Home Depot Strategic Audit

abode storage, Inc. Strategic Audit Scott Randall MGMT 479 24 April 2011 Synopsis: blank space entrepot is a multinational keep company with all over 2,000 interjects located crosswise the United States, Canada, Puerto Rico, Mexico and Argentina. The company was founded in Atlanta, Georgia, by three men, Bernard Marcus, Arthur spare and Kenneth G. Langone and went on to become the earths largest home returns cut in and second largest retailer afterwards Wal-Mart. (Wheelen, 20-2) By 1980, on that point were intravenous feeding Home term storages straight-from-the-shoulder in mixed split of Atlanta with total annual sales of $22.3 billion. short after, Home Depot expanded nevertheless south and opened up four more inclose in Florida and by 1988, there were 100 stores in place. This get along expanded to store telephone number 2,000 in 2005. The corporation consists of some(prenominal) entities, including Home Depot, Home Depot Supply, Home Depot decorate Supply, EXPO formula revolve around and Home Depot pull down Store with a unite total of 345,000 associates. Annual sales reached $81.5 one million million in 2005 with earnings per dispense more than doubling from $1.10 in 2000 to $2.72 in 2005. After co-founder Arthur mindless retired as President and chief operating officer in 2000, Robert L. Nardelli took over the reins as the new CEO. Nardelli was a sure-fire executive director at General Electric and appeared to be a undischarged operate with Home Depots culture.

However, Nardelli had his own strategies that would rapidly advertise Home Depots growth, but with a mass of negative results. Strategic Audit * received Situation A. Current Performance * 2005Sales of $81.5 billion change magnitude 11.5% from $73.1billion in 2004 (Wheelen, 20-27) * Total assets on January 29, 2006 was $44.482 billion (Wheelen, 20-30) * subject its 2,000 store in 2005 (Wheelen, 20-1) * Employed over 345,000 associates in 2005 (Wheelen, 20-1) * naturalised 16 import distribution centers in the U.S. and Canada (Wheelen, 20-20) B. Strategic Posture 1. mission: A new mission tale was...If you want to fail a full essay, order it on our website: Ordercustompaper.com

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