Porter’s 5 Forces: Analyzing the Competition
Please research
and answer the following questions to generate a thoughtful discussion:
Explain why it is essential for
Costco’s corporate accounting, marketing, and operations management business
units to access and analyze information about individual store sales.
Explain how systems thinking supports
business operations and how MIS solves the issue with information silos
throughout Costco’s entire worldwide organization.
Only members of Costco can purchase
products at Costco. Which of Porter’s Five Forces did Costco address through
introducing its members-only program?
How is Costco addressing the other
Porter forces?
Which of the three generic strategies
is Costco following? What is their rationale for pursuing this strategy?
Explain why competitive advantage can
only be temporary
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