Question: 1. Good vision and mission statements: create added value for a company. are designed to confuse competitors. show what a company wants to accomplish. help

1. Good vision and mission statements:

create added value for a company.

are designed to confuse competitors.

show what a company wants to accomplish.

help protect the company from government auditors.

2. Home Depots operations are considered best-in-class in the hardware industry. Youve just been hired to improve a competing companys operation.

What is one recommended step you can take to do this?

Obtain more sources of data on the health and profitability of the hardware industry.

Develop a logo and advertising that is the same or very close to Home Depots.

Benchmark Home Depots operations to measure your own.

Promote your hardware store to Home Depot employees.

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