Who Is The Best Buy A Brand Product Sales, Services, And...

What does it take to be a leader in one’s industry? Best Buy has discovered the recipe for just that in their 50 years of existence. â€Å"Best Buy is a leader in technology product sales, services, and solutions. Founded in 1966 as an audio specialty store, the company as we know it today was largely established in the 1980s when it was renamed and eventually listed on the New York Stock Exchange (Harrington, 2016, p. 1.).† If a U.S. consumer has a need to purchase new electronics at a competitive price, the chances are high that they have a Best Buy store in their vicinity. The company has about 1400 stores and employs 125,000 people worldwide. Originally called the Sound of Music, Best Buy has grown to the point that 70 percent of Americans live within 15 minutes of a store. On top of maintaining a dominant physical footprint, the company has built their e-commerce market share to remain competitive with mega-online retailers such as Amazon.com and Ebay. An an alysis of Best Buy’s strengths, weaknesses, opportunities and threats will show that they are a strong company with a bright past and promising future. Strengths When assessing the strengths of a company it is critical to determine what assets are the strongest. Best Buy s greatest strength is their brand loyalty and reputation. They have gained this notoriety by taking a customer-centric approach. They achieved this with exercising statements such as the following, â€Å"Customers do not want to be sold; they wantShow MoreRelatedB2B vs.B2C Marketing Differences1024 Words   |  5 Pagesoutcome is still to sell the product or service to who needs or wants the item. Below is a listing of how the marketing needs to think to market to the target group they are after. B2B Relationship driven Maximize the value of the relationship Small focused target market Multi-step buying process, longer sales cycle Brand identity created on personal relationship Educational and awareness building activities Rational buying decisions based on business value B2C Product driven Maximize the valueRead MoreCase Study. Best Buy1660 Words   |  7 Pagescase, and concerning about the strategy that Best Buy has created, retailers can similarly create a retailer-led product strategy to leverage their customer knowledge for product differentiation and to understand what the needs of the customers are; they must discover what satisfies the customer and what not. In addition, the retailer can seek for news partnerships, new stores, new countries and new categories and services in order to increase their net sales and their share market. It’s very importantRead MoreAnalysis of Customer Service Problem of Best Buy1234 Words   |  5 Pagesperson to pay a visit on Best Buy to discover its potential marketing problem, anticipate the consequences and provides potential solution to this problem, which from my perspective, is bad customer service. Purpose and structure of the essay The purpose of this essay is to explore the potential marketing problem of Best Buy to provide solutions to its problem. In order to make the essay more complete, this essay will first start with the brief introduction of the Best Buy, and then a personal experienceRead MoreBrand-Plan-Template905 Words   |  4 PagesBrand Plan template The following slides contain an overview for a brand planning process. They are not meant to cover all elements of a plan for all brands at all the different stages of their lifecycle and should be seen as a starting point. Process Overview †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ Environmental analysis to determine the current status and position of a business in relation to its external environment and current activities Identify the critical success factors Define the product position key messagesRead MoreApples A Competitive Advantage?1447 Words   |  6 Pagessoon began to diverge. Sculley shifted business strategy of Apple from premium product with high price tag to producing a low cost product with mass market appeal. This shift was made for Apple to compete with IBM. Apple also collaborated with other companies such as Intel, Novell and even old rival IBM, to bring down the manufacturing cost. As a result, they failed to attract people and lost their image as a premium brand. †¢ Macintosh being the first personal computer was applauded for its uniqueRead MoreEssay about Dupont A Case Analysis1702 Words   |  7 Pagesordeal to shop for carpets. 3. Customers were unhappy with the services provided by the retailers. 4. Fibre manufacturers were responsible for only supplying to the Carpet mills, thus the price and quantity standards were dictated by Carpet mills. 