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Corporations are formed for lawful purposes and the intentions of the agenda must be expressed and stated in a jurisdictions corporate code or within the organizations charter. Powers within a corporation can be exploited in various ways. The major parties within a corporation that share powers include the officers, directors and shareholders. In the modern world, corporations undertaking business in the international market need to demonstrate responsibly the corporation’s progressive pathways match the responsibility their hold. Directors are the people managing the corporation and diving the goals of the shareholders with the day to day decisions of officers. Shareholders are the owners of the organization but have been given little decision making ability (Schwartz, 2017).
Costco corporate structure adopts the principles of responsible practices in the international market places it operates in. the organizational structure of Costco is broken into three main categories. These include the shareholders, the directors and managers of different divisions and sections, the employees who are the officers in charge of executing day to day activities.
Costco has a global corporate responsibility policy that governs all its actions and activities in every market it operates in. employees and all the management teams have specific objectives to follow that ensure all regulations are adhered to. The company has a fully beneficial corporate structure to the community it operates in.
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Kaye, L. (2018). Costco, the Genuine Retail CSR Leader? Retrieved 10 December 2018 from: https://www.triplepundit.com/2012/08/costco-genuine-retail-csr-leader/
Schwartz, M. S. (2017). Corporate social responsibility. Routledge.
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