Home Depot Case Analysis Essay

The Home Depot, which was founded in 1978, has established itself as the largest home improvement retailer in the world, earning them the 28th rank on the Fortune 500 list. They boast an impressive 2,200 stores, 385,000 associates and reported annual revenue of $88.5 billion in 2015.

H&R Block has developed and is currently marketing H&R Block At Home™ income tax preparation software. H&R Block At Home™ offers a simple step-by-step tax preparation interview, data imports from money management software and tax preparation software, calculations, completion of the appropriate tax forms, error checking and electronic filing. Their software products may be purchased through third-party retail stores, direct mail or online. H&R Block offers a comprehensive range of online tax services, from tax advice to complete professional and do-it-yourself tax return preparation and electronic filing, through their website at www.hrblock.com. This website allows clients to prepare their federal and state income tax

a) What does Commercial Fixtures do? What is their competitive position in the market place?

The estimated years of useful lives of company property and equipment are as follows: buildings 5-45 years, furniture/fixtures/equipment 3-20 years, and leasehold improvements 5-45 years.

Analysis of Strategic Factors, Strategic Issues, Strategic Alternatives and Recommendations, Evaluation and Control and Summary)

In January 2007, TJX Companies Inc. released a statement to the press that an estimated 40 million of their customer’s credit card accounts had been compromised (although final reports state that over 94 million accounts were affected) (Berg 2008). Through the company’s POS (Point of Sales) system, credit card information was stolen by a ring of hackers and approximately $4.5 billion spent on these cards (Berg 2008). What the hackers did was intercepted the credit card information from customers who swiped their cards at the store and then created their own physical cards using this information. Then they sold the credit cards to people, who turned around and used these cards at retail stores, like Walmart (Agrawal 2011). Three areas of weakness within the company’s IT systems that allowed for an attack of this scale were: inadequate wireless security, improper storage of customer data and failure to encrypt customer account data (Berg 2008).

Thank you for calling me over this weekend in response to my complaint with your organization. In following up, I am memorializing the content of our conversation as I understand the facts:

On September 8th, 2014, Home Depot claimed that they had experienced a data breach that impacted its payment card system. In order to enter one of Home Depot’s vendor environments, the hackers stole third-party vendor login credentials by using phishing emails. Then they acquired an elevated right that allowed them to penetrate Home Depot’s computer network and install a unique and custom-built malware on the company’s self-checkout systems in the U.S. and Canada. The malware was able to evade detection by antivirus software over five months and to steal 56 million credit and debit card details as well as 53 million email addresses, making it one of the biggest breaches in 2014.

have worked several shifts since coming on board with The Home Depot Corporate security team, and I have maintained a safe and secure enviroment by staying alert ,monitoring all who enter and exit the facility by monitoring the CCTV cameras and doing a proper and efficient patrol of the facility. The patrols include but not limited to the call floor ,all rooms,exits,emergency exits,and parking lot around the facility. While working, i have encountered several incidents with unauthorized persons entering or on the property and have handled those different scenarios in an efficient and professional manor while maintaining a safe and secure enviroment for all.

Over 40 millon people have been victums of the breach. Information of these people may have inclueded names, mailing adresses, phone numbers or email adresses, along with other information. There were multiple instances of fraud , where customers relaized some of their cards might have been sold on the black market.

Primarily, I’d begin to mend the broken relationship between the store’s associates and corporate office by simply inferring humility between the two groups. I believe that there are no small jobs or small people. Every individual working for Home Depot should have a voice and be able to contribute ideas to what would make the company better just as much as a manager. In truth it’s the cashier, the janitor, the stocker, and the store’s associates that spend the majority of time with the customers. The store associates are essentially the pulse of Home Depot. The store can have the best of facilities and merchandise for any Do-it-yourself project nevertheless if there’s an associate with a disgruntled spirit or grimace on their face the public

The Home Depot Inc. was founded in 1978 and is the world’s largest home improvement retailer and the second largest retailer in the United States. The sales for the fiscal year 2000 were $45.7 billion, compared to $38.4 billion in fiscal 1999. As of January 2001, the company was operating 1,134 retail stores in forty-seven states, six Canadian provinces, Puerto Rico, Chile and Argentina.

The less sophisticated thieves have perfected the art of “dumpster-driving” rummaging through trash. Abusing employer’s authorized access to credit reports or some even playing ‘landlord’ has given them unauthorized access to victim’s reports. Some victims have been scammed fro information by an identity thief posing as a legitimate businessperson or government official. In the most recent news from Concord, NC (Aug. 19, 2004), the police have uncovered a more sophisticated case of ID theft. The newspapers stated, “Authorities think a portable credit card reader, or skimmer, was used to read personal information off a credit card’s magnetic strip. Then those details were applied to the strip on the back of a different cared.”

Bitcoin is a form of digital currency that is similar to physical cash stored in a digital form. It is the first fully implemented cryptocurrency protocol utilizing an open source peer-to-peer payment system. As a transfer protocol, it fundamentally functions as a money transfer medium that sends bitcoins from user to user without the need of a third-party intermediary and the system is protected by peer-reviewed cryptographic algorithms. This cryptographic digital currency simultaneously provides users a method to exchange money for free or a nominal fee, which is mutually beneficial for retailers and consumers. The main concern is that it can be used for illegal activities

The case study Renovating Home Depot was the case of a leader who joined a successful business only to discover that the company was running out of growth opportunities and also did not have the basic systems needed for increased growth in place. Robert “Bob” Nardelli was chosen as the CEO of Home Depot based on his proven ability to reenergize slow-growth businesses. He was a leader that went all out to achieve his goals and was identified as someone who was “comfortable in his own suit”, and believes in being successful his own way. He made several innovations which were used in General Electric (GE) where he recorded past successes. We see the success demonstrated in the growth of revenue in Home Depot, as well as opening