5. There was no proper market segmentation or market focus. Alternative Solutions to the problems 1. Develop the Brand name and ensure the customers know about DuPont and its products through various marketing strategies employed by the company. SomeRead MoreBest Buy Co. Company Overview1688 Words   |  7 Pages410 Best Buy Company Overview Best Buy Co., Inc. is one of the world’s leading companies that operates as a retailer of consumer electronics, home office products, entertainment software, appliances and related services in the United States, Canada, China, Europe and Mexico. It controls retail stores and websites under 11 brand names: Best Buy, Five Star Appliances, Future Shop, Geek Squad, Magnolia Audio Video, The Carphone Warehouse, Best Buy Mobile, and Audio visions, Napster, Pacific Sales andRead MoreRisk Management Trends and Developments Paper1035 Words   |  5 Pages(Chief engineer), and Meredith Kiligore (Vice President Brand communication) who are going to help to demonstrate the relationship of differentiation and positioning. To decide on a positioning strategy for Thorr Motorcycles I need to create a perceptual map that will help to choose all the fundamental parameters that help to identify what customer want. To accomplish, and success a good marketing  plan need to be create to obtain solution and result. On the simulation Optimal Perceptual Map forRead MoreFreshdirect Case Analysis Essay858 Words   |  4 Pagesand get next-day delivery of the best food at the best price, exactly the way you want it with 100% satisfaction guaranteed.† The primary business is to allow customers to order their food online and avoid going to a grocery store they can buy anything they want online and you can have it delivered to your house. Key players would be the people who launched the business in 2001 Joseph Fedele and Jason Ackerman. Many companies have fallen online with the grocery service and they boldly stated they wereRead MoreBest Buy s Corporate Office1522 Words   |  7 PagesBest Buy â€Å"Our formula is simple: we’re a growth company focused on better solving the unmet needs of our customers—and we rely on our employees to solve those puzzles. Thanks for stopping.† Who is Best Buy? Best Buy’s corporate office is located in Richfield, Minnesota and was founded by Richard Schulze in 1966. Originally, Best Buy was known as Sound of Music before changing its name in 1983. Best Buy is one of the largest big box retail electronics providers in the world generating over $40

Death And Enlightenment By Augustine - 1313 Words

Death and Enlightenment It may seem reasonable that Augustine accepted, at the time of his friend’s death, that God is unchangeable and humans are a temporary creation and just a part of the whole. However, by paying close attention to the text Augustine is writing the Confessions retrospectively. He ends up recognizing the directionality of his love and the change in his grieving in the future, after the deaths of his friend and Monica. Augustine is looking back on his life and is noticing where his ideas of love and grief were wrong. Only after Monica’s death, Augustine understands that humans are a temporary creation and God alone is never changing. When he looks back in retrospect he also sees the change in his grieving. He ends up accepting that grief is a human sin that God can forgive. When Augustine was a Manichean his passionate attachment to his friends shows how he failed to recognize that the love of friends is good, but friends must be loved in God. Humans cannot be loved in themselves alone because only God does not change. The death of Augustine s childhood friend in Thagaste acts as a message from God. His friend s Catholic family has him baptized before his death, which was almost done to Augustine. Augustine, being a Manichean at the time, no longer believes baptism is essential to life, but his friend, also a Manichean, refuses to share in his disapproval for the Catholic Sacrament and rejects Augustine s attention. Whether the baptism had anShow MoreRelatedSt. Augustine s Confessions And Dante s Inferno1746 Words   |  7 Pagestowards life and passion. In Book VIII.xi (29) the reader finds St. Augustine in a state of despair and anguish because of his ongoing internal struggle between his mind and body. Afterwards, he undergoes a surreal experience that ultimately leads to the climax of Confessions, his conversion to Christianity. The catalyst for his conversion rests upon none other than â€Å"a boy or a girl† who might be chanting, per St. Augustine, â€Å"some sort of children’s game†(152). The chant is a meager four wordsRead MoreSaint Augustine Of Hippo And Saint Thomas Aquinas1590 Words   |  7 Pagesphilosophy and religion have transformed, faded, and attempted to bring concrete answers to questions regarding human life. Saint Augustine of Hippo and Saint Thomas Aquinas are considered to be the greatest of their times, and are influential in understanding current Christian Church teachings along with philosophical