MGT 312 Week 5 Apply: Best Buy Case Study

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MGT 312 Week 5 Apply: Best Buy Case Study

Review the Week 5 Knowledge Check to prepare for this assignment.

Complete the “Best Buy Case Study” in Connect®.

Note: You have only 1 attempt available to complete this assignment. Grades must be transferred manually to eCampus by your instructor. Don’t worry, this might happen after your due date.

This problem-solving application profiles electronics retailer Best Buy. The entrance of Amazon and Walmart into the online resale marketplace gashed Best Buy’s instore sales. When you couple that with inefficient processes and procedures at the organization, and scandals with senior leadership, the organization really was in dire straits. Organizations such as Circuit City, CompUSA and RadioShack could not survive their problems, could Best Buy? In came new CEO Hubert Joly and CFO Sharon McCollam. They are now in the middle of the many challenges Best Buy is facing and need to find solutions to these major problems.