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Comparison between two retail companies picked are Walmart and Costco

The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...
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Think, if this is how a Government rules!!


Once upon a time the government with Ruling Party XYZ.. had a vast scrap yard in the middle of a desert. Ruling Party XYZ Said..
- "Someone may steal from it at night."

So they created a night watchman position and hired a person for the job. Then Ruling Party XYZ Said..

- "How does the watchman do his job without instruction?"

So they created a planning department and hired two people, one person to write the instructions, and one person to do time studies. Then Ruling Party XYZ Said..,

- "How will we know the night watchman is doing the tasks correctly?"

So they created a Quality Control department and hired two people. One to do the studies and one to write the reports. Then Ruling Party XYZ Said.. ,

- "How are these people going to get paid?"

So they created the following positions, a time keeper, and a payroll officer, then hired two people. Then Ruling Party XYZ Said..,

- "Who will be accountable for all of these people?"

So they created an administrative section and hired three people, an Administrative Officer, Assistant Administrative Officer, and a Legal Secretary. Then Ruling Party XYZ Said..,

- "We have had this command in operation for one year and we are $18,000 over budget, we must cutback overall cost."
 So they laid off the night watchman.
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