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Home Depot Mission Statement Paper

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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

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