What Makes Cotsco the Best Place to Work and Why Research Paper

What Makes Cotsco the best Place to Work and Why - Research Paper ExampleCostco operates in an industry which is highly prevail by other players. The sales breakdown structure as per global industry has been represented in figure 1.On the basis of figure 1 it can be denoted that Costco occupies a certain ploughshare of overall sales margin but maximum sales percentage is acquired by Walmart. Global rivalry is one of the private road forces responsible for shaping organizational environment. Sams Club of Walmart effectively competes with Costco. porters beers five forces model is able to denote certain driving forces prevalent in the industry. little terror of substitutes is strong in this particular industry due to more product features, comparable product line, baseborn prices, low switching costs, etc. There is intense competition prevalent in global sell or wholesale industry but Costco is able to survive through offering better caliber products at low prices, addressing growing customer demand, etc. The company is engaged into offering best lever and this weakens bargain power of customers. There is low threat of new entrants in this specific industry because of thug sum investment, well established players and narrow margin for product differentiation. Suppliers usually impose lower bargaining power due to wide array of suppliers and high requirement of bulk quantities. Market saturation is some other driving force that is shaping external environment of Costco. The company needs to continuously develop modernistic strategies in order to remain competitive in the market place. Increasing costs is also considered to be a driving force since it is enabling substitutes to gain market presence. Costco encompasses an employee base of 195,000. These employees are not citizens of join States but belong to different country and culture. This aspect of workforce diversity is also a driving force since it influences the company to undertake decision suitable for all