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Company Analysis- Part 1

Avatar for Taeler Satchell Taeler Satchell
March 24, 2014
Education
38
0

Company Analysis- Part 1

By: Taeler Satchell

Avatar for Taeler Satchell

Taeler Satchell

March 24, 2014

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Transcript

  1. Best Buy Co.

  2. • FORTUNE 500 RANK: 61 • 36 cent per share

    with $153 million in profit • Employees: approx. 180,000 full time employees.

  3. Latest Stock Market Quote • Best Buy Co., Inc. •

    NYSE: BBY - Mar 24 4:01 PM ET • 26.35-0.61 (-2.26%) • 36 cent per share with $153 million in profit

  4. Corporate Officers • CEO: Hubert Joly • Chief Administrative officer:

    Sharon McCollam • President: Shari Ballard

  5. News/ Scope • NEWS! • Best Buy is INTERNATIONAL! With

    stores in China, U.K., Turkey, and Mexico • Scope!

  6. Products and Services • Best Buy specializes in electronics for

    a variety of things from computers, kitchen appliances, cars. • They also have CD’s and DVDs and Televisions. • Target Market: small business owners including home office and the majority consumers will be tech savvy middle class consumers.

  7. Innovative Strategies • Best Buy prides themselves on having the

    newest technologies first so customers will shop with them. • They also partake in the price matching rule to keep their prices low but competitive.