How is Costco’s business model different from other retailers such as Walmart and Sam’s Club? Why do you think Costco’s strategy works?Explain

“Case Application 2: A Simple Strategy at Costco”

How is Costco’s business model different from other retailers such as Walmart and Sam’s Club? Why do you think Costco’s strategy works?

Beyond lower turnover, how else does Costco benefit from treating its employees well?

 

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