Need help with my writing homework on Home Depot: Case Analysis. Write a 1250 word paper answering;

Need help with my writing homework on Home Depot: Case Analysis. Write a 1250 word paper answering; At that time, store managers had the complete freedom to determine their stores’ operations, merchandising practices and vendor management. According to Ton and Ross (2009), the management believed that local autonomy would encourage innovations that best suit the preferences and specifications of the local market. The firm adopted a decentralized purchasing approach so that each nine regional purchasing office separately negotiated with suppliers. It has been identified that the Home Depot gives first priority to full time personnel who are knowledgeable about home improvement. Although the company has adopted all necessary approaches that would add to customer satisfaction, its strategic failure in other organizational management sectors caused ineffective future planning. We also described that the Lowe’s had got a favorable market environment to grow and it became a growing threat to the Home Depot. Anyhow, increased application of customer satisfaction tactics aided the Home Depot to keep its profitability rate stable. Analysis of the issues We saw that the Home Depot’s share prices have been gradually falling for the last four to five years even though the company maintains improved sales revenues and profit. So, to explore the hidden reasons behind this issue, it is necessary to understand various factors that affect share prices. According to Reddy and Saraswathi (2007, p.235), an investor always looks on possible economic growth rate that a company would achieve in future in addition to the current profitability rate of the firm. It is obvious that the future economic growth rate of a firm would clearly depend on the effectiveness of its current business strategies.