Lowe's Mission Statement

257 Words2 Pages
Part B: Business Strategy Mission/vision statement - Our mission is to provide impactful support to local communities. We've stepped up our efforts to help families and communities manage through challenging economic times. Interpretation of Mission/Vision Statement – Lowes’ mission is to provide Home improvement products to customers at great affordable prices, while helping the communities as well. SWOT Analysis: Strengths: - Great products and organization - Lowe’s has organized departments that cater to customer’s needs. - Distribution system - Lowe’s has 14 regional distribution systems, which allows Lowe’s to distribute 75% of its products to its stores. Weakness: - Lack of control of overseas product manufacturing - Lowe’s buys