ipl-logo

Home Depot Mission Statement Paper

731 Words3 Pages
bulb-icon

Recommended: Structure of home depot business

Home Depot Mission Statement Home depot was founded in 1978 by Bernie Marcus and Arthur Bland (Home Depot, 2016). Home Depot is now the leading home improvement retail store chain in the United States in terms of revenue according to Homedepot.com (2016). Their mission statement influences the strategies & activities the firm uses for business development. Home Depot’s mission statement is “to provide the highest level of service, the broadest selection of products and the most competitive prices.” They are a value-driven company and have eight core values. These eight core values are: excellent customer service, giving back, respect for all people, building strong relationships, doing the right thing, taking care of our people, entrepreneurial spirit and creating shareholder value (Abraham, 2012). …show more content…

They champion at making sure the customers are their top priority and they strive to make sure they are served the highest level of service and the broadest selection of products at competitive prices. The mission statement asserts that its customers are all people in need of tis products and services and that the company ensures that it serves its customers by providing them with the highest level of service, broad selection of service and most of all, competitive prices. Home Depot’s mission statement is relevant in the current market environment since the eight core values paint an image that the company is social conscious, customer oriented and cares about the environment and the welfare of the community. The mission statement of Home Depot is based on the core competencies of the company which shapes its initiatives for

Show More
Related
417 Words | 2 Pages

The business we chose to focus our project on is Publix Supermarkets. On Sept. 6, 1930, founder George Jenkins opened his first store, called Publix Food Store, in Winter Haven Florida. Today Publix has grown to be Florida’s largest employer with 168,500 employees and run 1,080 stores. Total sales in 2013 were 28.9 billion, relatively large for a regional corporation. Their mission statement is “To be the premier food quality retailer in the world,” and they’re doing an excellent job at it.

Read More
776 Words | 4 Pages

Mission statements will ensure that shareholders, employees and customers clearly understand what the company stands for. Mission statements also describe the organization’s overall goals. Mission statements should be written in a way that when someone reads the statement, they have an understanding of the activities that are performed in the organization. In this paper I will compare the mission statement of Chick-Fil-A Foundation with my personal mission statement. Chick-fil-A Foundation Chick-fil-A Foundation is a non-profit organization that’s sole purpose is to provide leadership and guidance to children and also support education in the local communities.

Read More
65 Words | 1 Pages

Each of their staff adheres to their core values including love, patience, hope, dignity, service, quality, compassion, and

Read More
1153 Words | 5 Pages

(Martin, 2016). This quote by Martin is an excellent representation of Jackson National Life’s mission statement because Jackson believes in helping its customers began their next phase of life with purpose and passion. The mission statement is the embodiment of Jackson National Life and without it, the company would not be the successful insurance company as it is

Read More
1042 Words | 5 Pages

Their mission statement

Read More
753 Words | 4 Pages

Unit 4: Impact of the use of IT on business systems Bradfield would want to upgrade the software in IT system to allow employees to progress and develop their work whilst using latest programs. Upgrading the system would allow the computer to run with high quality and would increase the speed of the computer. Quality of work As a manager at Bradfield, it is important that employees produce quality work for the organisation. Having it upgraded would increase the speed which would allow the computers to run faster than before.

Read More
447 Words | 2 Pages

Morehouse School of Medicine is an appealing option for pursuing my medical education. When reading Morehouse’s mission statement, improving the health and well-being of individuals and communities grasped my attention. My clinical experiences revolve around communities that are underserved, and sharing the same mission as Morehouse is key to becoming the physician I aspire to be. One of the things that stood out to me about Morehouse is the student run Good Samaritan Health Center. I am very interested about being involved with God Samaritan, because it is akin to the Siloam Family Health Center that I volunteer at, and it is an embodiment of Morehouse’s mission.

Read More
1825 Words | 8 Pages

PepsiCo existing mission statement A mission statement is the brief description of a company’s fundamental purpose (Verma, 2009, p. 153). It determines where the organization is going and tells what the company is presently. It informs the desired level of performance. “Our mission is to be the worlds’ premier consumer products’ company focused on convenient foods and beverages. We seek to produce financial rewards to investors as we provide opportunities for growth and enrichment to our employee, our business partners and the communities in which we operate.

Read More
1383 Words | 6 Pages

P5 In this task am going to explain the reason behind the choice of media and objective of the media in business and the method that I use to promote my product, media this this is the mass communication such as social media, television, radio, printed media such as magazines, newspaper and etc. this helps us to promote our business by saving time and sometimes money such social media this helps us to save money which helps us to save our cost in other business act Objectives of media To create awareness It brings awareness about the upcoming products or services, its provide information about the product how it used, theprice of the product, the place where the customers can get the product, if there any effect when using it wrongly, so this

Read More
266 Words | 2 Pages

Other companies also put focus on being socially responsible and following through on their mission statement. Hormel Foods is one such company. Hormel’s mission statement is: “Building upon our heritage of innovation and quality, together we will elevate the everyday experience by making Hormel Foods the favorite part of any eating occasion.” (Mission & Values)

Read More
486 Words | 2 Pages

Summary All successful businesses must have a mission and vision statement. Home Depot's mission, as found on the website http://www.missionstatements.com, is stated as: "Our goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the following: Excellent customer service; Taking care of our people; Giving back; Doing the ""right"" thing; Creating

Read More
1062 Words | 5 Pages

Two existing companies that I have chosen to evaluate, one large and one small company, are Starbucks and Dutch Bros Coffee. Starbucks is a large American coffee company that was founded in Seattle, Washington. It has a revenue of $22.4 billion and currently has about 254,00 employees (Starbucks Corporation, 2017). Dutch Bros Coffee is a privately held drive-through coffee chain located in Oregon with revenue of $77 million and growing and only 170 employees (Forbes Media LLC, 2017). I thought it would be cool to see how these two companies are the same and/or differ.

Read More
1879 Words | 8 Pages

Home improvement is an enormous business. Many people are interested in investing in this kind of business because it is one of the basic needs for a human to survive. Under a great pressure from competitions, the organization needs to make their business sustainable to ensure healthy of future generations. The essential part of growing the business is not just about making a profit, it's about how well managing the business efficiently. There was the theory that coined by John Elkington in 1994.

Read More
925 Words | 4 Pages

Blackberry offers a line of wireless handheld devices. Products provided are smartphones, tablets, software itself and Internet Service. The company’s headquarters is in Waterloo, Ontario, Canada. BlackBerry operates offices in Europe, Latin and North America and Asia Pacific.

Read More
846 Words | 4 Pages

Culture and Values: The enduring core values are: a. Put people first : Take care of the associates and they will take care of the customers b. Pursue excellence: Take pride in the details- everyday, in every destination worldwide c. Embrace change: Innovation has always been a part of the Marriott

Read More

More about Home Depot Mission Statement Paper

Open Document