Best Buy and Its Comeback

When did Best Buy change its logo?

• D) A few decades ago

• C) A few years ago

• B) A few months ago

• A) A few weeks ago

What was the original name of Best Buy?

• D) Melody World

• A) Sound of Music

• C) Audio Paradise

• B) Music Haven

In which year did Best Buy's sales reach 173 thousand dollars?

• A) 1966

• D) 1981

• C) 1975

• B) 1970

Which company was Best Buy's direct competitor in the 1990s?

• B) Target

• A) Walmart

• C) Circuit City

• D) Sears

When did Circuit City file for bankruptcy?

• D) 2015

• C) 2012

• B) 2009

• A) 2005

What was the main issue for Best Buy in the early 2010s?

• B) Increased competition from Walmart

• A) Declining customer base

• D) Lack of online presence

• C) Showrooming

Who was the new CEO brought in to lead Best Buy's turnaround plan?

• C) Tech industry veteran

• B) Hospitality and travel expert

• A) Former electronics executive

• D) Marketing guru

What was the focus of Best Buy's turnaround plan labeled renew blue?

• D) Acquiring smaller competitors

• A) Expanding internationally

• B) Cutting costs and strengthening services

• C) Increasing product offerings

What program does Best Buy offer where an expert visits a customer's home to discuss smart home needs?

• A) In-store advisor program

• D) Smart home installation service

• B) Home consultation service

• C) In-home advisor program

What is Best Buy's current focus for growth according to the text?

• A) Expanding internationally

• C) Building customer relationships in smart homes

• D) Opening more super stores

• B) Doubling down on online sales