Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

3rd Case Study

3rd Case Study

Q Downloaded from the HBP website (see link on front page of syllabus); read, and address the following questions to meet the assignment deliverables with your submission. Note the syllabus contains more information about the deliverables. 1 - What is Best Buy's business level strategy? What are its main value and/or cost drivers? 2 - How should Best Buy adjust its business level strategy considering current changes in its external environment? 3- Consumer electronics is considered a mature industry. Evaluate the competitive forces for the consumer electronics industry to identify forces controlling its profitability. Is best Buy positioned for long-term profitability? Rubric Capstone Case Study Rubric 2022 (2) Capstone Case Study Rubric 2022 (2) Criteria Ratings Pts This criterion is linked to a Learning OutcomeContent 100 pts Student submission addresses each of the Case Study deliverables in depth with high quality content and analysis. Additional high quality academic research has been undertaken and cited in-text. A minimum of five outside sources plus the HBP case is required.. 80 pts Student submission addresses most of the Case Study deliverables with quality content and analysis. Additional high quality academic research may have been undertaken but does not meet the minimum required or is not properly cited. 60 pts Student submission addresses some of the Case Study deliverables with limited in-depth, content, and analysis. Additional high quality academic research has not been undertaken or research is not academic. 40 pts Student submission does not address the Case Study questions accurately or at all. 100 pts This criterion is linked to a Learning OutcomeWord Count Parameter 10 pts Student submission is within the word count parameters of 1500 words minimum. 5 pts Student submission is below the minimum word count parameter of 1500 words. 10 pts This criterion is linked to a Learning OutcomeProper APA Formatting 20 pts Student submission meets all of the required deliverables for proper APA formatting including, but not limited to, font type and size, line and paragraph spacing, indentations, page layouts, citiations, word usage, spelling, grammar, etc. 10 pts Student submission is lacking in proper APA formatting or has not cited non-original material. 20 pts This criterion is linked to a Learning OutcomeGrammar, punctuation, and appropriate level academic writing. 20 pts Submission is free of errors in grammar, punctuation, spelling, etc and written at appropriate academic level for the targeted audience. 15 pts Submission contains less than 3 errors in grammar, punctuation, spelling, etc and written at appropriate academic level for the targeted audience. 10 pts Submission contains more than 3 errors in grammar, punctuation, spelling, etc and/or not written at appropriate academic level for the targeted audience. 20 pts Total Points: 150 PreviousNext

View Related Questions

Solution Preview

The consumer electronic industry has experienced serious growth in the past fifty years. Best Buy Co has successfully evolved its business from a single Brick-and-mortar store to a 34-billion-dollar company. Despite many competitors attempting to capture their market share, Best Buy's competitive advantage is its dedication to employing transformative company leadership that puts people over profits. Best Buy Co's business-level strategy of a hybrid differentiation strategy and cost leadership strategy has allowed for profitability despite the current changes in the external environment. Through strategic acquisitions, Best Buy has built a loyal membership customer base focused on its principal value of providing personalized services to customers.