"Getting back to Costco: the abstract theorizing that MBA students
learn in microeconomics courses often has little relevance to practical
business situations. The simplified textbook models do teach the lesson
that policies like unions and the minimum wage are wrong — that message
comes through loud and clear. Economics as it’s taught in most American
colleges today encourages poor labor practices.
No wonder why Costco prefers its own cart-pushers to fancy MBA bean
counters. Costco’s business model relies on investing in its workers."
comparing Walmart and Costco should be a part of any MBA program. Costco cares for its employees.