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The "lowest possible price" is costco mission statement but "rewarding our shareholders" is part...

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Finance

  • The "lowest possible price" is costco mission statement but "rewarding our shareholders" is part of the value statement, what does Costco mean? Does Costco owe it to their shareholders to raise their prescription drug prices to maximize profit and reward shareholders with the best return OR do they owe their shoppers the lowest possible price? Why or why not?
  • Explain where is the line between social responsibility and shareholder return drawn, if you were a executive.

Where do you draw the line between taking care of the shareholders and corporate responsibility?

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