Finding the Best Buy” Please respond to the following:
· Read the Finding the Best Buy case located in the blue cases pages of the textbook.
· Corporate governance has become a hot issue in the U.S. over the past two decades. From your analysis of the case study, determine two possible corporate governance challenges that might be faced by Best Buy as a result of its rapid growth and why they could become corporate governance issues.
· Make recommendations for how Best Buy can overcome these challenges. Provide specific examples to support your response.
Some responses posted by my peers:
1. Best Buy is currently facing an uphill battle as their accounting, governance, and financial problems worsen. A huge problem that Best Buy has is that their products are more expensive than their competitors. I do the same thing other people do. I shop on Best Buys website to research products I want and then buy them from another company at a lower cost. People along with myself trust Best Buys products, therefore we are using them only as a reference. The only thing I have purchased from them in the last 10 years is a computer because I do not trust anyone else to sell me a quality desktop. Another issue is that the bargain priced products are only available on Best Buy’s website. This is discouraging to customers, for they cannot see the product in the store and have to pay a hefty shipping charge. The corporate governors need to begin price matching their competitors. If they don’t watch out, they will end up like Circuit City. This over-priced cost issue can end up causing Best Buy to face financial issues. Another challenge they may face is keeping up with offering all new technologies. This is what Best Buy is known for. If they can’t continue to offer the newest products then customers will start shopping elsewhere.
Best Buy needs to price match. The competition is getting bigger and they need to stay in the game. Another thing Best Buy needs to do is offer more affordable products in the store and not just their website. There are many things that I have been interested in purchasing from them online but won’t because they are not tangible. They need to continue to offer amazing customer service to their customers and continue to stay up with the newest technologies.
2. I think that one of the issues could be the fact that they rapidly expanded so much, but then saw that the stores they took on were unsuccessful. I feel that this rapid expansion was driven by greed and a vision of making more money, which only created more debt due to the inexperience of the decision makers. As stated in the text, “the firm closed almost 100 Musicland Group stores in early 2003 (1). I think they made a smart decision with product diversification as sales look to be declining with their electronics industry, one that I would say used to be the best part of their business. If I wanted a good quality electronic for my car, like a radio, I would go to them instead of Circuit City. If I want a computer now, I would go to them instead of anywhere else because of their high quality HP and Dell computers, in my opinion. Looking at the changing times and how the recession has impacted most people, I would look elsewhere for certain products. I would go to Amazon for the cheapest product, unless it was a computer where I knew Best Buy had the Geek Squad protection plan. Best Buy, according to the text, “observed companies like Walmart and Target and then acted as a “fast follower” to implement new ideas and efficiencies” (1). What they weren’t good at was being proactive vice reactive. They lacked the managerial experience needed to run their stores and earn above average returns. They failed to adapt to the changing ways of people relying on and solely buying high quality products. The best thing for them to do is to reduce the “separation between ownership and managerial control” (1). Bring in some highly effective management and effectively analyze their external environment. Once they figure out their opportunities and weaknesses, they need to adjust to it and maintain their effectiveness. I would even go as far as saying they need to stop buying out their competitors thinking it will help them because it is only creating more debt.
Sources
1. Michael Hitt. 2013. Strategic Management: Concepts and Cases: Competitiveness and Globalization, 10th Edition.
https://strayer.vitalsource.com/#/books/9781133708…
3. Corporate governance is building up the framework and rules of you community and team members. Making sure everyone is treated fair. This implies to employees, customers, stakeholders, etc.. It refers to rewards, incentives, bonuses, discounts, and customer services. Best Buy has not always been my first choice. It was years ago before Amazon, Target, Sams Club and P.C Richards came out. Their prices seemed fair because they did not have many competitors. Today, these other competitors offer better discounts and savings. Some will allow you to use a coupon. When you shop Best Buy a lot of the items are not available in store or online. Shipping time takes several days or weeks. The one thing I do like is their Geek Squad when you have an issue with your electronics. They can be expense at times. Best Buy needs to plan ahead if they want to remain open in the future, especially now, Amazon has taken over.
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APUS Appraisal problems and targets of intervention discussion
/in Uncategorized /by JosephSTUDENT 1: John
Define appraisal problems and targets of intervention, plus what issues are seen today in appraisals?
There are a few key problems that tend to arise during appraisals. The biggest, in my opinion is the program not having a clear mission and vision laid out. Without this, evaluating the program will extremely difficult, think running a race without knowing where the finish line is. We tend to see this every few years during Wing change of commands at Air Force bases. A new Wing Commander comes in and for whatever reason they feel they always have to re-define the Wing’s Mission and Vision statement, even though the mission hasn’t changed for years or decades at the base.
