Costco's Management Style and How the Business Operates Research Paper

Costco's Management Style and How the Business Operates - Research Paper Example This research will begin with the statement that managerial functions refer to a set of practices that can enable the organizations to successfully accomplish their predetermined business targets. The organizations of the present business world tend to highly focus on developing as well as designing effective and well-built managerial functions that can lead them towards sustaining in this competitive financial market. The managerial functions are regarded as the primary factors of an organization that incorporates a major set of practices like planning; organizing, leading as well as controlling that can lead them towards accomplishing their expected business goals. Costco is globally well-known for its extensive operations of retailing broad assortment of products for a different group of customers across the globe. The organization principally involves a membership warehouse facility that is dedicated to providing extensive collection of quality based merchandise to its global cus tomers in a best possible price. Currently, Costco can be observed in more than hundreds of global locations with a wider range of merchandise, convenient specialty departments as well as elite membership services serving a different group of global customers. The managerial functions are regarded as the pivotal factors that significantly direct an organization to accomplish its broad array of business practices. According to the rapid development of the global business environment, the organizations seek to achieve better control of its range of activities to remain competitive.... te an effective set of managerial functions for the purpose of strengthening and developing its operational as well as managerial capabilities through designing effective set of planning, organizing, leading as well as controlling functions (Costco Wholesale Corporation, 2012). This can be better understood with the help of the following pictorial illustration. Source: (Daft & Lane, 2009) In relation to the business operations of Costco, it has been observed that the organization practices an effective set of managerial functions that enable the company to conveniently perform its wide range of activities by a considerable level. Planning Planning can be considered as the initial and major aspect of the managerial functions that perform by a particular organization. The phase highly involves unending course of functions that are set by the top hierarchical members of a specific organization (Lewis, Goodman, Fandt & Michlitsch, 2007). In relation to the present managerial functions of Costco, it can be identified that the top hierarchical members of the organization tends to make effective decisions in order to attain its expected business targets. In this regard, the decisions include setting any predetermined business goal, procedures along with policies and other plans to deliberately provide quality products or services to its potential customers. Moreover, the planning functions of the Costco also incorporate developing functional strategies and effective action plans that facilitates the organization to attract the customers by a greater extent (Costco Wholesale Corporation, 2011). In addition, the planning function of the organization also engages different marketing and promotional functions concerning warehouse opening, direct mailing to the new members along

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I will update the topic on the files, and you need choose it in a files "choose a sub" - Research Paper Example This led to the enforcement of the Oregon Death With Dignity Act which allows those physicians who have valid licenses to prescribe lethal doses to those patients who under reasonable medical judgment have only six months to live. There is, however, a series of safeguards which are in place to help in avoiding abuse cases. One of the necessities is that the doctor must ensure that the request by the patient is voluntary and one which is well informed. When Attorney General John Ashford took office in 2001, he led efforts meant to overrule the ODWDA by giving and interpretive rule on the issue (Durke 78). In the rule, he declared that the use of controlled substances in assisted suicide was contrary to CSA and thus practitioners who practiced it would be held responsible under the law. In the ruling made, the Supreme Court affirmed the decision which had been made by the 9th Circuit Court ruling. In the ruling, it was conclude that despite the fact that CSA gave the power of rulemaking to the attorney general; the same law prohibits the federal government from declaring a medical standard illegitimate including those standards which are authorized by the state laws. In making the decision, the court analyzed the constitutional scope of the powers of the federal government under CSA in enforcing standards. It established that there was no provision in the Act which gave the Attorney general the power to give a definition on what is considered to be the agreed or legalized medical practice. The Supreme Court judges concluded that the attorney general had the power to revoke and suspend the DEA registration of any physician if doing so will be in accordance with the interest of the public. This can happen when they are abusing prescriptions or using it in a way that is not consistent with state and federal laws. Moreover, they stated that the federal laws do not allows any