Best Buy Essay -- essays research papers

          Best Buy was founded in 1966 by the topical CEO Richard M. "Dick" Schulze. Based out of Eden Prairie, Minnesota the community soon has 446 stores and earned over 83 million in original revenue last year. Best Buy carries a wide variant of products consisting of Major Appliances, video and audio equipment, computers, software, music, and wireless technology. When analyzing this corporation it is important to pay off close attention to its current and next dos and products, any problems with the corporation, the future direction Best Buy is headed, what preserve be done for the corporation, and what it can do for you as a consumer or employee.     Best Buy is currently the number one computer retailer throughout the U.S. and offers multiple promotions. In December of 1999, Best Buy signed an agreement with Microsoft to offer periodical and monthly contracts through MSN, Microsofts internet service provider. This pact was an improvement for both companies. Microsoft helped Best Buy develop their website and promote eCommerce. They also bought two hundred million in Best Buy stocks raising the price from $1.49 a share to $49.95. Best Buy in return is offering MSN to the two hundred million customers that pass through its doors on a yearly basis. i of the largest money makers for Best Buy is its three year product service plan (PSP). The PSP is almost pure profit, and has formed into something ver...