Targets of intervention are how to get a program back on to the correct path it was intended to run. Think tanks or bringing in experts to possibly do a process improvement event are always good places to start. Alternatively, looking at recent assessments to find common tends of mistakes or miscues are be the best place to start addressing what needs to be changed to get back on track.
One big thing I see creating issues with appraisals today is the overwhelming access to information to the public. It seems as though it there are even the smallest concerns with a program and it goes public the world is set ablaze. In return, program mangers or other stakeholders have to acknowledge the issues and tend to take actions in a knee jerk manner instead of taking the time to review the evaluation, create multiple courses of correction actions and then select the best one in the interest of the program.
STUDENT 2:Aliimau
Define appraisal problems and targets of intervention, plus what issues are seen today in appraisals?
There are several appraisal problems that are usually met with during the process. Common issues such as bias evaluation, lack of documentation and data to reflect history of organization/employee, and of course it cost too much to do an evaluation. All of these starts from poor strategic planning. This is very vital to the success of the process, knowing what the goals and objective are and then coming up with a method to achieve this plan. One thing that needs to be understood is that the purpose of evaluating job performance is to uncover strengths, identify weakness and working on striking a balance between the two (Hudson, 2019). Not understanding the focus and purpose of evaluation is how the problem ensues and start fading from its true objective.
Like I stated before, the solution for appraisal problems is a good strong strategic plan. Develop good strategies to ensure that we never lose sight of the main goal of a good appraisal evaluation. It is important to have planning in place to ensure that the appraisal is targeting problems identified in the evaluation process so it can have an impact in the performance and efficiency of the program moving forward.
The biggest issue with appraisals today are inaccuracy, lack of knowledge, and appraisals are planned to meet the needs of the organization instead of tethering to the success of the employee. This in turn can develop a more knowledgeable, improved, and efficient worker. Lack of training,knowledge, and poor planning will result in an ineffective process. Ongoing program evaluation should be part of the program design and should be planned for, not only because it is required by regulation but to improve program effectiveness (United States Office of Personnel Management, 1999).
Reference:
United States Office of Personnel Management. (1999). Performance Management Practitioner Series. Evaluating Performance Appraisal Programs. Retrieved from https://edge.apus.edu/access/content/attachment/398189/Forums/20a0451f-3ac6-49b6-8f96-e8a3660ab29b/eval.pdf
Hudson, Anna. (2019). Performance Appraisal Problems and Solutions. Retrieved from https://www.scribd.com/document/266606767/Performance-Appraisal-Problems-and-Solutions
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MGT 481 CSU Capsim Team Goals
/in Uncategorized /by JosephConsider the following questions to ensure you have the necessary production capacity to meet your Capsim team goals:
Address each of these considerations in your paper.
Your paper should meet the following requirements:
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Politics Assignment
/in Uncategorized /by JosephThe Assignment has Two main parts:
Part one: Theory -> Hypothesis:
– 1 Pargraph research question or the topic paragraph ( I have it just copy and past it )
– 2 Paragraphs of Thesis: Summary
-3 Pargraphs Literature review: ( the articles summary I have them just copy and past it )
– 2 to 3 paragraphs in your own words explain what do you think you learned, and her is my educated guess (Hypothetic: It has an educated Guess )
– 2 Sentences of the hypothesis.
Second part of the papers:
Hypothesis -> evidence (my hypothesis is…. So my units are)
At the end you should compare and see how many countries was giving citizenship by blood and by birth … my hypothesis was correct or was not correct it depend off the resault you can use statistic if you want
Finally the Conclusion
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Case Study: Ho Chi Minh and Vietnamese Independence
/in Uncategorized /by JosephWas Ho Chi Minh a Communist? To many Americans he was. But to many Vietnamese he was a nationalist hero, and to even a few Americans he was that as well, plus a friend, and ally and a comrade in arms during World War 2. It may be hard to paint Ho with any color other than gray, and now, nearly 50 years after his death and 40 years after the end of the American war in Vietnam, even that color has faded with time. What we do have are his words.
The link below will take you the speech Ho Chi Minh gave on September 2, 1945, in which he proclaimed Vietnam’s independence, and its arrival on the world stage.
http://historymatters.gmu.edu/d/5139/ (Links to an external site.)Links to an external site.
In 2-3 pages including APA reference, address the following:
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BUS499 Strayer Best Buy Company Case Study
/in Uncategorized /by JosephFinding the Best Buy” Please respond to the following:
· Read the Finding the Best Buy case located in the blue cases pages of the textbook.
