Buy custom Problems of Best Buy
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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2490 |
Essay's paper body
economy flourished and new technologies, specifically flat panel televisions, exploded onto the retail scene, Best Buy grew rapidly. Averaging about 75 store openings per year through the early-to-mid 2000s, it also aggressively implemented its customer-centricity strategy, where stores were tailored to serve better local key demographics...
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As early as 2004, however, observers noticed that there was a glut of flat panel televisions on the market and that prices were primed to fall.
In May 2006, Best Buy made its boldest move to date, buying 75% of a prominent Chinese electronics and appliance seller, Jiangsu Five Star Appliance, deciding that partnering locally was the best approach to enter the China market...
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General points of the essay
The Secret That Exploded
China’S Rapidly Growing Economy And Its Pending Implosion
Flat Panel Display Technology
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