Home Depot

HOME DEPOT

Founded by Bernie Marcus and Arthur Blank on June 22 , 1979 at Atlanta Georgia ADDIN EN .CITE 2243Home Depot : HIstoryApril 24 2007http /homedepot .com "Home Depot History , Home Depot is an American home improvement industry that caters to the public such as business establishments , households , and even the government . It sells home improvement products such as appliances , tools , hardware , and garden supplies and plants . With an approximate number of 355 ,000 employees , the company earns revenue of about 90 .837 billion . From this , the estimated net income

of Home Depot is about 5 .761 billion

At present , Home Depot is operating 2 ,164 big-box format stores across the 50 U .S . states , the District of Columbia , Puerto Rico , and the United States Virgin Islands . But that does not stop there in fact , the company broadened its horizons and continues to do so up to this date This American home improvement industry not only caters to the Americans , but also to customers from other parts of the world for it already has stores in 10 provinces of Canada , Mexico , and even went as far as China . With these , Home Depot is said to be largest home improvement retailer in the United States , ahead from its competitors ADDIN EN .CITE The Home Depot2006April 24 2007http /homedepot .com "The Home Depot

Aside from improving the company itself and its workers , Home Depot ensures that the community to which they belong to improves as well Specifically , the company seeks to (1 ) live in a clean , safe and caring community (2 ) be part of a challenging , diverse , and inclusive workplace (3 ) build and live in the house of their dreams and (4 create wealth and financial security ADDIN EN .CITE 1143Home Depot : All About UsApril 24 2007http /homedepot .com "Home Depot All About Us

With these goals in mind , which also serves as the guiding principle of the workers and the company itself , Home Depot would want as much to make a difference to as many as possible starting from themselves and then to the community . They believe that the alleviation of the people will lead to a mutualistic relationship between the company and the community where it is situated

SWOT Analysis

A critical set of steps in a planning exercise is to perform internal and external evaluation that result in the identification of strengths weaknesses , opportunities and threats through what is termed as SWOT Analysis . This analysis involves matching external potentials with internal capabilities ADDIN EN .CITE 5543SWOT AnalysisAPril 25 2007http /google .co m "Swot Analysis

As for the case of Home Depot , being a home improvement industry , it is a relatively strong company . Its strengths include the wide range of customers it could possibly cater to . Particularly , it has products that accommodate both industrial and agricultural clients . For instance , the appliances , hardware , and tools are often purchased by industries Consequently , clients with agricultural inclinations seek after the garden supplies , and plants . Aside from the said clients , another possible client is the...