· Corporate governance has become a hot issue in the U.S. over the past two decades. From your analysis of the case study, determine two possible corporate governance challenges that might be faced by Best Buy as a result of its rapid growth and why they could become corporate governance issues.
· Make recommendations for how Best Buy can overcome these challenges. Provide specific examples to support your response.
Some responses posted by my peers:
1. Best Buy is currently facing an uphill battle as their accounting, governance, and financial problems worsen. A huge problem that Best Buy has is that their products are more expensive than their competitors. I do the same thing other people do. I shop on Best Buys website to research products I want and then buy them from another company at a lower cost. People along with myself trust Best Buys products, therefore we are using them only as a reference. The only thing I have purchased from them in the last 10 years is a computer because I do not trust anyone else to sell me a quality desktop. Another issue is that the bargain priced products are only available on Best Buy’s website. This is discouraging to customers, for they cannot see the product in the store and have to pay a hefty shipping charge. The corporate governors need to begin price matching their competitors. If they don’t watch out, they will end up like Circuit City. This over-priced cost issue can end up causing Best Buy to face financial issues. Another challenge they may face is keeping up with offering all new technologies. This is what Best Buy is known for. If they can’t continue to offer the newest products then customers will start shopping elsewhere.
Best Buy needs to price match. The competition is getting bigger and they need to stay in the game. Another thing Best Buy needs to do is offer more affordable products in the store and not just their website. There are many things that I have been interested in purchasing from them online but won’t because they are not tangible. They need to continue to offer amazing customer service to their customers and continue to stay up with the newest technologies.
2. I think that one of the issues could be the fact that they rapidly expanded so much, but then saw that the stores they took on were unsuccessful. I feel that this rapid expansion was driven by greed and a vision of making more money, which only created more debt due to the inexperience of the decision makers. As stated in the text, “the firm closed almost 100 Musicland Group stores in early 2003 (1). I think they made a smart decision with product diversification as sales look to be declining with their electronics industry, one that I would say used to be the best part of their business. If I wanted a good quality electronic for my car, like a radio, I would go to them instead of Circuit City. If I want a computer now, I would go to them instead of anywhere else because of their high quality HP and Dell computers, in my opinion. Looking at the changing times and how the recession has impacted most people, I would look elsewhere for certain products. I would go to Amazon for the cheapest product, unless it was a computer where I knew Best Buy had the Geek Squad protection plan. Best Buy, according to the text, “observed companies like Walmart and Target and then acted as a “fast follower” to implement new ideas and efficiencies” (1). What they weren’t good at was being proactive vice reactive. They lacked the managerial experience needed to run their stores and earn above average returns. They failed to adapt to the changing ways of people relying on and solely buying high quality products. The best thing for them to do is to reduce the “separation between ownership and managerial control” (1). Bring in some highly effective management and effectively analyze their external environment. Once they figure out their opportunities and weaknesses, they need to adjust to it and maintain their effectiveness. I would even go as far as saying they need to stop buying out their competitors thinking it will help them because it is only creating more debt.
Sources
1. Michael Hitt. 2013. Strategic Management: Concepts and Cases: Competitiveness and Globalization, 10th Edition.
https://strayer.vitalsource.com/#/books/9781133708…
3. Corporate governance is building up the framework and rules of you community and team members. Making sure everyone is treated fair. This implies to employees, customers, stakeholders, etc.. It refers to rewards, incentives, bonuses, discounts, and customer services. Best Buy has not always been my first choice. It was years ago before Amazon, Target, Sams Club and P.C Richards came out. Their prices seemed fair because they did not have many competitors. Today, these other competitors offer better discounts and savings. Some will allow you to use a coupon. When you shop Best Buy a lot of the items are not available in store or online. Shipping time takes several days or weeks. The one thing I do like is their Geek Squad when you have an issue with your electronics. They can be expense at times. Best Buy needs to plan ahead if they want to remain open in the future, especially now, Amazon has taken over.
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Need help with discussion question
/in Uncategorized /by Joseph1) Oftentimes, we can’t avoid using words to communicate messages. And sometimes, we’re even limited with the visuals we can include. So, how can we make our messages as clear and aesthetically pleasing as possible? Incorporating typography can assist us in this… especially in the business setting. Take a look at the following documents and examine how strategic use of typography and white space has affected the second document.
Example:
Now, select one of the documents below, and utilize typography and the article What is typography? (Links to an external site.)Links to an external site. to improve the way it communicates its message.
Keep in mind the differences between display type and text type, and be sure to consider the two elements of readability and legibility and as you complete this activity. Then, post your revision to the discussion forum as an attachment for your classmates to see. Describe at least one editing choice you made, and explain why you made it.
