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June 2, 2024

PLEASE AVOID plagiarism ALL ANSWERS MUST BE WITH YOUR OWN WORDS.

General Question

PLEASE AVOID plagiarism ALL ANSWERS MUST BE WITH YOUR OWN WORDS. REQUIRED ARE BELOW

Assignment No. 2: Case Study

Learning Outcomes:

Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations- CLO2

Explain the contribution of functional, business, and corporate strategies in the competitive advantage of the organization-CLO3.

Distinguish between different types and levels of strategy and strategy implementation-CLO4

Communicate issues, results, and recommendations coherently, and effectively regarding appropriate strategies for different situations-CLO6

Read carefully case study No. 24 from your textbook (Best Buy Co. Inc: Sustainable Customer Centricity Model?) and answer the following questions:

Identify opportunities and threats as well as strengths and weaknesses of the company (draw a SWOT matrix). 2pts

What is the competitive strategy used by Best Buy? Justify your answer. 2pts

What are the main functional strategies used by this company? Are they successful? Justify 2pts

What are the different difficulties faced by the company to maintain and reinforce its competitive advantage?2pts

Suggest some recommendations or solutions to Best Buy to improve its competitive advantage. 2pts

Notes:

Copy/paste the phrases from the text is not acceptable. You must use your own words.

Using the terminology developed in the course of strategic Management is highly valued.

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