Home Depot Essay

The lodge I am selecting for this project is Home Depot. Home Depot is an American partnership involved in home improvement and construction products and services. This company is determined in Atlanta and is considered as the largest home improvement retailer in United States of America.The firm works in a retail intentness with emphasis on the selling of products related to the construction business with more(prenominal) focus on providing services which focus on providing solutions to the customer necessitate in terms of providing excellent services with more focus on respecting the customers as well as the society within which the firm works.The rule behind selecting this company is the fact that it is the largest firm in its chosen welkin of business and only the second largest retailer in US. Over the outcome of time, it has emerged itself as one of the most successfully companies with innovative management practices and strategies which allowed pickings lead from its much stronger competitors.The history of the company is not that old as the firm was founded in late 1970s. Success in such terse period of time speaks volumes about the way company has been managed and taken flush off. Further, it is also important to mention that the company has diversified into many unlike businesses thus providing itself necessary leverage to withstand different economic shocks as well as external risks. Recent performance of the firm provoke that there has been, on average, a growth of 10% which has been achieved by the company pointing towards the strong market potential as well as shrewdness of the firm into the local market. It is because of these reasons that I have chosen this company for my project.