User Account

All Pages

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

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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