This report provides a strategic management analysis of Best Buy, a major player in the US retail sector. It begins with an industry overview, highlighting market trends and revenue forecasts for the consumer electronics market. The report identifies key competitors such as Walmart, Target, Costco, and Staples, and then uses Porter's Five Forces to assess the competitive landscape. An internal analysis, including core competencies and a SWOT analysis, examines Best Buy's strengths, weaknesses, opportunities, and threats. The report also evaluates the company's strategy performances and financial results. It concludes with recommendations for improving market penetration, leveraging social media, and maintaining product quality. Desklib offers a platform for students to access this and other solved assignments for their studies.