Reference this material. Please! MGMT 499 18-Full Length Casebook ISBN: 9781307759556

Case Study: Best Buy Co

The report should cover the following 10 topics

1, Situational Analysis: a brief description of the current situation, including what the managers believe are the key issues.

2, General environmental trends analysis

3, Industry Analysis (Porters Five Forces)

4, Internal analysis of the firms resources, including core competencies and competitive advantage (Apply the VRIO framework)

5, Internal analysis of the firms value chain. Identify which value chain activities are creating value for the firm.

6, Summary of strengths, weaknesses, market opportunities, and external threats

7, Based on the identified strengths, weaknesses, market opportunities, and external threats for topic 6, list and justify two strategic issues. These might be different from those identified by the managers in the case.

8, Key strategic issue - Explain why the chosen strategic issue, out of the two strategic issues identified for topic 7, is the key strategic issue for the company.

9, Strategic alternatives: Given the key strategic issue identified for topic 8, examine 3 different strategic alternatives that might be pursued by the firm (also discuss the advantages/disadvantages of each of the 3 strategic alternatives). Generic alternatives are NOT acceptable (hire consultant, market study, etc.).

10, Recommendation: Which one of the 3 alternatives discussed for topic 9 do you recommend for the firm? Why do you make that recommendation? What are the risks (think about which stakeholders might be affected)?