Costco Mission and Vision Statement

Costco Mission and Vision Statement

Costco’s mission statement is “to continually provide our members with quality goods and services at the lowest possible prices.” And Costco’s vision statement is to make their business “a place where efficient buying and operating practices give members access to unmatched savings.”  Costco Wholesale is an American multinational retail chain that operates on a wholesale […]

Microsoft SWOT Analysis

Microsoft SWOT Analysis

From the operating software which makes your laptops, PCs, and even mobile devices work to the latest version of the Xbox gaming console, it seems everyone is using a Microsoft product. How did this company reach the apex of the tech industry and contribute significantly to the technology sector while remaining at the frontline of […]

Rakuten Business Model

Rakuten Business Model Canvas - Rakuten Business Model

The Rakuten business model is a simple approach where stores pay the company for sending customers to buy products from their websites. Rakuten then shares the commission with the shopper through cash back. You must purchase through Rakuten’s app or website and have the purchase verified by the retailer to receive your cashback.  Rakuten offers […]

Is PayPal Profitable?

Is PayPal Profitable?

Is PayPal Profitable? PayPal is a highly profitable company. In 2022, the company’s revenue was $27.5 billion, out of which it made $2.4 billion in net profit. In 2021, PayPal generated $25.37 billion in revenue, an increase over the previous year’s $21.45 billion. PayPal makes money by pressing fees charges on payment recipients.  While many […]

IKEA Mission and Vision Statement

IKEA Mission and Vision Statement

IKEA’s mission statement is “to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them.” And IKEA’s vision statement is “to create a better everyday life for many people.” IKEA has long been one of the most successful companies […]

PESTLE Analysis: Environmental Factors Affecting Business

PESTLE Analysis: Environmental Factors Affecting Business

The PESTLE analysis is a strategic tool used to gain information and insight into the external factors that may affect a business. It is an extension of the PEST analysis, which stands for political, economic, social, and technological factors. This acronym further expands by adding legal and environmental considerations. As part of this process, businesses […]

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