Home Depot A. Executive Summary * Introduction * The Home Depot Story - First Stage (1979-2000) * The Home Depot Story – Second Stage (2000 – 2006) * Problem Identification * Case Questions Introduction * Home Depot was founded in 1978 in Atlanta, Georgia by Bernie Marcus and Arthur Blank. * Both of them worked at Home Improvement Company in California and were fire by this company. * So instead of looking for a new job they decide to start up their own business
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Primary Competitor Analysis Competitor Name: The Home Depot, Inc Headquarters: Atlanta (Cobb County), Georgia Locations: 2,200 Retail Stores in U.S., Canada, and Mexico Annual Revenue: 2013-$74,754,000,000 2014-$78,812,000,000 2015-$83,176,000,000 Slogan/Motto: “More saving. More doing.” Primary Products: -Building Materials (40,000 different kinds) -Tools/Hardware
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"The Home Depot NYSE: HD, headquartered in Vinings, Georgia, is a home improvement retailer that aims for both the do-it-yourself consumer and the professional in home improvement and construction. It is the second largest retailer in the United States, behind Wal-Mart; and the third largest retailer in the world, behind Wal-Mart and French company Carrefour. The Home Depot operates about 1,900 stores across North America. The company operates stores in the United States (including the 50 states
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Center in Newark and the America Airlines Arena in Miami under its control. AEG developed and operates the Home Depot Centre in Carson Los Angeles “it is the official U.S Olympic training site that features elite facilities for soccer, tennis, track and field, track cycling, boxing, lacrosse, rugby, football and other sport. The Home Depot Center also hosts concerts and family shows and is the home of the Major League Soccer’s Los Angeles Galaxy and Chivas USA” (Anschutz Entertainment Group, 2012). It
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CONFORMING LETTER Home Depot Inc. Dear Home Depot Inc. Management, As a partner of KNAM LLC, it is my pleasure to present you with the results of our initial review. Included with these results is our assessment of Home Depot Inc.’s performance is our proposition of areas we’d like to review further to determine improvements, efficiency, functionality, and health of your organization. Background Your organization’s core service is in the DIY home improvement market.
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They Can Do It! You Can Help! Since Home Depot opened their doors in 1979, they set out to lead the market in excellent customer service. Their motto of “ whatever it takes” shows their commitment to differentiate themselves in that field (website, 2011). And it certainly seems to have helped them lead the market and continue to grow their business beyond U.S. borders and be competitive on a global scale. It is a part of what founders Bernie Marcus and Arthur Blank deem the
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BUSN 115 Final Exam (All 3 Sets) FOR MORE CLASSES VISIT www.busn115study.com Question 1.1. (TCO 7) Some of the characteristics of lean systems include which of the following? (Points : 5) Question 2.2. (TCO 7) Mass customization means (Points : 5) Question 3.3. (TCO 8) One scarce item in the future will be water. Which is the least expensive way to get water from places of abundance to places of need? (Points : Question 4.4. (TCO 8) If there is one thing that
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Home improvement has become a common staple in many people’s lives. Many people don’t go a day without thinking up projects that they need to do around the house. Home Depot’s main mission they strive to achieve is that they strive to achieve is social responsibility and brand strength, along with putting their customers before their product and profit. To show this, they have their mission statement as: Our goal is to provide the highest level of service, the broadest selection of products and the
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Analyze the Home Depot case in the textbook and develop a response to the questions below: How would you describe the culture at Home Depot? The culture at Home Depot was a culture set primarily by the founders, Mr. Marcus and Mr. Blank. It was a culture marked by an entrepreneurial high-spiritedness and a willingness to take risk, a passionate commitment to customers, colleagues, the company, and the community, and an aversion to anything that felt bureaucratic or hierarchical. All of this
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common people like us, who are leading their life as examples for people to live better. In this paper, I will explore the leadership style and methods of Robert Nardelli who was named Chief Executive Office of the Home Depot in 2001 (Ries, 2009). Robert Nardelli Leadership Style Home Depot Robert Nardelli presented many latest initiatives to the corporate world such as company-wide analytics, centralized buying and better information systems, these are important for the company to remain competitive
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