Description
I have small reflection paper about the class ( 250 words) and I want to review it and correct it please.
Thank you
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Reflection Letter
During this semester, the ENC 1011 has been very important part of my development as a
writer student, and I would like to tell you how this class helped me to improve my writing skills.
First, at the beginning of this class I took some small quizzes that helped us to start
learning the English Composition easily. Some of these quizzes are plagiarism quiz, Annotated
Bibliography Quiz, Topic Selection Quiz, and the most important one Using the USF Library
quiz. All these quizzes were so significant to assist me to writer better and start the beginning
correctly. For example, the USF Library quiz helped me to know how to find resources on the
USF library website and how to get Academic sources for my project.
Second, in English Composition I have learned how the work shop in the class and the
reviews can help you and help your classmates. For example, during the work shops I always
find that I have some question I need to ask about my paper or my project. During the 3 work
shops my classmates answer all the questions that I had. Also, some of them have asked me
about my opinion about their topics if is it broad or narrow. The work shop is so important for
the students especially for English Composition class because most of the time you have
questions before you are begging your project.
Third, in this class, I have learned the most important thing which is how the topic could
change over the time between 2000 to 2016. Before I take this class, I didn’t know that the topics
could change over the time and you should be carful when you do your research.
Finally, I would like to thank you professor and all my classmates for supporting me with
writing and all the challenges that I had. I have learned deep important things and that improved
my writing skills so much.
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Case study 2: Phillip Morris :
What is the impact the Phillip Morris Company effect the industry?
Case study 3: Best Buy
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b. What were the strategic challenges facing BEST BUY in 2012?
response for best buy:
Reinventing Best Buy
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response for phillip morris :
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VCU Rise of Walmart Phillip Morris and Best Buy Case Studies
Case study 1: Walmart
a. What is Walmart's overall strategy?
b. In comparison to Walmart's competitors, why is Walmart so successful?
Case study 2: Phillip Morris :
What is the impact the Phillip Morris Company effect the industry?
Case study 3: Best Buy
a.How well is BEST BUY doing compared to Amazon in 2017? ( Provide detail)
b. What were the strategic challenges facing BEST BUY in 2012?
response for best buy:
Reinventing Best Buy
Executive Summary
The case of reinventing the Best Buy strategy shows that acknowledging the issues and strategically addressing them helps rebuild trust and integrity, resulting in success. Bringing back the company as a critical player in the industry took years to address many challenges, but it was possible and doable. Teamwork among the management and employees is one of the factors that made the strategy work.
Introduction
The Best Buy case study showed how the company saved itself from the brink of bankruptcy and closure by reinventing its strategies in customer relations, employee appreciation, and expenditures, and ventured into technology and innovation under the five-point plan “Renew Blue”.
Body
Best Buy shares increased to 58.56% in the market compared to Amazon’s 22.45% in 12 months, according to the report of The Wall Street in 2017. The news shocked many since Best Buy has shown signs of failure in 2012 but still succeeded due to reinvention – the Renew Blue strategy (Mourdoukoutas, 2017). Also, in 2017, Google announced its partnership with Best Buy as its newest vendor partner in Canada. Best Buy's stores-within-stores featured Google products like Pixel phones, Daydream View VR headsets, and Chromecast Ultra streaming devices. Moreover, it opened five new outlet stores following a new format wherein, for eight hours each day from Friday to Sunday, the stores sold floor models, returned items that had been opened, and clearance merchandise (Wells & Ellsworth, 2018).
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Conclusion
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References
Downes, L. (2012). Why Best Buy is Going out of Business...Gradually. Forbes. https://www.forbes.com/sites/larrydownes/2012/01/02/why-best-buy-is-going-out-of-business-gradually/?sh=25c6b133236c.
Mourdoukoutas, P. (2017). Best Buy Beats Amazon. Forbes. Retrieved 26 June 2021, from https://www.forbes.com/sites/panosmourdoukoutas/2017/08/29/best-buy-beats-amazon/?sh=58305cea69ea.
Wells, J., & Ellsworth, G. (2018). Reinventing Best Buy. Harvard Business School.
response for phillip morris :
Impact of Philip Morris Company on the Industry
According to (Ruback, 1993), Philip Morris Company profited from the sales of cigarettes both from the local market and the international market through exportation. However, the company's main strategy was to ditch the tobacco business for an all-food diversification strategy initiated in 1966. At that time, Kraft Incorporation was among the leading food industry in the world. To adapt its strategy, Philip Morris Company offered Kraft Incorporation a tender to buy it for $90. The giant food industry declined as an undervalue. From this buyout offer, there were some impacts on the industry, including changes in the financial positions of industries, a leveraged buyout attempt by the management of Kraft Inc. with the most unprecedented price in the company's history. Additionally, uncertainty about the market value of food assets grew significantly, restructuring plan which caused the dislocation of industries, legal actions were to be taken on Philip Morris Company, and an increase in the price of Kraft’s common stock, increasing the dividends of shareholders.
Ruback, R. (1993). Philip Morris Company and Kraft, Inc. Lecture, Havard Business School.
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