Business Strategy and Policy Case Analysis

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You are asked to answer three questions about Best Buy:

Analysis: Focus on External and/or Internal Environments

  • Describe the positioning of Best Buy relative to its main competitors.
  • Apply the VRIO framework to determine whether Best Buy has a competitive advantage. If so, is its competitive advantage sustainable? Why or why not?
  • What is Best Buy’s business-level strategy? What are its main value and/or cost drivers?
  • How should Best Buy adjust its business-level strategy in light of recent changes in its external environment?

Formulation: Focus on Business, Corporate, and/or Global Strategy

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