Karin Bean November 28 MGT 230 Exam One answers questions about Home Depot's strategies, compares competitors and answers to three types of contigency workers

Karin Bean November 28, 2004 MGT 230 Exam One Part I 1.         Which of the 4 types of grand strategies do you think kinsperson plate computer storage is currently pursuing? Growth Strategies used by the home base destination         Expanding their animate EXPO chassis Center thought from 15 to 26 stores         Anticipating continued strong expansions in the proximo         Planning on doubling the sales over the next few years         increase sales in existing stores         Foc apply on the fibre of new stores opened          astir(p) graphic symbol of existing stores         Increasing bundle Holder abide by         implementing E-commerce (increase of sales and services) With the growth, strategy Home memory board increases the take of the organizations trading operations through direct expansion, and quality improvement, Competitive Strategies Home Depot uses the eminence Strategies, seeking competitive advantage in a bulky range of industry segments, with operating EXPO Design Centers, the tiptop Supply Company, Georgia Lightning, Maintenance Warehouse, and National Blinds. likewise with offering the most recognizable brands in home improvement, quality in intersection points and extraordinary service, Home Depot seeks to be unique in its industry. Cost Leadership Home Depot seeks to be a low--cost producer in its industry, with using resources to get to preferential access to raw materials (example, Wood). Home Depot seeks to countenance high quality harvest-feasts at low prices.

Home Depots strengths and failing: To find weakness in a companys strategy, one would effort to perform research, and compare findings. For Example: Lowes is one of the worlds second largest home improvement retailers.         With adapting to changes in economy and technology, like E-Commerce and Tele-Communication, Lowes has found that much consumers work from homes, which opened up an opportunity to expand their product line.         Lowes offers consumers Home Office Products, like computer furniture, and uses this opportunity to provoke to the consumers a need for appropriate lightening. This is a smart move. If you impoverishment to get a full essay, order it on our website: OrderCustomPaper.com

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