teachings in general. The keystone work of Saint Augustine must be his very personal Confessions while Saint Thomas Aquinas’s keystone work must be his renowned Summa Theologiae. TheseRead MoreTrue Knowledge Is Blinded By Ignorance1658 Words   |  7 Pagesaverage human does not use the soul with the rest of its body, to allow oneself to successfully access the full knowledge, all humans are capable of. The Gospel of Luke teaches one not to cherish material items, because they do not provide true enlightenment. Jesus went around all of Galilee performing miracles, and doing good deeds for the poor. He always stressed that one should not be concerned with material possessions in life, but rather doing good for others. In the Gospel of Luke it says â€Å"TakeRead MoreAugustine s Confessions By Augustine1137 Words   |  5 PagesIn Augustine s Confessions, Augustine tells his entire life story leading up to his conversion to Christianity. Throughout his life, he experiences a vast amount of events, both that had major impacts and minor impacts. In the Confessions, Augustine called these events â€Å"episodes. 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Through the ministry of the Word at Holy Trinity Church of Murree in Pakistan, I had a clear understanding of the saving grace provided by the suffering, death and resurrection of our Lord Jesus Christ. I embraced that grace in my youth and began a lifelong spiritual journey. I was baptized as an infant but was confirmed as a teen ager which helped me reflect on my sinful nature and the pardoning and loving natureRead MoreConfessions : The Role Of Friendship On St. Augustine s Spiritual Journey Essay2131 Words   |  9 Pagesis arguably Augustine’s most important text, it continues to influence theologic al discussion even today. Through writing Confessions, Augustine proves himself to be a professional scrutinizer. He analyzes every aspect of his own existence in pertinence to his purpose on Earth and relationship with God. Amongst the numerous topics covered in Confessions, Augustine makes exceptional mention to the role that friendship plays in his spiritual journey. In St. Augustine’s Confessions, the role of friendshipRead MoreAnalysis of Socrates Definition of Justice in The Republic2604 Words   |  10 Pagesat the top of the mountain up which the philosopher climbs after leaving the cave, it must be realized that the journey toward justice is one of labor but not one that is implausible. Context Plato founded the Academy at Athens after Socrates death and preserved the lessons that Socrates had taught, essentially laying a foundation for the study of philosophy in Western Civilization. Platos Republic seeks to unite the lessons of the Academy with the circle of politics that occupied much of PlatosRead MoreAugustine’S Literary Style In Confessions Was Very Effective1712 Words   |  7 Pageschanged over the course of his life as he began to combine Neoplatonic thought with metaphorical analysis of the bible. This journey, later in life, of reflecting upon our relationships to others—and to God—is relatable to most humans, however, Augustine does take it to a much higher level. I found it to be particularly poignant, as so many of us who reach a certain age tend to reassess our lives, seeing how our errant thoughts, ideology, and behavior—and even the material world—have created a barrierRead More Skepticism Essays1139 Words   |  5 Pagesthis case, that the speaker did not really know what they claimed to know. If an assertion can be worked into a contradiction, that means that the original assertion was wrong. While Socrates never claimed that knowledge is impossible, still, at his death, he never claimed to have discovered any piece of knowledge whatsoever. After its introduction into Greek culture at the end of the fourth century BC, skepticism influenced nearly all other Greek philosophies. Both Hellenistic and Roman philosophies

Crtical thinking responses Free Essays

On a sheet of paper, apply the general overview of court structure In the united States (Figure 1. 2) to your local community. A. We will write a custom essay sample on Crtical thinking responses or any similar topic only for you Order Now Within my community we have a Trial court that is capable of handling both minor violations (Misdemeanors crimes, DID, Bail hearings) and a Higher court system which deals with capital offenses and has the ability to convict, sentence and reprimand defendants. 