Essay About Costco’S Mission Statement And Mission Statement
Essay, Pages 1 (958 words)
Latest Update: October 5, 2021
Costco’s Mission Statement for Goodness of MissionCostco’s mission statement for goodness of missionA goodness of mission depends on all three components of business statements, the mission being well balanced between narrow and broad, the vision being graphic, directional, focused, flexible, feasible, and easy to communicate, and the philosophy has to be inspiring while also showing the values and beliefs of the organization. The extended mission statement that was sent to the shareholders stated Costco’s desire to bring value to the customers with low pricing and quality goods, excellent customer service, adhering to a strict ethics code that is based around treating all involved with the company well, and ending with responsibility towards corporate citizens and the environment. I believe Costco showed many of these very well in its mission statement, but may have lacked on a couple areas that could have been explained differently.
In summary, the Mission Statement of Costco
“Costco is an honest company to share with shareholders. And at the same time, the company’s mission statement says that its mission is to create products that the consumer is satisfied with, and have good faith that they are going to purchase them. Costco’s mission statement may be less focused on what it does that is important to them but it will reflect company values and actions to the benefit of everyone. By offering low-cost products that serve a diverse customer base and are highly reliable, Costco keeps the values we share with customers, consumers, and employees relevant to the business. It will make Costco better and more informed about the challenges we face, and more accountable to customers. Costco also delivers the most quality products, especially the quality that customers are willing to pay, on a timely, affordable basis, all in a more accessible and accessible fashion that is easy for our customers to find, the only way for us to succeed better, more easily and more quickly. Costco believes, for that reason alone, that its mission statement is a great tool for helping us grow and deliver better value to our shareholders and the broader communities that depend on the business.”
In summary, the Mission Statement of Costco
“Costco is an honest company to share with shareholders. And at the same time, the company’s mission statement says that its mission is to create products that the consumer is satisfied with, and have good faith that they are going to purchase them. Costco’s mission statement may be less focused on what it does that is important to them but it will reflect company values and actions to the benefit of everyone. By offering low-cost products that serve a diverse customer base and are highly reliable, Costco keeps the values we share with customers, consumers, and employees relevant to the business. It will make Costco better and more informed about the challenges we face, and more accountable to customers. Costco also delivers the most quality products, especially the quality that customers are willing to pay, on a timely, affordable basis, all in a more accessible and accessible fashion that is easy for our customers to find, the only way for us to succeed better, more easily and more quickly. Costco believes, for that reason alone, that its mission statement is a great tool for helping us grow and deliver better value to our shareholders and the broader communities that depend on the business.”
“Costco is an honest company to share with shareholders. And at the same time, the company’s mission statement says that its mission is to create products that the consumer is satisfied with, and have good faith that they are going to purchase them. Costco’s mission statement may be less focused on what it does that is important to them but it will reflect company values and actions to the benefit of everyone. By offering low-cost products that serve a diverse customer base and are highly reliable, Costco keeps the values we share with customers, consumers, and employees relevant to the business. It will make Costco better and more informed about the challenges we face, and more accountable to customers. Costco also delivers the most quality products, especially the quality that customers are willing to pay, on a timely, affordable basis, all in a more accessible and accessible fashion that is easy for our customers to find, the only way for us to succeed better, more easily and more quickly. Costco believes, for that reason alone, that its mission statement is a great tool for helping us grow and deliver better value to our shareholders and the broader communities that depend on the business.”
