1. Given Best Buy's internal and external environment, does the company have appropriate functional strategies? Explain for each function in the company.

2. What should be Best Buy's strategic approach to its competitors, both online and Wal-Mart?

3. Of Best Buy's three core competencies identified in the case, which one could most likely represent a sustainable competitive advantage for the company?

4. Given the information in the case, how would you advise Best Buy's executive management team on strategy formulation for the company going forward?