MGMT 407 HOME DEPOT ANALYSIS- CASE 1 Home Depot: Building Towards Success 1. The Home Depot gives back through volunteerism‚ philanthropy‚ product donations and sharing expertise. The Home Depot is in the home improvement business and their goal is to provide the highest level of service‚ the broadest selection of products and the most competitive prices. Home Depot is a values-driven company. The above sentence is the mission statement of The Home Depot. The mission statement itself
Premium Corporate governance Board of directors Corporation
How do you know? Home depot is utilizing separated procedure. The separated technique empowers an association to expand add up to deals by concentrating on more than one portion. This is particularly valuable if a firm has overabundance creation limit‚ since it permits the
Premium Marketing Cognition Scientific method
Working Capital Strategies for Starbucks Current (for fiscal year 2007 & 2008) Working Capital Management: 1. Working capital (WC) for year 2007 and 2008 are negative‚ primarily due to increased current liabilities from short term borrowings. These short term borrowings have been taken partly to repay previous year’s short term borrowing and partly to finance increased non-cash working capital. 2. Number of days of inventory is decreased for 63 to 55 days. This level of inventory implies
Premium Revenue Generally Accepted Accounting Principles Inventory
Benchmarking for Working Capital Strategies Many companies seek to differentiate themselves and achieve success primarily through new technologies or unique product or service offerings. Companies that apply best practices go beyond this by gaining competitive advantage through stronger and more efficient internal business processes. The role of cash management can vary greatly from one company to the next‚ making an apples-to-apples benchmark comparison of how corporations collect‚ disburse
Premium Cash flow Cash conversion cycle Corporate finance
Home depot Case Study analysis 1) In the case of Home Depot‚ I feel the two values that seem more concurrent are Universalism and Benevolence. Through the very tough economic conditions Frank Blake remained very loyal to his staff‚ he took care of them during the market downfall by lowering sales and profit target that hourly employees were to meet to receive bonuses. This inspired workers to want to meet goals that were much more realistic‚ and had great rewards. This also generated a higher
Premium Customer service Customer Management
Starbucks Working Capital Strategies Starbucks is one of the largest most recognizable names in the coffee industry known worldwide. Starbucks has been able to hold onto their business making revenue in these current rough economic times. Even though they have had to shut down some stores it is nothing new than what any other company does when stores are not brining in the revenue that is expected to cover expenses of the business. To see what kind of impact the decisions that Starbucks has
Premium Balance sheet Asset Generally Accepted Accounting Principles
Working Capital Strategies By Forecasted If Microsoft forecasted revenue increase by 20 percent’s for the upcoming year‚ several parts of the annual report will be affected by the 20% increase forecast. First of all‚ the income statements will alter their revenues from 16‚195 million dollars to 19‚434 million dollars. Revenue is not the only thing that changes since there are other expenses that need to be changed. For example in the income statement‚ the operating expenses will not have
Premium Balance sheet Accounts receivable Generally Accepted Accounting Principles
Accounting paper Capital Budgeting‚ Budgeting and Working Capital Strategies Due: December 1‚ 2008 California International Business University‚ San Diego Accounting‚ CIBU 631 Lee White (MBA) Table of content 1 Introduction 3 2 Background and meaning 4 2.1 Budget 4 3 Capital budgeting 5 3.1 Capital budgeting techniques 7 3.1.1 Net Present Value 7 3.1.2 Payback Period 9 3.1.3 Modified Rate of Return 10 4 Budgeting Process 11 4.1 Analytical Tool
Premium Balance sheet Generally Accepted Accounting Principles Financial statements
Home Depot Questions for Case Discussion 1. Look at page 16 of the case (Selected Financial Data). Note that fiscal 1985 ends on February 2‚ 1986 (there is a typo on this page; the far left numbers column should be February 2‚ 1986 instead of February 2‚ 1985). Evaluate Home Depot ’s performance in the following areas: • Growth in Sales • Growth in Total Assets • Change in Net Income • Growth in Long-term Debt 2. Look at page 17 of the case (Management Discussion). Compare 1985 to 1983
Premium Generally Accepted Accounting Principles Cash flow Revenue
SWOT analysis Strength: 1. Being the industry leader ‚ it has enough capital and resources to spread its business 2. Improving the core stores by diversifying services‚ new channels and move upstream and to international markets. 3. Developing a wholesale builder supply business and home service business 4. Cutting labor costs by doubling the number of part-time workers Weakness: 1. The large number of part-time workers can decrease the quality of products. Workers won’t work
Premium Marketing Strategic management SWOT analysis