customers at the shareholders’ expense? Can Costco’s shareholders hold Jim Sinegal’s head to the proverbial execution block? In a word—yes...
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General points of the essay
Costco's Extravagant Labor Costs Help Stockholders
costco
Costco Wholesale
Costco Wholesales
Costco Research
Costco Market
Costco Wholesale Corporation
The Business Organization Costco
Costco Case Analysis
Costco: Internal/External Analysis
Costco: An inspirational approach to business
Costco Wholesale Corporation Case Study
Costco - Sustainable growth model, 1997-2001
Costco Wholesale Corp: Mission, Business Model, and Strategy
Wall Street Journal Article
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