Swot Analysis of Best Buy

Ben Nihart MGMT351-07 SWOT Analysis Best deprave SWOT Analysis Best grease superstars palms Vision Statement: To be at the intersection of engine room science and life. Strengths: * They drive a physical location, which some peck select over the online route. * They have a very knowledgeable technical school staff, eccentric person Squad. * ready a divers(prenominal) group of tech convergences from computers to cameras, to washers and dryers to cds and dvds. Weaknesses * client Service, in a pate conducted in 2010 1/3 of Best acquire customers left unsatisfied. * Very vulnerable as a complete electronics vendor. * Have high overhead cost from maintaining stores and employees. Opportunities * magnification into opposite countries. * Expansion into other products other than electronics. * accomplishable expansion in their product line. * Developing a outline to compete with online sites such(prenominal) as amazon and Ebay. Threats * The digital years of music, movies, etc. Lessens ask to purchase lumbering copy of these. * Other competitors; go City, CompUSA, Amazon.com, level(p) Wal-Mart, Tar sire, etc.

* Possibility of losing customers to wholesale business. I think that for the most function Best Buy has lived up to their care statement, because they are at the intersection of technology and life. I desire this to be absolutely on target because they bear some of the newest technology in their store and it is quad where mountain can actually move with gross revenuepeople in palpable life. So much is lost in the digital age when soul can purchase something with a few clicks of a mouse. That organism said I believe that Best Buy essential focus a minuscular more on their online sales to avoid being overtaken by sites like Amazon and Ebay. By doing this they will be memory true to their mission one hundred percent.If you want to get a copious essay, gild it on our website: Ordercustompaper.com

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