Home Depot
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I am attempting to analyze the effects of government policy, social diversity, and business ethics for Home Depot. I am require to give a recommendation.Unfortunately am having extreme difficulty providing the information. Your assistance would be greatly appreciated but please be specific if you would because my understanding is limited in this area.
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Home Depot - Government policy, social diversity and business ethics
I am attempting to analyze the effects of government policy, social diversity, and business ethics for Home Depot. I am require to give a recommendation.Unfortunately am having extreme difficulty providing the information. Your assistance would be greatly appreciated but please be specific if you would because my understanding is limited in this area.
Essentially the US government policies that affect Home Depot relate to home mortgages. Currently, Home Depot sales are showing a fall of $20 billion from its peak in 2007, during the last two years, it has fired thousands of employee and has closed down more than 54 stores. Which government policies affected Home Depot? The government policy encouraging construction of homes through low cost credits led to a boom in home building and consequently pushed Home Depot revenues to their pinnacle. However, when these mortgages turned sour and were foreclosed and the economic decline began the home building industry was worst hit and Home Depot sales declined. In fact, the government policies that led to the decline in the economy directly affect Home Depot. The products they sell namely home improvement products are among the worst hit products during depression. People tend to ...
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