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Costco's Extravagant Labor Costs Help Stockholders
Essay specific features
Written by:
Barbara D
Date added:
March 22, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 1018
Was viewed:
6765 times
Rating of current essay:
Essay content:
The immutable law of this land is to maximize profit; that is, to increase sales or to decrease costs. Multi-billion dollar corporations categorize employee wages and insurance as costs and cut them in an effort to maximize profits. However, Jim Sinegal’s Costco provides a refreshing exception to this corporate cannibalism...
displayed 300 characters
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Multi-billion dollar corporations categorize employee wages and insurance as costs and cut them in an effort to maximize profits. However, Jim Sinegal’s Costco provides a refreshing exception to this corporate cannibalism. Costco sees the respectable treatment of employees as an investment instead of an unnecessary cost...
displayed 300 characters
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