Explain how Costco is able to provide higher compensation to its employees and still be successful in the use of a low price competitive strategy.
Read the Costco case, Chapter 11, on pages 303 – 306. Use the Case Study Template to set up your case analysis paper. Case Questions – Answer these questions and other issues on the leadership model used (see the grading rubric) within the case setup specified above. DO NOT COPY THE QUESTIONS INTO YOUR CASE ANALYSIS: 1. Explain Costco’s ssuccess in terms of the three performance determinants in flexible leadership theory (efficiency, adaptation, and human capital). HINT: Your textbook is one source for this information. REMEMBER – THIS IS THE LEADERSHIP STYLE YOU ARE TO DISCUSS AND SHOW HOW IT IS DEMONSTRATED IN THE CASE! 2. Explain how Costco is able to provide higher compensation to its employees and still be successful in the use of a low price competitive strategy. 3. Use relevant leadership theories to analyze the behavior of the CEO and describe his influence on the company.