Management and Organizational Studies 4410A/B Lecture Notes - Lecture 11: Cash Flow, Inventory Turnover, Costco

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 4410A/B
• Professor: John White

Document Summary

Vision provide our member s with quality goods and services at the lowest possible. Rapid inventory turnover: calculate age of inventory. Does that make sense: some of the objectives has to be a little be more specific and measurable, leave achievable to analysis in the later part. Threat of entrants low: market share has taken by most of the retailers, partnership of suppliers and retailers, low profit margin. Threats of rivalry high: costco, sandcup, gold star. Power of suppliers high: brand matters to customers. Power of buyers moderate: switching cost is moderate. Threats of substitutes high: every other stores. **characteristics of the industry (how hard to make money?) Growing 15-20% faster than retailing as a whole. The industry was affected in the industry and able to bounce back quickly. Transferring to online retail which makes it difficult when just selling with low cost. Raise of minimum wages which would cause by legislation.