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Costco - Coggle Diagram
Costco
Competitive Advantage
Workforce
Healthcare benefits
Great hourly wages
Good treatment of workers
Low turnover rate
Differentiated Business Model
Membership Feature
Targeted customers
Pricing Authority
Low cost products
Offers competitive prices
Offer serious bargains
Negotiating low price with suppliers
Limited selection of products
External Environment
Task Environment
Competitors
Global warehouse market
Local warehouse market
Customers
Focus on customer value
Provide better for less
Customer Friendly
Memberships
Provide a self-service lane
Suppliers
Low price negotiation
Labor Market
Satisfied employees
General Environment
Legal/Political
Trade policies
Economic
Rising demands
Exchange rates
Consumer Behaviour
Sociocultural
Technological
Natural
International
Expansion into Asia
Quarter sales outside USA
Increasing overseas sales
Growth of store sales in Australia
Petrol retailing market in Australia