What Happened to Circuit City

Summer Trimester Project This paper demonstrates Hodges Universitys learning outcome of Initiative. crowd E Boardman Wheel (Third) Hodges University homo 6410 Managing International Cultural Differences MAN 6430 Developing and Managing Strategy in a Global Environment Dr. Nancey Wyant / prof John Meyer Due: July 28, 2010 Submitted: August 8, 2010 Graded by MSM teacher: __________________________ Grade Awarded: __________________________________ Writing Rubric Completed: _________________________ Abstract roundabout metropolis officially unkindly its doors on March 31, 2009 and over 40,000 employees disordered their jobs. Through thorough search and having experience working at the boldness for 5 years, it is in the opinion of this researcher that enlistment metropolis went out of business because of abject management decisions make by the CEO (Phillip Schoonover). Schoonover in 2007 decided it was in the shell interest of the organization to release 3,400 higher paid employees and step in them with new employees at minimum wage. This hurt the organization as its customer service decreased dramatically following the layoffs.

Introduction The spirit of this paper is to review research conducted on the topic of strategical management and then apply that research to a new-fangled situation that occurred within an organization. This researcher will provide research and insights as to what happened at Circuit City Inc. and discuss how the organization may have made better decisions that would have unbroken its doors open. Poor strategic management by the organizations upper management staff represented a identify role in why Circuit City closed its doors in 2009 (Kardos, 2008). The electronics retailer giant known as Circuit City recently closed all of its stores due to poor management decisions made in its last years. Circuit City was once the leading consumer electronics retailer for many years prior(prenominal) to Best Buy Inc. opening more... If you want to get a full essay, order it on our website: Orderessay

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