Home Depot Internal and External Factors
Team B
Amy Sharp
Jens Carter
Joshua Jacobson
Brandon Hudson
May 20, 2013
Lon Schiffbauer
Home Depot Internal and External Factors The Home Depot started going global in 1994. The first country they expanded to was Canada. The way they expanded into Canada was to purchase a chain of hardware stores called Aikenhead. Along with expanding to Canada, they implemented their practice of business. They took helping their customers using professional contractors to either help or do the project for their customers. They also use their tool rental service in Canada's stores so their customers could rent tools for whatever project they need to do. The next step going global for The Home Depot was to Mexico in 2001. After they went to Mexico, they didn't make any moves going into other countries for a few years. In 2006 they finally decided to go overseas into China in which they called their stores The Home Way. They started with a 12 store chain. In September 2012 there was a report that The Home Depot closed all of its stores within China. To help them globalize their company they expanded in purchasing a lot of the featured products from companies overseas. With the market buying things overseas is cheaper than making products within the United States. There are many ways to expand globally, many different strategies, and many options for places to expand to. The best way to succeed, whether it comes to the first store or the store is overseas, is a great management plan and training. Understanding where each person goes within the management and proper communication between the upper management, middle management, and front managers.
Home Depot uses technology in many way through out there business and continues to advance their technology. One big area of technology Home Depot has been focusing on is combining the