2. On a sheet of paper, apply the list of actors In the courthouse (Table 1 . ) to your immunity. If you live In a rural area, how does your list differ from that of someone who lives in a larger community? If you live in a large metropolitan area, how does your list differ from that of someone living in a more rural area? A. Both rural and metropolitan areas share similar actors in the courthouse such as victim/plaintiff, defendant/accused, the prosecution working on behalf of the state, the defense attorney or public defender assigned to the defendant, and a Judge depending on the case or circumstance a Jury maybe unnecessary as the case doesn’t require. What private, nongovernmental organizations are important to the criminal justice system of your community? A. Lass Cruses Police Department has assigned officers capable of coordinating with local community leaders in creating a Neighborhood watch program which in turn can reduce crime in certain areas. By doing so they utilize a crime control method with this action. 4. Use newspapers, radio, and criminal Justice discussion lists or chat groups to monitor discussion concerning the criminal Justice system. Do citizens make distinctions among police, courts, and corrections, or do they lump everything under How to cite Crtical thinking responses, Papers

Electrophilic Aromatic Substitution Formal Lab free essay sample

The nitrating agent was prepared by slowly adding cold concentrated sulfuric acid (1. 7 mL, 0. 0319 mol) to cold concentrated nitric acid (0. 6 mL, 0. 0141 mol) in a 50 mL Erlenmeyer flask. The mixture was carefully swirled in an ice bath to ensure that the two concentrated acids were thoroughly mixed together. In a second 50 mL Erlenmeyer flask, acetanilide (1. 0 g, 0. 0074 mol) was dissolved in concentrated sulfuric acid (1. 5 mL, 0. 0281 mol) by having the acid slowly added to the solid while the mixture was swirled. Heating with a hot plate was also required to dissolve the acetanilide. When all of the solid had dissolved, the flask was cooled in an ice bath. The cold nitrating agent was added drop-wise to the cold acetanilide mixture. The flask was swirled after each addition of the nitrating agent. The flask was kept immersed in the ice bath so that the temperature of the reaction would not rise. The drop-wise addition of the nitrating agent took approximately 5-10 minutes. Including the time of adding the nitrating agent, the reaction was kept in the ice bath for a total of 20 minutes with intermittent swirling. Ice water (10 mL, 0. 555 mol) was carefully added to the flask. The mixture was thoroughly swirled to dilute the acids and was allowed to stand for about 5 minutes with occasional swirling. After the 5 minutes, solid nitroacetanilde formed. The solid was collected by vacuum filtration and rinsed with cold water. The solid was allowed to dry over the Buchner funnel for several minutes. A small amount of this solid was saved in a small test tube. The filtrate was disposed of in the waste jar in the hood. The filter flask was rinsed out with a small amount of water. The remainder of the solid was recrystallized from hot ethanol. The solid was collected by vacuum filtration. A TLC was ran on the crude solid, the recrystallized solid, and the filtrate from the recrystallization. The solid was allowed to dry until the following lab when it would be weighed and have a melting point taken. Calculations Theoretical Yield: 1. 0 g acetanilide x 1 mol/135. 16 g = 0. 0074 mol acetanilide 0. 0074 mol acetanilide x 1 mol p-nitroacetanilide/1 mol acetanilide = 0. 0074 mol p-nitroacetanilide 0. 0074 mol p-nitroacetanilide x 180. 16 g/1 mol = 1. 33 g p-nitroacetanilide Percent Yield: (Actual/Theoretical) x 100 = (0. 17 g/1. 33 g)x100 = 12. 8% yield Rf calculations: First spot: (center of first spot/ solvent front) = 3. 7 cm/ 5. 2 cm = 0. 71 Second spot: (center of second spot/ solvent front) = 4. 6 cm/ 5. 2 cm = 0. 88 Data Results The actual yield of p-nitroacetanilide was 0. 17 grams corresponding to a 12. 8% yield. The melting point was found to be 210-212 °C, confirming that the product’s identity was indeed the p-nitroacetanilide. A TLC was performed on the crude solid, the recrystallized solid, and the filtrate from the recrystallization. Each sample gave two distinct spots on the filter paper with Rf values of 0. 71 and 0. 88. Discussion Aromatic compounds can undergo electrophilic substitution reactions. In these reactions, the aromatic ring acts as a nucleophile (an electron pair donor) and reacts with an electrophilic reagent (an electron pair acceptor) resulting in the replacement of a hydrogen on the aromatic ring with the electrophile. Due to the fact that the conjugated 6? -electron system of the aromatic ring is so stable, the carbocation intermediate loses a proton to sustain the aromatic ring rather than reacting with a nucleophile. Ring substituents strongly influence the rate and position of electrophilic ttack. Electron-donating groups on the benzene ring speed up the substitution process by stabilizing the carbocation intermediate. Electron-withdrawing groups, however, slow down the aromatic substitution because formation of the carbocation intermediate is more difficult. The electron-withdrawing group withdraws