History of Costco
The year and location of the first warehouse bearing the name Costco Wholesale
What is 1983 in Seattle, Washington?
The first three of the six rights of merchandising.
What are the right merchandise, in the right place, at the right time?
The Rothman Workplan is a toolbox for "____".
What is inclusion?
Ensuring IRC limits are followed upholds this portion of the Code of Ethics.
What is respect our suppliers?
The Costco Mission Statement.
What is to continually provide our members with quality goods and services at the lowest possible prices?
First president and CEO of Costco Wholesale
Who is Jim Sinegal?
The last three of the six rights of merchandising.
What are in the right quantity, in the right condition, at the right price?
Reviews for new hires should be conducted at these intervals.
What are 30 and 90 days?
Providing quality benefits upholds this portion of the Code of Ethics.
What is take care of our employees?
These units allow us to ring twice as many members as three traditional registers in the same amount of space.
What is Self Check Out?
The average number of SKUs carried by a Costco Wholesale warehouse.
What is 4,000?
The first three of the six rights of people.
What are the right people, the right environment, and the right training?
Schedules should be posted this far in advance for hourly employees.
What is two weeks?
Limiting loss (shrink) in order to protect our profits upholds this portion of the Code of Ethics .
What is reward our shareholders?
Costco saves money by eliminating distributor costs and distribution channels by purchasing directly from "____".
Who is the manufacturer?
The name of the first ever membership club.
What is Price Club?
The last three of the six rights of people.
What are the right compensation, the right programs, and the right opportunities?
The content of a review should never be this.
What is a surprise?
Selling items for as little as we can upholds this portion of the Code of Ethics.
What is take care of our members?
Costco revenue comes from these three things.
What are merchandise, services, and membership fees?
The man who served as chairman of the board when Costco opened.
Who is Jeff Brotman?
Our private label brands provide a minimum of "_____" percent savings over national brands.
What is 20%?
The acronym S.M.A.R.T represents these five terms.
What are specific, measurable, achievable, results-oriented, and time-bound?
Ensuring the accuracy of weights and measures upholds this portion of the Code of Ethics.
What is obey the law?
This function was recently added at the gas station to increase efficiency.
What is tap to pay?