Karin Bean November 28 MGT 230 Exam One answers questions about Home Depot's strategies, compares competitors and answers to three types of contigency workers
Date Submitted: 09/09/2006 22:54:00
Karin Bean
November 28, 2004
MGT 230 Exam One
Part I
1.<Tab/>Which of the four types of grand strategies do you think Home Depot is currently pursuing?
Growth Strategies used by the Home Depot
<Tab/>Expanding their existing EXPO Design Center Concept from 15 to 26 stores
<Tab/>Anticipating continued strong expansions in the future
<Tab/>Planning on doubling the
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example, costs for breaking glass) I would have achieved effectiveness through efficiency.
<Tab/>If the production would stay the same (same output), and fewer resources (breaking glass) would be used, I still would increase efficiency and the result would be effective.
<Tab/>If the production would increase, but more resources would be used (more glass), it would be efficient (produce more windows) but not effective.
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