Case studies are an important learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your critical thinking and research skills as you research the competition and industry in which your business resides with an end goal of formulating a recommendation for the challenges faced by the company.
THIS IS THE COMPANY TO USE
Option 3: Best Buy (pp. 554â€“555)
- What were the keys to Best Buyâ€™s success? How have they differentiated themselves?
- What pricing model has Best Buy adopted?
- What are the challenges it faces in todayâ€™s retail environment from both a micro and macro environmental standpoint?
- How else can Best Buy compete against retail competitors like Walmart and Costco as well as online competitors like Amazon.com?
In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of 500 words in length (not counting the title and reference pages). You are required to use a minimum of three peer-reviewed, academic sources that are no more than 5 years old (one may be your textbook). All sources used, including the textbook, must be referenced; paraphrased material must have accompanying in-text citations.