Statement of Ethics
Our Mission is to offer our members quality goods and services at the lowest possible prices (Data monitor, 2011). In order to realize our mission, we will execute our business with the following Code of Ethics in mind:
Code of Ethics
Our code of ethics will focus on five critical elements:
Taking care of our members
Obeying the law
Taking care of our employees
Respecting our suppliers
Rewarding our shareholders
The achievement of the first four elements will facilitate the ability of Costco to realize its ultimate goal in relation to Rewarding Shareholders.
Obeying the Law
The law is the ultimate facilitator in the execution of the business operations (Wadhwa, 2009). Our business must operate in total compliance with the laws of every community and location thus the need to pledge to:
Adhere and comply to all laws and legal requirements
Uphold all public officials...
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