ThatQuiz Test Library Take this test now
Best Buy - Quiz
Contributed by: Flanagan
  • 1. Which brand is identified as Best Buy's primary and most extensive house brand?
A) Rocketfish
B) Insignia
C) Dynex
D) Best Buy Essentials
  • 2. When was the brand 'Lively' acquired by Best Buy?
A) 2015
B) 2025
C) 2021
D) 2018
  • 3. What is the primary focus of the 'Yardbird' brand?
A) Computer peripherals
B) Premium outdoor furniture
C) Home theater cables
D) High-end mobile accessories
  • 4. Which brand is described as a value-oriented brand for everyday tech basics?
A) Platinum
B) Modal
C) Best Buy Essentials
D) Insignia
  • 5. What service does Geek Squad provide?
A) Outdoor furniture installation
B) Computer repair and tech support
C) Luxury appliance sales
D) B2B wholesale auctions
  • 6. Which brand focuses on lifestyle and fashion-oriented mobile accessories?
A) Rocketfish
B) Platinum
C) Dynex
D) Modal
  • 7. What is the purpose of the TechLiquidators platform?
A) Selling premium outdoor furniture
B) Installing home theater systems
C) Selling bulk liquidation inventory
D) Repairing customer computers
  • 8. Which brand was formerly a budget-tier brand for electronics but is now considered legacy?
A) Insignia
B) Rocketfish
C) Modal
D) Dynex
  • 9. What does the brand 'Platinum' specialize in?
A) High-end mobile accessories and digital imaging
B) Budget-tier electronics
C) Everyday tech basics
D) Medical alert devices
  • 10. Which showroom brand specializes in high-end, third-party audio/visual equipment?
A) Magnolia Home Theater
B) Geek Squad
C) Pacific Kitchen & Home
D) TechLiquidators
  • 11. What is the primary function of Pacific Kitchen & Home?
A) Mobile phone repair
B) Outdoor furniture sales
C) B2B liquidation auctions
D) Luxury appliance showrooms
  • 12. Which brand specializes in health and wellness technology for seniors?
A) Platinum
B) Insignia
C) Modal
D) Lively
  • 13. What was the brand 'Init' formerly used for?
A) Outdoor furniture
B) Health technology
C) Media storage and home theater furniture
D) Mobile accessories
  • 14. What kind of products does Rocketfish focus on?
A) Budget-tier electronics
B) Kitchen appliances
C) Fashion-oriented mobile cases
D) Premium home theater and gaming accessories
  • 15. When was the brand 'Yardbird' acquired by Best Buy?
A) 2025
B) 2010
C) 2018
D) 2021
  • 16. What was the original name of Best Buy when it was founded in 1966?
A) Minnesota Audio
B) High Fidelity Stereo
C) Sound of Music
D) Best Buy Electronics
  • 17. In what year was the company rebranded as Best Buy?
A) 1983
B) 1966
C) 1999
D) 1978
  • 18. Which city serves as the headquarters for Best Buy?
A) Roseville, Minnesota
B) Minneapolis, Minnesota
C) Richfield, Minnesota
D) St. Paul, Minnesota
  • 19. What was the purpose of the 'Concept II' store design introduced in 1988?
A) To focus exclusively on industrial-style electronics
B) To introduce commissioned sales teams
C) To move all inventory back into stock rooms
D) To provide a brighter, more fashionably fixtured shopping environment
  • 20. Why did some suppliers stop selling to Best Buy after the introduction of Concept II?
A) They were upset about the removal of commissioned salespeople
B) They wanted to partner exclusively with Highland Superstores
C) They disagreed with the low-price business model
D) Best Buy stopped carrying their specific product lines
  • 21. Which company did Richard M. Schulze attempt to sell Best Buy to in 1988?
A) Musicland Stores Corporation
B) Circuit City
C) The Carphone Warehouse
D) Highland Superstores
  • 22. What was a feature of the 'Concept III' stores introduced in 1994?
A) Exclusively online inventory
B) Answer Center touchscreen kiosks
C) Smaller footprints than previous models
D) Commissioned sales staff
  • 23. In what year was Best Buy added to the S&P 500?
A) 1992
B) 2003
C) 1985
D) 1999
  • 24. Which company did Best Buy acquire in 2001 to mark its entrance into the international marketplace?
A) Magnolia Hi-Fi
B) Future Shop Ltd.
C) Five Star
D) The Carphone Warehouse
  • 25. Who succeeded Richard Schulze as Best Buy CEO in 2002?
A) Brian J. Dunn
B) James Wheeler
C) Brad Anderson
D) Virtucom Group
  • 26. In what year did Best Buy exit the analog television market?
A) 2003
B) 2005
C) 2007
D) 2009
  • 27. What loyalty program did Best Buy launch in 2003?
A) Reward Zone
B) Customer Centricity Rewards
C) Geek Squad Protection
D) Best Buy Gold
  • 28. In 2008, which Blu-ray format did Best Buy promote, contributing to the downfall of HD DVD?
A) VHS
B) Blu-ray
C) LaserDisc
D) DVD-R
  • 29. Why did Best Buy close its Mexico operations in December 2020?
A) Competition from local retailers
B) Merger with another company
C) Due to the effects of the COVID-19 pandemic
D) Lack of market demand
  • 30. What is the name of the subsidiary that handles computer repair for Best Buy?
A) Answer Center
B) Geek Squad
C) Future Shop
D) Redline Entertainment
  • 31. What was the primary goal of the 'customer centricity' program launched in 2004?
A) To reduce the number of employees per store
B) To focus solely on high-end audio equipment
C) To segment stores according to customer profiles
D) To eliminate all in-store inventory
  • 32. In which city did Best Buy open its first store in Turkey in 2009?
