The company should concentrate on the The company was founded in and headquartered in Georgia Home Depot: It has executed many strategies for the well being of society and environment.
The next important stakeholder of the firm is the investors and shareholders. Their power is known as Utilitarian power. As the company operate at global level, the policies for the welfare of employees are not quite effective. The power of employees is normative power.
The next most important stakeholders for the firm are the customers of the company. The notion of moral legitimacy is not available in Home Depot for employee stakeholders.
Company has realized that the success is highly dependent upon the notion of social responsibilities. Customers of the company have also normative power, because the preference and liking defines the success of the firm.
For instance, company has made alliance with many universities for the production of solar energy and creates advanced energy efficiency Nashville, According to the CRS and environmental issues the most important stakeholders of the firm are its employees, Customers and Investors.
Is Home Depot recessionary strategy of eliminating debt and halting growth a wise one? In addition, the paper also explains about the budget justification for philanthropy.
What would you recommend to the CEO? The employees are the most important among all the stakeholders because of their treatment in the organization. Solution Summary The expert examines using the reactive-defensive-accommadative for environmentalist issues.
What areas other than the environment, disaster relief, affordable housing, and at-risk youth might be appropriate for strategic philanthropy by Home Depot? Attributes and Performance of Stakeholders Home Depot has already taken many initiatives to become green and protect environment form pollution and hazardous gas emission.
There are some recommendations also given to the CEO over the recessionary strategy of eliminating debt and halting growth. As a publicly traded corporation, how can Home Depot justify budgeting so much money for philanthropy?During the recession, Home Depot decided to decrease expansion from two stores a week to only five a year.
They are a company that has strong environmental initiatives, philanthropy, and social responsibility. On the basis of Home Depot’s response to environmental issues. Home Depot adopted Environmental Principles and took the first step in addressing environmental problems and minimizing their impact on the environment some example are the reverse distribution program, offer wood products from tropical and temperate forests certified as “well-managed” by the Scientific Certification System’s Forest Conservation and many more, thus showing the company’s 86%(7).
Social Responsibility On the basis of Home Depot's response to environmental issues, describe the attributes (power, legitimacy, urgency) of the stakeholder.
Assess the company's strategy and performance with environment and employee stakeholders. On the basis of Home Depot’s response to environmental issues, describe the attributes of this stakeholder. Assess the company’s strategy and performance with environmental. Over the years, the Home Depot has had its share of challenges Corporate Philanthropy On the basis of Home Depot's responses to environmental issues, describe the attributes (power, legitimacy, urgency) of this stakeholder.
Assess the company's strategy and performance with. Assignment Help >> Business Management. 1. On the Basis of Home Depot's response to environmentalist issues, describe the attributes (power, legitimacy, urgency) of this stakeholder.Download