Case Study, answer the following question no less than 750 words.

1. Describe the positioning of Best Buy relative to its main competitors.

2. Apply the VRIO framework to determine whether Best Buy has a competitive advantage. If so, is its competitive advantage sustainable? Why or why not?

3. What is Best Buy’s business-level strategy? What are its main value and/or cost drivers?

4. How should Best Buy adjust its business-level strategy in light of recent changes in its external environment?

5. Consumer electronics is considered a mature industry. Where can future growth come from? How would you go about realizing it?

6. Is Best Buy’s strategy transferable to international markets? Why or why not?