"I just think people need to make a living wage with health benefits. It also puts more money back into the economy and creates a healthier country. It's really that simple."
Costco CEO Craig Jelinek.
If every CEO thought like that it would be amazing.
I think everybody should have a living wage, food, transportation, education & healthcare without having to go to work every day.
That would totally eliminate the need for a good economy.
That's great that Costco is able to do this. My neighbor works for Costco and has nothing but good to say about the company. The reason an economist wouldn't say this is because it's just not practical for all businesses.
So the competition's CEOs don't think this way.
...said literally no one ever.
Unreasonably massive carts. Cavernous aisles. Crazy people tackling each other to get in line for corn chip samples. Towering stacks of windshield wiper fluid that may topple onto me at any second.
If you're one company, and your competition doesn't think this way, doesn't that mean that mathematically, it's impossible to say most CEOs think this way?
That's kinda funny because we started shopping Costco because it was so perfect for a kid. Massive carts, huge aisles with large products that can't be easily knocked over, samples to keep him busy... Odd how that works out. ;)
and you have to admit, love the free samples
I love this guy!
Why are you scared of Costco?
They should and the ACA has set that goal back. Hopefully with a new administration we can rectify that.
Costco is the best store ever. No comeback to that.
The ACA has set what goal back how now?
We're going to terror threat burgundy!!!
Yeah if I were a kid I would probably love it :)
I wish I weren't so scared of Costco. I want to make love to it.
Logically yes if all things are equal but they never are.
In my case specifically, most of the competition is from Mexico & china. However, many of us compete with individuals that don't have our costs.
Most CEOs do think this way,
They want to attract & keep the best staff possible.
Unfortunately, the customers demand lower prices & the competition gladly provides it.
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