circuit city was an electronic retail store in the U.S founded by Samuel wurtzel
ID: 373525 • Letter: C
Question
circuit city was an electronic retail store in the U.S founded by Samuel wurtzel.within 10 years it became 4 store chain charging lower prices than smaller compeitiors.great has come when it became largest consumer electronic in U.S with highly motivated and well trained personnel, deployement of sophisticated point of sale and inventory tracking technology.competitiors were unable to replicate their core competencies. They implemented 4s/5s business model. But these great days are gone when it neglected to upgrade and protect core competencies. Top management team was distracted by pursuing noncore activities. Best buy recruited circuit’s top personnel and upgraded its core competencies. Finally the company filed for bankruptcy protection.
Circuit city was so successful to be featured in good to great because it exceeded Collin’s criteria. Instead of outperforming the stock market 6.9 times, they did 18.5 times. There was a large gap in the value and cost of their products. They provided high value products at low cost which resulted in their competitive advantage
Explanation / Answer
From Good to great to gone:The rise and fall circuit city what are :
1.Executive Summary
2.Overview of Circuit City
3.Why was Circuit City so successful as featured in Good to Great?
¤What was Circuit City’s Competitive Advantage?
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