Purchase Solution

A Comparison of Costco to Wal-Mart's Sam's Club Analysis

Not what you're looking for?

Ask Custom Question

Does the essay by Wayne F. Cascio, "Decency Means More than 'Always Low Prices': A Comparison of Costco to Wal-Mart's Sam's Club," tend to support the position of Milton Friedman or R. Edward Freeman? Why?

What is the moral point of view, and why is it regarded as important? Defend or criticize the view that business people must operate from the moral point of view.

Please use: Beauchamp, T. L., Bowie, N. E., & Arnold, D. G. (2009). Ethical theory and business (8th ed.). Upper Saddle River, NJ: Prentice Hall.

Purchase this Solution
Solution Preview

The essay "Decency Means More than 'Always Low Prices', tends to support the position of Edward Freeman, due to fact that this essay seems to demonstrate and endorse the fact that morality is a part of the business paradigm that should be utilized and facilitated by businesses, and that Walmart seems to have a tenacious, take no prisoners attitude in respect to providing the lowest prices, regardless of the effects that their policies have on their employees, stakeholders, business associates, etc. This essay is more aligned with the position of Edward Freeman, due to the fact that this individual believes that it is the duty of business organizations ...

Solution provided by:
Marcel Parker, MPA
Education
  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
Recent Feedback
  • "Excellent work, from the time of my post to the time I received a response was days ahead of my requirements. "
  • "Great, Thank You for our Help!!"
  • "Excellent, thank you "
  • "Thank you"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

View More Free Quizzes
Related BrainMass Solutions

  • WalMart Strategic Audit

    The company also operates a chain of membership warehouses similar to Costco and B.J.'s, called Sam's Club, named after its founder Sam Walton.

  • A Strategic Overview of Wal-Mart 2010

    The company also operates a chain of membership warehouses similar to Costco and B.J.'s, called Sam's Club, named after its founder Sam Walton.

  • Comparing Wal-Mart's and Industry's Income Statements

    148105 Wal-Mart 1. Construct a comparison of Wal-Mart's and the industry's income statements around 1990 and quantify Wal-Mart's advantages. 2. Evaluate Wal-Mart's diversification into Sam's Clubs and supercenters.

  • Walmart: Market segmented, key players, advantages, problems

    Wal-Mart's main competitors in the industry are Target Corporation, Costco Wholesale Corporation and Carrefour SA, with Targets' revenue growth being 4.6% and Costco's revenue growth being 16.8% as compared to Wal-Mart's 5.4% (Yahoo Finance, 2011).

  • Wal Mart - advantage of opportunities in the environment

    In the Sam's Club warehouse business, Wal-Mart's chief competitor is Costco, which is slightly larger than Sam's in terms of sales, as well as the smaller BJ's Wholesale Club chain operating mainly on the East Coast.

  • Management Efficiency Ratio comparison for Wal-Mart and Target

    To get a more accurate picture of the performance a trend analysis over the past two years for Wal-Mart and Target was performed in the attached ratio worksheet. The ratios relate the balance sheet (assets) to the income statement (sales).

  • Strategic and Business Plan for Walmart

    The company also operates a chain of membership warehouses similar to Costco and B.J.'s, called Sam's Club, named after its founder Sam Walton.

  • Porter's Five Forces: Wholesale Club Industry

    Which of the three rivals has been the best performer? First of all BJ's is not quite as popular as Sam's Club or Costco because it doesn't have stores in many areas. In general Costco gets in more new products than Sam's Club.

  • Ratio Analysis for Walmart and Target

    Wal-Mart also operates Sam's Club; these are "warehouse clubs" which, like Costco, require membership dues and sell merchandise in large and inexpensive sizes and quantities.

View More Related Solutions