This assignment utilizes a case depicting a real-life situation of which you will conduct a detailed case analysis. This will involve reading the provided case, researching the company, identifying a problem/challenge, and compiling three to five potential alternatives that could solve the problem. Best Buy Co., Inc. Case Analysis

You will be required to analyze a specific case that represents a real situation. You will need to read the case and research the company.
Finally, you will conduct additional research in order to determine which of the alternatives you will recommend—include your rationale and supporting research.
First, read the case study: “Best Buy Co., Inc.,” found beneath the Unit II Study Guide on the Unit II homepage. To complete the assignment, you will need to use the Case Analysis Template. To complete this analysis, you will use the CSU Online Library as supporting documentation.
It is expected that a minimum of three managerial tools be used including (but not exclusively) political, economic, sociocultural, technological, ecological, and legal (PESTEL), strengths, weaknesses, opportunities, and threats (SWOT), Porter’s Five Forces, balanced scorecard, gap analysis, root cause analysis, and/or McKinsey 7-S Model. These tools can be found in the Unit I or Unit II lessons.

 

Case Analysis for Best Buy Co., Inc.

Answer

Introduction

To be successful and remain viable, businesses must adjust to change. It is important to do thorough market research in order to understand the business and their potential customers. To maximize profitability, a business should be focused on the long-term. This is essential to have strategic plans and thoughts.

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