Perform an analysis of best buy

Assignment Help Marketing Management
Reference no: EM131196723

Part A: 80% of the assignment grade

Perform an analysis of Best Buy Co. Inc. Your analysis will draw on the Form 10K (as of February 2013). Your analysis can include information prior to February 2013 but should not draw on any information that you might come across that is post-February 2013. Bear in mind that as a strategic manager you do not have the benefit of foresight and hence your analysis must be confined to the period defined in the Form 10K as of February 2013 for this assignment.

Address the following in your analysis:

  1. Read the Best Buy Case and identify and analyze the company's strategies. Your answer must identify clearly the firm's strategies and show your awareness of strategic management theory as it is being applied by the company.
  2. Prepare a Porter analysis of the industry in which Best Buy operates. The assessment of the Porter forces must be explained fully with reference to the evidence presented in the case. As stressed in the module, the Porter analysis is of the industry/sector in which the firm operates; focus your attention on the industry as a whole and be mindful of the segment in which Best Buy operates. The assessment must be complete and show your awareness of the all the factors shaping the industry.
  3. Prepare a SWOT analysis of the company, revealing your awareness and understanding of the firm's competencies, capabilities, and resources and relate the same to the opportunities and threats confronting the firm. Using the SWOT as your guide, provide insight in the strategies that Best Buy selected. Is the firm's strategic direction consistent with what you have determined from the SWOT?
  4. Prepare a macro-environment analysis for the industry in which Best Buy operates. Explain fully if and how the company is being affected by macro forces and determine if these forces are reflected in the firm's strategies.
  5. Based on your awareness of the firm as revealed in questions 1-4, provide an assessment of the firm's overall strategic options and alternatives.

Reference no: EM131196723

Questions Cloud

Marketing environment in the next decade : Third, a greater number of dual-career families has created demand for time-saving goods and services. Which social factors do you think will have the greatest impact on the marketing environment in the next decade and why?
Explain what we mean by an organizational compliance plan : Please explain what we mean by an organizational compliance plan and what effect it can have on the overall management of a healthcare practice?
Write an essay on the infection control : Choose one of the pathogens listed below in order to prepare a three thousand word essay on the infection control and/or public health issues that the organism poses in Australia and/or in a contrasting country
Other theme s prices their theme park tickets : Your job is to find out as much as possible about how (or could) Disney or other theme park’s prices their theme park tickets, options and discounts, i.e., what pricing models do they use? (Timesaver: Disney is not going to tell you.) How does Disney..
Perform an analysis of best buy : Perform an analysis of Best Buy Co. Inc. Your analysis will draw on the Form 10K (as of February 2013). Your analysis can include information prior to February 2013 but should not draw on any information that you might come across that is post-Feb..
Explain the student engagement in collecting their learning : Explain Details on student engagement in collecting, reflecting, and presenting their learning. Evaluation tool that measures student learning
Each of the range and township lines in the sketch : Use a simple sketch to show the location of T5S, R6E. Appropriately label the principal meridian, base line, and each of the range and township lines in the sketch. Use a simple sketch to show the location of the parcel described as ”the NW ¼ of the ..
How to implement a data-driven instructional system : Create a 2-3 -slide presentation that you would use to teach a team of teachers how to implement a data-driven instructional system.
How does telemedicine differ from the traditional medicine : What obstacles can prevent healthcare providers from seeing telemedicine as a reliable option, even when access to traditional medicine is difficult or out of reach?

Reviews

Write a Review

Marketing Management Questions & Answers

  Supervisors often identify time and stress management as

supervisors often identify time and stress management as important issues that can get neglected if not made a point of

  Analyze the reasons why the chinese government hired a

write a four to five 4-5 page report that answers the followingnbspnbspnbsp analyze the reasons why the chinese

  Manufacturer

Manufacturer plans the product mix designs the shoes determines the materials

  Identify the steps of product development

Identify the steps of product development

  Identifies critical tasks of the film

Market wise, the firm hired to coordinate the release of killer worm's toys; identifies 20 critical tasks to be completed before the release of the film

  Explain how the marketing plan targets the market segment

Explain how the marketing plan targets the market segment. Provide a positioning statement for your project.  • Define the products and services you will offer

  What are components of an online business model

What are the four components of an online business model and critics of the Rayport and Jaworski text (2004) believe that the authors' online business model has its limitations.

  The reservation prices for the segments

The reservation prices for the segments

  Explain business decisions and e-business environment

Explain business decisions and e-business environment

  Prepare sound promotional and distribution strategy

Creating A Sound Promotional and Distribution Strategy, In this Assignment, you will be using the PowerPoint narration tool to create your own audiovisual presentation. Once you have done this, you can put this skill on your resume

  Prepare an advertisement for that position

Prepare an advertisement for that position that complies with federal law. This advertisement must be detailed

  What do you think are the most important

q1. what do you think are the most important characteristicsattributes of successful sales people? discuss btwsales is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd