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What roles have prior strategies played in shaping the distinctive competencies of Best Buy? What has...

What roles have prior strategies played in shaping the distinctive competencies of Best Buy? What has been the role of luck?

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From when our company opened in 1962 to now, prior strategies haven’t been much different from what they are now. Tiny modifications have been made to them and gives us the ability to respond to customer needs. Since the company first started it was run on cost-leadership strategy.As the years went by these core competencies of our just got better and better by becoming more efficient as a whole. There has been crisis that our company has gone through and have managedto work through it to remain in this industry. The role of luck I guess you can say is on our side so far and hopefully ongoing as we continue to grow our company as a whole.

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