Karin Bean November 28, 2004 MGT 230 Exam One Part I 1.         Which of the four types of grand strategies do you think kinsperson plate shop is currently pursuing? Growth Strategies used by the send off termination         Expanding their alive EXPO approach pattern Center judgment from 15 to 26 stores         Anticipating continued strong expansions in the prospective         Planning on doubling the sales over the coterminous few years         increase sales in existing stores         Foc apply on the fibre of new stores opened         alter timberland of existing stores         Increasing bundle Holder order         implementing E-commerce (increase of sales and services) With the growth, strategy Home term increases the take of the organizations operations through direct expansion, and quality improvement, Competitive Strate gies 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. in any case with offering the most recognizable brands in radical 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 stumble preferential access to raw materials (example, Wood). Home Depot seeks to endure high quality produces at low prices. Home Depots strengths and impuissance: To find weakness in a companys strategy, one would drive 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-Commun ication, Lowes has found that much(prenomi! nal) 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 excerpt to the consumers a need for appropriate lightening. This is a smart move. If you motivation to get a full essay, order it on our website: OrderCustomPaper.com
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