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Home Depot Consumer Buying Habits

499 Words2 Pages

Research Significance
Business research is the important method implemented by various association to attain success. One of the most problematic professional situations a person can face is not to know anything about a company. It would be disappointed when the business does not live to the expectation such as the work environment, financial stability, opportunities, and whole business practice do not meet the standard. Before following with a company, it is wise to find out about its complete monetarist health and development approaches to business values and industry name. It is important and effective for strategic leaders to foster a network of official and unofficial sources who keep them well up-to-date about what is happening within the company. Using unofficial and eccentric methods to collect data is insightful since the official channel can be portrayed by special interest within the association administrators who may be biased by the true state of businesses to the leader. This research project is important it would help us recognize how the real-world companies are operated.
Purpose …show more content…

This research will provide a significant of a report on the business level that this company has been practiced for decades particularly on its consumer buying habits giving data on attitudes to products and brands. Studying Home depot is especially imperative for information on day to day operation to see what is behind its business success. It will permit us as a business major to base the capability of our business philosophies on facts instead of eagerness (Burks, 2017). Consumer research approaches assist in evaluating the performance of its rivalry likewise business can size up their competitors with consumer research (Lakshminarasimhan,

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