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Since our founding, Costco has operated under the guiding principle of doing the right thing – for our members, our employees, our suppliers, our communities, and the environment. We understand that when we do the right thing, good things happen.
Here at Costco, we have a very straightforward, but important mission: to continually provide our 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: Obey the law. Take care of our members. Take care of our employees.
The in-depth analysis of Costco’s mission statement, vision statement, core values, and sustainability goals in this review will help you understand the reason behind the success of this wholesale giant.
The Costco story begins in 1976, when entrepreneur Sol Price introduced a groundbreaking retail concept in San Diego, California. Price Club was the world’s first membership warehouse club, a place where efficient buying and operating practices gave members access to unmatched savings.
Costco’s Mission Statement. Costco’s mission is “to continually provide our members with quality goods and services at the lowest possible prices.” This mission gives an overview of the company’s business purpose, the nature of its business, and what its stores can offer to shoppers.
Costco’s mission statement is “to continually provide our members with quality goods and services at the lowest possible prices.” And Costco’s vision statement is to make their business “a place where efficient buying and operating practices give members access to unmatched savings.”
The Costco Mission Statement and How It Impacts Company Culture. Costco's Vision and Values Were Driven by Its Two Founders. Costco Wholesale Honolulu. As far as wholesale warehouse shopping experiences go, there's something distinct about culture of Costco that makes it stand apart from the rest.
Costco’s mission statement contains references to its business model; The company’s philanthropic efforts indicate its course going forward; The retailer’s primary purpose is to provide the best services and products to its customers; Putting the Climate Plan into action is one of the biggest challenges Costco is facing in the future
Costco mission and vision statements help define what the company is working towards and how it remains to be one of the most successful companies in the world. Read on for a breakdown of the company's mission and vision statements and its core values.
Costco's mission statement is the heart of the company's working principle, and its vision shows in all its business operations. Further, the core values followed by the company keep every aspect of the business triumphant, whether it is law, customers, or the stakeholders.