2)Your textbook describes design in light of the Bauhaus manifesto.
According to the Bauhaus Design History (Links to an external site.)Links to an external site. (http://designhistory.org/Bauhaus_pages/BauhausOrigins.html), what was so new about the Bauhaus modern art school “was its attempt to integrate the artist and the craftsman, to bridge the gap between art and industry.” It goes on to explain that “mass production was the god, and the machine aesthetic demanded reduction to essentials, an excision of the sentimental choices and visual distractions that cluttered human lives.”
Keeping this in mind, explain the concept of design in your own words. Compare and contrast it with art, and explain how “cluttering” a design with unnecessary elements can have a potentially negative impact on the message it bears. Finally, depending on the first letter of your last name, use the Web to find at least one visual communication piece (e.g., a website, an advertisement, a logo, etc.) that either exemplifies Bauhaus’ concept of design or does not. Then, describe why.
Last Name:
A-L: Find a visual communication piece that exemplifies Bauhaus’ concept of design
M-Z: Find a visual communication piece that does not exemplify Bauhaus’ concept of design
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Emergency preparedness of children with developmental disabilities
/in Uncategorized /by JosephMy article: Wolf-Fordham, S., Curtin, C., Maslin, M., Bandini, L., & Hamad, C. D. (2015). Emergency preparedness of families of children with developmental disabilities: what public health and safety emergency planners need to know. Journal of emergency management (Weston, Mass.), 13(1), 7. Retrieved from https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4487877/
I need narrated PowerPoint graduate-level critical evaluation of the article, including your insights into the strengths, weaknesses, and limitations of that article to your original research project proposal.
Please remember the parameters of the overall Research Proposal assignment as you approach this critical analysis; you will design the raw data collection strategy via survey, interview, direct observation, etc. and analyze that data, statistically, for meaning.
The expectation is that everyone in the class will view your product and make original constructive critique comments on several contributions.
Expectations of performance at the graduate student level of writing.
Significant personal inquiry and reflection, i.e. critical thinking, is required.
Provide me a an easy written script to say in the presentation.
REMEMBER: It is a critical analysis, not a summary.
Attached are examples from other students.
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Develop a Complete Disaster Recovery Plan
/in Uncategorized /by JosephDevelop a Complete Disaster Recovery Plan to be submitted to the executive board of your company.
Only MS Word (.doc, .docx) and Adobe Acrobat (PDF) formats are acceptable. Please note that this is a formal writing, all references (peer-reviewed) mostly must be cited appropriately within the text and clearly avoid plagiarism. The paper should have a minimum of 10 pages, 1.5 spacing and Times New Roman font. A minimum of 5 peer review references must be provided. Reference style is APA. You can also have some web references alongside the stated requirement. Please see class syllabus for additional details
And Disaster Recovery Plan PowerPoint Presentation should have a minimum of 10 pages.
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Reflection Essay
/in Uncategorized /by JosephThe final exam will be a 3-4 page, MLA-formatted course reflection with in-text citations. In this essay, you will reflect on what you’ve learned in this course and what you’ll take with you into more advanced study and your professional lives.
This essay is an essay on what I’ve learned during this course. We’ve learned a lot of different writing techniques and my teacher wants us to express and reflect what we’ve learned throughout the semester and why it is important to us. There are a lot of different sources I will give you.
Sources
o You are required to use a minimum of FOUR DIFFERENT sources in the essay and a minimum of ONE citation in EACH body paragraph.
o Outside sources are not to be used for this essay.
I have provided the assignment details down below. I will also provide you a lot of different sources for you to work with, but you only need a minimum of 4 and also one used during each body paragraph.
This is my final essay and my grade is very boarder line in this class, so if you are going to pick to do this essay please do it right with correct citations, MLA formatting, and correct use of subclaims with backed up evidence.
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Walmart Strategy
/in Uncategorized /by JosephIn this assignment, you are to use the same corporation you selected and focused on for Assignments 1 and 2.
Research the company on its own website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University’s online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.
Write a six to eight (6-8) page paper in which you:
Analyze the business-level strategies for the corporation you chose to determine the business-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opinion.
Analyze the corporate-level strategies for the corporation you chose to determine the corporate-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opinion.
Analyze the competitive environment to determine the corporation’s most significant competitor. Compare their strategies at each level and evaluate which company you think is most likely to be successful in the long term. Justify your choice.
Determine whether your choice from Question 3 would differ in slow-cycle and fast-cycle markets.
Use at least three (3) quality references. Note: Wikipedia and other Websites do not quality as academic resources.
Your assignment must follow these formatting requirements:
This course requires use of Strayer Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.
The specific course learning outcomes associated with this assignment are:
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