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Week 5Apply Assignment1.This problem-solving application profiles electronics retailer Best Buy. The entrance of Amazonand Walmart into the online resale marketplace gashed Best Buy’s instore sales. When youcouple that with inefficient processes and procedures at the organization, and scandals with seniorleadership, the organization really was in dire straits. Organizations such as Circuit City,CompUSA and RadioShack could not survive their problems, could Best Buy? In came new CEOHubert Joly and CFO Sharon McCollam. They are now in the middle of the many challenges BestBuy is facing and need to find solutions to these major problems.2.Some of Best Buy’s internal issues could best be addressed by ______ - participation/suggestionsby employees3.If Best Buy chose to compete by introducing online sales direct to the consumer, this would be anexample of ______ change - adaptive4.Which type of analytical framework could help Best Buy develop a strategic plan? - swot analysis5.