A) Antalya
B) İzmir
C) Ankara
D) Istanbul
  • 33. What happened to Best Buy's China faction in February 2011?
A) It was rebranded as a standalone mobile store
B) It declared bankruptcy
C) It was sold to a local competitor
D) It was merged with Five Star
  • 34. In what month and year did Best Buy open its first UK-branded store?
A) February 2011
B) December 2011
C) November 2011
D) April 2010
  • 35. How many Best Buy stores did the company eventually open in the UK?
A) 50
B) 11
C) 25
D) 2,500
  • 36. When were all Best Buy stores in the United Kingdom closed?
A) Early 2013
B) Early 2012
C) Mid 2011
D) Late 2010
  • 37. How much did Best Buy pay to purchase The Carphone Warehouse's share of Best Buy Mobile?
A) $2.5 billion
B) $167 million
C) $1.3 billion
D) $775 million
  • 38. When did Best Buy close all of its Best Buy-branded stores in China?
A) April 2010
B) February 2011
C) December 2011
D) March 2015
  • 39. How much did Best Buy pay for mindSHIFT Technologies?
A) $1.3 billion
B) $250 million
C) $167 million
D) $775 million
  • 40. What was the name of the strategy Best Buy adopted in 2012 in response to revenue decline?
A) Global growth strategy
B) Expansion strategy
C) Digital media strategy
D) Transformation strategy
  • 41. Who resigned as Best Buy CEO in April 2012?
A) George L. Mikan III
B) Brian Dunn
C) Richard Schulze
D) Hubert Joly
  • 42. Who replaced Richard Schulze as chairman of Best Buy?
A) Corie Barry
B) Hubert Joly
C) Hatim Tyabji
D) George L. Mikan III
  • 43. Who replaced George L. Mikan III as CEO in September 2012?
A) Hatim Tyabji
B) Corie Barry
C) Hubert Joly
D) Brian Dunn
  • 44. When did Best Buy exit the European consumer electronics market?
A) June 2019
B) April 2013
C) March 2015
D) May 2018
  • 45. How much did Best Buy receive for selling its stake in The Carphone Warehouse?
A) $1.3 billion
B) $167 million
C) $250 million
D) $775 million
  • 46. What percentage of Best Buy's revenue did the standalone Mobile stores account for before their closure?
A) 5%
B) 25%
C) 10%
D) 1%
  • 47. Who replaced Hubert Joly as CEO in June 2019?
A) George L. Mikan III
B) Hatim Tyabji
C) Brian Dunn
D) Corie Barry
  • 48. What role did Hubert Joly assume after Corie Barry became CEO?
A) CFO
B) Consultant
C) Executive chairman
D) Director
  • 49. Which company is Best Buy partnering with to relaunch its online marketplace in 2025?
A) Bell Canada
B) BCE Inc.
C) Carphone Warehouse
D) Mirakl
  • 50. Who will succeed Corie Barry as CEO of Best Buy on November 1, 2026?
A) Jason Bonfig
B) Hubert Joly
C) Mirakl
D) Bell Canada
  • 51. What does the exterior entrance of a Best Buy store typically resemble?
A) A glass pyramid
B) A light brown circle
C) A blue box emerging from the structure
D) A large digital screen
  • 52. Which chain's locations were converted to Best Buy Express in Canada?
A) RadioShack
B) The Source
C) Pacific Sales
D) Circuit City
  • 53. What type of sales environment does Best Buy utilize for its merchandise?
A) Noncommissioned
B) Bidding-based
C) Auction-style
D) Commission-based
  • 54. What was the amount of the settlement in the 2000 Florida lawsuit regarding extended warranties?
A) $100,000
B) $280,000
C) $4.55 million
D) $200,000
  • 55. In 2014, Best Buy settled for $4.55 million due to a lawsuit involving what?
A) Misleading website prices
B) Analog television sales
C) Unethical deforestation
D) Unsolicited phone calls
  • 56. Which organization investigated Best Buy in 2007 regarding in-store website pricing?
A) Environmental Protection Agency
B) Federal Communications Commission
C) Connecticut Attorney General
D) Greenpeace
  • 57. What is the name of the program Best Buy launched to increase energy efficiency and reduce consumer waste?
A) Greener Together
B) Eco-Friendly Tech
C) Green Power Initiative
D) Recycle Today
  • 58. How much e-waste has the Best Buy recycling program collected since 2009?
A) 280,000 pounds
B) 119 million pounds
C) One billion pounds
D) Nearly half-a-billion pounds
  • 59. Which organization criticized Best Buy in 2007 for purchasing materials from logging companies?
A) Environmental Protection Agency
B) Greenpeace
C) Florida Consumer Rights Group
D) Federal Communications Commission
  • 60. Which news organization released the investigation regarding privacy violations at Best Buy in 2023?
A) CBC News
B) Reuters
C) CNN
D) BBC News
  • 61. What inappropriate action was a Best Buy technician caught doing with customer photos?
A) Posting them on social media
B) Selling them to third parties
C) Printing them for personal use
D) Copying them onto a USB flash drive
  • 62. In what month and year did Best Buy agree to block donations to certain LGBT organizations?
A) March 2024
B) October 2023
C) April 2021
D) August 2026
  • 63. How long was the employee in Coquitlam instructed to stand after consulting with doctors?
A) 30 minutes
B) 1 hour
C) 10 minutes
D) 15 minutes
  • 64. What was the total amount the tribunal ordered Best Buy to pay for the worker's lost wages?
A) $38,750
B) $50,000
C) $1,589
D) $20,000
Created with That Quiz — a math test site for students of all grade levels.