Company Analysis- Part 1

By: Taeler Satchell

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.