Home Depot Inc.
Complete an industry analysis and a five forces model analysis including an assessment of HOME DEPOT’s closest rival. Be sure to answer the following questions:
• What are the driving forces of change in the industry in which Home Depot competes? How has Home Depot changed its strategy to address driving forces?
• Where does Home Depot stand within the industry based on the five forces model of competition analysis?
• Which of the five forces exert the most pressure on Home Depot? What has the company done to relieve this pressure?
• What are your recommendations to further reducing pressure from these forces?
The post What are the driving forces of change in the industry in which Home Depot competes? How has Home Depot changed its strategy to address driving forces? appeared first on Homework Aider.
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