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Home Depot Scientific Strategic Analysis

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Home Depot is a home improvement specialty store that has been around since 1978 (Home Depot, 2016). The Home Depot has more than 2,200+ retail stores in the United States (including Puerto Rico and the U.S. Virgin Islands and the territory of Guam), Canada and Mexico and reported retail sales of $94 Billion and earnings of $8 billion in 2016 (Home Depot, 2016). In order to have this type of success, Home Depot had to be well aware of the economy, housing market, and home improvement industry which lead me to believe that the company subscribe to a scientific strategic perspective. Scientific strategic perspective states that a firm uses data from the industry environment to determine the firm’s next move that would give them a strategic advantage

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