How a firm intends to make a profit
Questions
Your text\\\’s author is somewhat too detailed in his definition of business models. I prefer the more direct: \\\”how a firm intends to make a profit\\\” (to paraphrase Michael Lewis). Which parallels Peter Drucker\\\’s: \\\”How do we make money in this business?\\\” (HBR – business model article (Links to an external site.)). What is Cosco\\\’s business model? Is the company’s business model appealing? Why or why not?
2. Offer a couple of examples of business models not covered by your instructor or the text\\\’s author?
3. What key factors may determine the success of Costco Wholesale?
4. What is Costco\\\’s mission? How does Costco fulfill its mission?
5. What is Costco\\\’s business strategy?
6. Have you ever been in a Costco? What did you think of the shopping experience? Is there anything they can do better to improve their
customers\\\’ shopping experience?
7. Is there something about the Costco Wholesale case you would like to discuss? Use this venue to \\\”chat\\\” about any aspect of the company in the
case that is of interest to you.
Requirements: 1 page
Answer preview to how a firm intends to make a profit
APA
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