electron density from a species that is already positively charged making it very electron d eficient. Therefore, electron-donating groups are considered to be â€Å"activating† and electron-withdrawing groups are â€Å"deactivating†. Activating substituents direct incoming groups to either the â€Å"ortho† or â€Å"para† positions. Deactivating substituents, with the exception of the halogens, direct incoming groups to the â€Å"meta† position. The experiment described above was an example of a specific electrophilic aromatic substitution reaction involving the nitration of acetanilde. This was formally the nitration of aniline, but some groups are not always compatible with electrophilic aromatic substitution. Aniline has an amino group (-NH2) which is electron donating and an ortho/para director. However, under the conditions of many electrophilic aromatic substitution reactions like those involving strongly acidic conditions, the amine becomes protonated (-NH3+) becoming electron withdrawing and a meta director. This is undesirable and would have led to a mixture of products. This problem can be avoided by converting the amine group into an amide (-NHCOCH3 in the case of acetanilide) prior to the electrophilic aromatic substitution reaction. The amide group is called a protecting group and will not form a salt under acidic conditions, is still activating and an ortho, para director. The protecting group can actually be easily removed after the substitution reaction to regenerate the original amine group if desired. In our experiment, we started with the protected aniline rather than have the acetanilide prepared from aniline and did not remove the protecting group at the end. The nitration was carried out with a mixture of concentrated nitric acid and concentrated sulfuric acid. This mixture gave NO2+ as the electrophilic species and the nitrating agent to be used in the reaction. The reaction yielded both ortho and para-nitroacetanilide as products. Para-nitroacetanilide was separated from the ortho form by recrystallization due to solubility properties. The melting point range obtained during this experiment was very important in determining the product’s identity since the two possible products had very different melting points. The product’s melting point range was found to be 210-212 °C, which is very close to the literature melting point range of p-nitroacetanilide (215-217 °C) confirming the product is essentially of the para form. Since the experimental melting point range is slightly lower than the literature value, there are still some impurities in the product. The impurities on the product are most likely o-nitroacetanilide. The TLC ran on the crude solid, the recrystallized solid, and the filtrate from the recrystallization was beneficial in determining what forms of nitroacetanilide was present at each step of the experiment. The TLC plate used had silica gel as the adsorbent which is highly polar. Ethyl acetate, polar, was used as the solvent. Therefore, the less polar substances would travel further up the plate with the more polar substances staying behind. P-nitroacetanilide is less polar than o-nitroacetanilide and was observed on the plate as the spot with the lower Rf value (0. 71). All three samples showed two spots at each of the Rf values (0. 71 and 0. 88), but the recrystallized solid sample’s second spot (Rf value of 0. 88) was very faint on the plate and was barely noticeable compared to the other two samples. This further supported that there was probably still a little bit of o-nitroacetanilide in the final recrystallized product, as previously shown by the melting point range. It was also expected that the crude solid sample and the filtrate from recrystallization sample would both contain both the ortho and para form and show the two distinct spots on the TLC plate. In conclusion, this lab proved to be successful in nitrating an aromatic compound and isolating the p-nitroacetanilide from the ortho/para mixture of products. The percent yield (12. 8%) was pretty low, but a low percent yield was expected. The sources of error which may have led to such a low percent yield include the fact that we had to separate the para product from the ortho product and most likely lost a good amount of product in this step. Also, the nitrating agent (NO2+) was gaseous and had to be prepared in â€Å"situ† from the reaction of sulfuric acid and nitric acid. It is very probable that we did not have a 100% yield of the nitrating agent prepared to be able to react in the nitrating reaction. As low as the percent yield may have been, I feel confident that the final product was pretty pure. This was evidenced by both the obtained melting point range, which was fairly close to the literature value, and the TLC plate which showed only a little bit of the ortho product. References 1) Sigma-Aldrich website