Best Buy has decided to open small format stores that will focus on selling cellular phones and accessories. Marketers believe the stores should be located in small strip malls and plan on advertising new locations in newspaper and magazine advertisements. Best Buy is currently asking themselves which of the questions below in regards to creating a competitive strategy?

Question

Quizplus · Accepted Answer

The question "How should we compete?" is directly related to creating a competitive strategy, as it involves determining the methods and approaches Best Buy will use to gain an advantage in the market.

Best Buy Has Decided to Open Small Format Stores That