FinalProjectPresentation
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Best Buy had low sales in certain areas which led them to close some stores. To improve performance, they could analyze their top competitor's monthly sales success and determine where they excel. This could help Best Buy train employees better and gain product knowledge, potentially driving larger profits and more customers, though there are risks of losing business and profit if not implemented correctly. The final recommendation is to present options to Best Buy's CEOs.
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FinalProjectPresentation
- 1. Organization: Best Buy Brandon Warren
- 2. Overview Best Buy low sales
- 3. Introduction Best Buy had low sales in certain areas, which resulted in them having to close stores.
- 5. The Opportunity – Current Situation Month to month sales are lower than average
- 6. The Opportunity – Key Success Factors Training employees and gaining more knowledge about products could help them be successful
- 7. The Opportunity – Analysis of Alternatives Hiring more experienced employees
- 8. The Opportunity – Strategic Option Best Buy could look at its top competitor's sales month to month. Determine where their success lies.
- 9. Strategic Option – Benefits & Risks Benefits Risks Benefits include larger profit & more customers shopping. Risks include loss of business and lower profit.
- 10. Final Recommendation Present final recommendations to the CEOs of Best Buy.