Best buy company research paper

Best buy company research paper

 · At blogger.com custom writing service you can buy a custom research paper on Best Buy Company topics. Your research paper will be written from scratch. We hire top-rated Ph.D. and Master’s writers only to provide students with professional research paper assistance at affordable blogger.comted Reading Time: 4 mins The company’s new name stemmed from a promotion where a massively-promoted annual sale – the “Tornado” Sale (named after a tornado hit one of the company’s stores) – was billed as a “Best Buy” for consumers; eventually, the popular sale’s name was adopted as the company’s new brand image  · Executive summary. This report was prepared to discuss several aspects of Best Buy Company. Chart one highlights the tangible and intangible resources of the business establishment that were identified using an internal audit. Chart two is utilized to show five capabilities of the firm that are based on chart one

Research on Best Buy Co. Essay examples - Words | Bartleby

This report was prepared to discuss several aspects of Best Buy Company. Chart one highlights the tangible and intangible resources of the business establishment that were identified using an internal audit.

Chart two is utilized to show five capabilities of the firm that are based on chart one. In addition, the capabilities are evaluated using the VRIO criteria.

Finally, the report aims at analyzing the international strengths and weaknesses of the multinational company. The strengths and weaknesses are highlighted in chart four. From a financial accounting perspective, resources are economic assets that can be owned or controlled to yield value that could be utilized to lead to positive economic results Rothaermel, In other words, tangible and intangible resources of Best Buy Company are those assets that could be converted into cash by the management Rothaermel, However, it is important to note that cash is also a resource.

As displayed in the balance sheet of the company, the firm is characterized by very strong current and fixed resources Best Buy, The assets could imply that the business establishment has premises on which to base its local and foreign investments with regard to doing business. The total accounts receivables forand were 2, 2, and 2, best buy company research paper USD respectively, best buy company research paper.

Accounts receivables are important aspects of a business and they determine the success of an investment. It is evident that they declined slightly inbut they significantly improved in the following year.

This could be an indication that the management of the company adopted approaches to improving performance outcomes.

Total inventories forand wereand million USD respectively. It is apparent that the inventories decreased inbut they improved in Thus, it could be concluded that an adequate number of products that were available for consumers to purchase best buy company research paper the business establishment. Property, best buy company research paper, plant and equipment were valued atand million USD inand respectively.

Thus, the value of the property, plant and equipment was decreasing within the specified period Rothaermel, Best Buy has many patents and trademarks that are associated with its brand. The goodwill of the multinational firm is very good on the premises of the multiple years that the company has been involved in profitable business. The Best buy company research paper framework is a strategic management tool that is used by firms to attain a competitive advantage Mishra, In fact, research has shown that it is the best approach that could be utilized to evaluate resources and capabilities of a business establishment Mishra, Best Buy has adopted a unique pricing approach to attract many customers who focus on purchasing high quality products.

The capability is not rare and it can easily be imitated by other organizations. Strategic planning is an important process that has been used by the company to achieve excellent results. The capability can be used to capture value.

Information technology IT business alignment is a capability that has enabled Best Buy to achieve best buy company research paper competitive advantage. New growth platforms have made the organization achieve better sales over the years due to the attraction of more customers. However, the capability is not rare. Best Buy is based on a strong financial background, which has enabled it to invest in many products and venture into international markets.

Working capital ratio is utilized to show how stable a company could be in terms of balancing liabilities and assets. The bigger the ratio the better is the performance outcome Mishra, In the context of Best Buy, the ratios increased in the period, but reduced in the period Rothaermel, The decrease implies that the management adopted approaches to reduce liabilities. The best buy company research paper ratio could be used to show the degree to which a firm owes other organizations.

The reduction in the ratio correlates with better reduction of debts in relation to assets. In the case of Best Buy, the ratios reduced in the period, but it increased in the period. Return on assets ratio is employed by business establishments to analyze how assets are used to yield sales Rothaermel, The results of the firm imply that it was performing poorly in the period with regard to utilization of assets.

Asset turnover ratios of Best Buy show that it was recording dynamic results that did not have a certain direction of change in the period of analysis Rothaermel, Based on the information presented in the chart above, it is apparent that the multinational company has a significant number of strengths that enable it to achieve a competitive advantage Wiki Wealth, On the other hand, it is also characterized by three important weaknesses that the management should focus on addressing so that the organization would achieve its short-term and long-term business goals Wiki Wealth, The management of Best Buy should aim at addressing the poor customer service and constrained credit availability.

Improved customer service will make many customers adopt the brand. Improved ease of obtaining credit will ensure that the company can execute projects that would be geared toward improving performance outcomes. The analyses that are presented in the four charts indicate that the organization is doing well in terms of financial results.

However, the management should think about better ways of utilizing assets best buy company research paper the company. In addition, the firm should concentrate on addressing the weaknesses that could negatively impact its financial results.

Mishra, L. Subway Customer Loyalty And Evaluating Marketing Strategies. Rothaermel, F. Strategic Management 2 nd ed. New York, NY: McGraw-Hill Education. Wiki Wealth. Best Buy BBY SWOT analysis. Need a custom Research Paper sample written from scratch by professional specifically for you? certified writers online. Best Buy Company Analysis.

We use cookies to give you the best experience possible. If you continue, we will assume that you agree to our Cookies Policy. Table of Contents. Executive summary Chart one Chart two Chart three Chart four The most important areas to address Conclusion and recommendations References.

Learn More. Tangible Resources Intangible Resources Current assets Inventory Goodwill Fixed assets Buildings and equipment Trademarks Patents Bonds Stocks Copyrights Accounts receivables. COSTLY TO IMITATE? ORGANIZED TO CAPTURE VALUE? Pricing Yes No No Yes High Strategic planning Yes Yes Yes Yes High IT business alignment Yes Yes Yes Yes High New growth platforms Yes No Yes Yes High Financial background Yes Yes Yes Yes High.

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More about Research on Best Buy Co. Essay examples. Best Buy Mission Statement Words | 4 Pages; Best Buy Research Paper Words | 17 Pages; Critical Analysis 1 Words | 5 Pages; Background And History: Best Buy Co. Words | 8 Pages; Essay on Inventory Systems Comparison Words | 8 Pages; Best Buy Co. Inc. Essay Words | 5 Pages The company’s new name stemmed from a promotion where a massively-promoted annual sale – the “Tornado” Sale (named after a tornado hit one of the company’s stores) – was billed as a “Best Buy” for consumers; eventually, the popular sale’s name was adopted as the company’s new brand image  · Executive summary. This report was prepared to discuss several aspects of Best Buy Company. Chart one highlights the tangible and intangible resources of the business establishment that were identified using an internal audit. Chart two is utilized to show five capabilities of the firm that are based on chart one