Executive summary Case Study Example | Topics and Well Written Essays - 250 words - 1

Executive summary - Case contemplate ExampleHome depot management is seeking to improve profitability by reducing be through with(predicate) product review, purchasing improvement and increasing number of rental centers, address the current declining node service and increasing its revenue by between 15% and 18% to be achieved partly through acquisition.Lowes company seeks to improve profitability by introduction of new merchandise, changing its pricing strategy. It expects to collapse up more branches in its predominant rural areas as well as metropolitan areas, soon dominated by Home Depot. The management also seeks to maintain its current revenue gain 18% to 19%.Alternate products Home depot has the ability to diversify its current operation by expanding into resource product as a means of boosting profitability. The new at home product has a growth potential of 30% annually compared to overall companys growth potential of 15%.choice retail format home depot should focus o n new methods of ensuring that its customers are taken concern of. This should involve focusing on the new program of Service Performance Improvement as a value addition to its customer since preliminary studies show that its outperformed the current do-it yourself program in basis of productivity, operating margins and inventory turnoverAlternative product the current market is made up of ironwares, lumberyards and larger-format home centers. By consolidating its market share gains in the new category of appliances, the company stands a assortment to operate more profitably.International expansion Lowes is currently a major participant in the domestic market but does not have international presence, compared to Home depot whose revenues from foreign markets rat up to 10% of total sales.Although both companies are currently implementing growth strategies, future growth opportunities uncommitted for them vary. Home depot can successfully improve profitability by acquisition, de veloping