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Essay

Home Depot

Essay specific features

 

Issue:

Business

 

Written by:

Gilbert S

 

Date added:

May 13, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1743

 

Was viewed:

9170 times

 

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Essay content:

In 2009, Company’s profit is down 49%. Full-year revenue for 2009 dipped 8% to $71.29 billion from $77.35 billion, while same-store sales slid 8.7%. From 2000 to 2006 research demonstrates Lowe’s growth in net income was 120% higher than its much larger competitor Home Depot. Furthermore, this period where Home depot was under CEO Nardelli, stock value dropped 8% while Lowe’s soared approximately 180%...
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Furthermore, this period where Home depot was under CEO Nardelli, stock value dropped 8% while Lowe’s soared approximately 180%.[2] These problems seem to have begun with Nardelli’s take over as CEO in 2000. Nardelli reversed Home depot’s strong attention to customer service. He implemented an autocratic, military like organizational culture that was completely different to the decentralized, high autonomy, and customer orientated culture formed by the founders Bernie Marcus and Arthur Blank...
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Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot Home Depot The Home Depot Better Home and Gardens and The Home Depot Home Depot
 

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