Costco opened its first Australian outlet in Melbourne in 2009 amid much media hype about the deep discounts on a wide range of products.Costco's business model requires consumers to become members with a subscription fee of $60 before they are entitled to make purchases from the store.Costco would best be described as a ________.
A)combination store
B)factory outlet
C)discount store
D)superstore
E)warehouse club

Question

Quizplus · Accepted Answer

Costco's business model, which involves membership and bulk buying, is characteristic of a warehouse club.

Costco Opened Its First Australian Outlet in Melbourne in 2009