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Exam (elaborations)

Costco Study Set – Complete With Solutions

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Costco Study Set – Complete With Solutions

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Costco Study Set – Complete With Solutions

Who are the key figures of Costco Right Ans - Craig Jelinek (CEO) - James
Sinegal (Co-Founder) - Jeffery Brotman (Co-Founder and Chairman)

Who are the fonders Right Ans - James Sinegal and Jeffery Brotman

What is Costco Right Ans - We are a membership warehouse club,
dedicated to bringing our members the best possible prices on quality
brand-name merchandise. With hundreds of locations worldwide, Costco
provides a wide selection of merchandise, plus the convenience of specialty
departments and exclusive member services, all designed to make your
shopping experience a pleasurable one.

The Costco mission statement Right Ans - To continually provide
members with quality goods and services at the lowest possible prices. In
order to achieve our mission we will conduct our business with the
following Code of Ethics in mind.

Code of Ethics Right Ans - Obey the law
Take care of our members
Take care of our employees
Respect our suppliers

Reward our shareholders

Where is the headquarters Right Ans - Issaquah, Washington

What and when was the first company location? Right Ans - The
companies first location opened under the Price Club name in 1976 and
was in a converted airplane hanger in San Diego, CA

Where was Costco first located Right Ans - Seattle, 1983

What is Costco's operating philosophy? Right Ans - Keep costs down and
pass the savings on to our members.

What are the three types of Costco Memberships Right Ans - Executive
($110) - Business ($55) - Gold Star ($55)

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