Question: Strategic Goals and Recommendations - Based on your external and internal analyses, what should be the organization's strategic goals? These goals should be broken down
Strategic Goals and Recommendations
- Based on your external and internal analyses, what should be the organization's strategic goals? These goals should be broken down into financial, market share and other sub- goals that are measurable. What are the timelines for these goals?
- Based on your external analysis, how should the organization capture opportunities and neutralize threats in the macro-environment? How should the organization capitalize on industry-level trends?
- How should the organization position or reposition itself relative to its competitors along key strategic dimensions (e.g., price, features, customer service)? What generic strategy do you recommend to the organization (low-cost leadership, differentiation, or focus)?
- What should the organization do to improve its position and therefore increase its bargaining power over its customers, suppliers, substitutes, and potential competitors (new entrants)? What should the organization do to capitalize on complementary products/services?
references to use:
https://investors.bestbuy.com/investor-relations/news-and-events/financial-releases/news-details/2021/Best-Buy-Reports-Better-Than-Expected-Third-Quarter-Results/default.aspx#:~:text=Revenue%20of%20%2451.8%20billion%20to,last%20year%2C%20which%20remains%20unchanged
https://www.companieshistory.com/best-buy/
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