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Best Buy: Largest Consumer Electronics Retailer

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Best Buy: Largest Consumer Electronics Retailer
The industry that I am familiar with is Best Buy. Best But is one of the biggest consumer electronics retailers in the world. Best Buy headquarters is in Richfield, Minnesota. Richard Schulze the founder of best Buy and founded the company in 1966 in Minnesota. Best Buy’s subsidiaries are Geek Squad, pacific Sale, and many more. The company owner should be aware of supply and demand of what the consumers are wanting the most. And should keep eye on the economy because if the economy goes up than people will have more money to spend and if the economy goes down people will have less money to spend due to a lost job. The owner of the company keep up with technology. Best Buy is a retail in electronics so they have to be up to date with the technology.

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