Harvard Business Case Study Best-Buy Vs Best Buy

To cope with the problem of heavy dependence on few suppliers, Best Buy should seek for more alternatives, such as store-brand suppliers instead of relying on some particulars brand-name suppliers. The more the substitutes are, the larger the possibility the company can bargain for a greater price. Meanwhile, the company has to supervise the quality of imported products from suppliers so as to eliminate the problem of product recalls that may hurt the reputation of the company. Despite of the information costs, the company will still benefit in the long term. In addition, Best Buy should provide more training programs prior to work for its employees, especially salespersons to ensure they understand the basic knowledge and functions of different electronic appliances. …show more content…
It can build up a stronger, faster and safer online purchase system. Buyers love this type of shopping because people are lazy. They prefer having products delivered to their porch rather than taking them home by themselves. As for the overseas market, it does not have to be a physical store, but an online store which supports international