MAN 4720 EFSC Strategic Management and Decision Making at Costco Wholesale Case Study PPT Must guarantee an A create their own Master Slide to make the pre
MAN 4720 EFSC Strategic Management and Decision Making at Costco Wholesale Case Study PPT Must guarantee an A create their own Master Slide to make the presentation very professional. Also, come up with a name for your consulting company, if you like. Ensure that your name is on the title slide and the name of the case study with the appropriate date. Feel free to embed artwork, photos, exhibits, figures, graphs, tables, and so on. A good presentation should not be entirely text (unless to plan on putting your audience to sleep). Typically, I recommend that a presentation should not have a lot of detail for in-class presentations as the presenter fills in the detail while going through the presentation. This does NOT work for an online course as we have this summer. I can only read what you actually write, so MORE detail is needed in your presentation to ensure that it is thorough and complete. Each student will act as if he/she were a member of the “Board of Directors” or as paid consultant in each one of these case studies. If the companies or organizations were perfect, then they would never be the subject of a case study. Bad management and problematic strategies make for good case studies. So, how about assessing the company and making some recommendations to fix any noted deficiencies or potential problems? You will create and develop a comprehensive MS PowerPoint to address the questions (under the Modules Tab) and make your recommendations. Assess and evaluate the underlying problems and perform a situational analysis. Answer the questions by developing a presentation that the team will deliver orally in class to address how you, as a team, answered these questions. Be creative, analytical, and problem-solving in your deliberations as a team. Act like the board of directors or trustees which is empowered to set the strategic, tactical and operational goals of the business. As you satisfied with the status-quo as described in the case study? Perform a root cause analysis, or maybe a SWOT analysis, or Porter’s Five Forces assessment. What are your recommendations? Also, you may think of yourselves as paid consultants to these organizations. What would you do to earn that considerable payment when called upon to rescue a failing or poorly performing organization? Use the questions found under the MODULES tab to help assess and evaluate the case study as well as to make your overall analysis of the situation. Try to have some fun with this assignment. Be creative in your MS PowerPoints. You have wide latitude to design your PowerPoints as long as the end product looks very professional. Remember that executives and consultants are paid big bucks for work like this, so try to be highly professional and have your product (i.e., the MS PowerPoint) look appropriate for the board room. Costco Wholesale in 2017Mission, Business Model, and StrategyAssignment Questions1. What is Costco’s business model? Is the company’s business model appealing? Why or why not?2. What are the chief elements of Costco’s strategy? How good is the strategy?3. Do you think Jim Sinegal was an effective CEO? What grades would you give him in leading the process of crafting and executing Costco’s strategy? What support can you offer for these grades? How well is Craig Jelinek performing as Sinegal’s successor? Refer to Figure 2.1 in Chapter 2 in developing your answers. 4. What core values or business principles did Jim Sinegal stress at Costco?5. (In the event you have covered Chapter 3) What is competition like in the North American wholesale club industry? Which of the five competitive forces is strongest and why? Use the information in Figures 3.4, 3.5, 3.6, 3.7, and 3.8 (and the related discussions in Chapter 3) to do a complete five-forces analysis of competition in the North American wholesale club industry. 6. How well is Costco performing from a financial perspective? Do some number-crunching using the data in case Exhibit 1 to support your answer. Use the financial ratios presented in Table 4.1 of Chapter 4 (pages 104-105) to help you diagnose Costco’s financial performance.7. Based on the data in case Exhibits 1 and 4, is Costco’s financial performance superior to that ofSam’s Club and BJ’s Wholesale?8. Does the data in case Exhibit 2 indicate that Costco’s expansion outside the U.S. is financially successful? Why or why not?9. How well is Costco performing from a strategic perspective? Does Costco enjoy a competitive advantage over Sam’s Club? Over BJ’s Wholesale? If so, what is the nature of its competitive advantage? Does Costco have a winning strategy? Why or why not?10. Are Costco’s prices too low? Why or why not?11. What do you think of Costco’s compensation practices? Does it surprise you that Costco employees apparently are rather well-compensated? 12. What recommendations would you make to Costco top management regarding how best to sustain the company’s growth and improve its financial performance?
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