Enviromental Scan

theme endpoint and Wal-Mart environmental Scanning Environmental scanning is mavin of the functions of strategic management of analyzing external factors that can affect an agreement. Environmental scanning is to scan the environment to monitor and identify the changes such(prenominal) as new trends that may cause an effect on the organization. In addition, environmental scanning with an internal analysis of the organization strengths, weakness, mission, and vision can assist management to formulate a strategic plan to gain control that may get potentially significant affect. Successful organizations like The Home Depot and Wal-Mart be dependent upon the ability of its leaders and employees to adapt to the quickly transforming external environment (Wheeler & Hunter, 2010). The Home Depot is the worlds largest shell improvement specialty retailer, with over 2,200 hold ons in the United States, the partition of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, Canadian provinces, Mexico and China (Home Depot, 2011). The retailer sells approximately 40,000 products to customers. The 321,000 associates are the key to the organization success and deeply believe in the values upon which the organization is built.

Home Depot has eight corporeal values designed to guide the actions of all its employees. According to Home Depot, the corporate values are: Taking care of our people, enceinte back to our communities, doing the right, excellent customer service, creating shareholder value, building substantial relationships, entrepreneurial spirit, and respect for all people. Home Depot long objectives are to maintain continuous growth expansion, increase store modernization, investments in technology, and sustain control through the organizations vertical growth strategy (Home Depot, 2011). The organization has taken the first in building relationships with the do-it-yourself and professional customers and promises to provide the highest character products and... If you want to get a full essay, order it on our website: Orderessay

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