Q Please listen to this week's external analysis recording and read the Best Buy case before answering the question. First identify which factors of the PESTEL model are impacting Best Buy. How should Best Buy adjust based on recent changes in its external environment? Then evaluate the competitive forces in the consumer electronics retail industry to identify the forces controlling its profitability (Porter's five forces analysis). You are going to go through each of the five forces and discuss whether you think the force is strong (remember strong means bad for the firm) in Best Buy's case. You will then tell us overall if you think Best Buy is positioned for long term profitability? You must post before seeing the replies of others. You are expected to comment on at least one other person's post.
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