What type of business organization is Home Depot?

What type of business organization is Home Depot?

The Home Depot

The Home Depot corporate headquarters in Atlanta, Georgia
Type Public
Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component
Industry Retailing
Founded February 6, 1978 Marietta, Georgia, U.S.

How much does the CEO of Home Depot make?

Home Depot’s incoming Chief Executive Officer Craig Menear will earn an annual base salary of $1.3 million while Frank Blake, the company’s outgoing leader, will be paid $750,000 a year in his role as chairman.

Is Home Depot centralized or decentralized?

Advantages. The main advantage of Home Depot’s organizational structure is that it enables the company to maintain centralized corporate control. This centralization was strengthened under former CEO Nardelli’s leadership.

Who is in charge of Home Depot?

Craig Menear (Nov 1, 2014–)
The Home Depot/CEO

Craig Menear is chairman and CEO of The Home Depot, the world’s largest home improvement retailer with more than 2,200 stores and 400,000 associates.

What is Home Depot’s corporate culture?

Home Depot’s organizational culture emphasizes excellent service. The company achieves high quality service through training programs and a human resource strategy that hires field experts like carpenters and plumbers. These experts provide expert advice when customers make purchase decisions.

How much do Home Depot regional managers make?

Average The Home Depot Regional Sales Manager yearly pay in the United States is approximately $120,492, which is 29% above the national average.

What does a Home Depot ASM make?

Average The Home Depot Assistant Store Manager yearly pay in the United States is approximately $58,727, which is 30% above the national average.

What is divisional organization structure?

The divisional organizational structure organizes the activities of a business around geographical, market, or product and service groups. The divisional structure is especially useful when a company has many regions, markets, and/or products.

Is Home Depot a corporate or franchise?

Home Depot is not a franchise, and instead is a publicly-traded company founded in 1979 and expanded across the United States over a few years. This company is run like a traditional corporation and is owned by several shareholders.

Where is the corporate headquarters for Home Depot?

Atlanta, GA
The Home Depot/Headquarters

How does Home Depot rate as an employer?

The Home Depot Culture At a Glance Overall, the 2101 The Home Depot employees give their leadership a grade of A-, or Top 15% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager. Overall, employees at The Home Depot are pleased with their team.

What is Home Depot’s organizational structure?

Home Depot has a divisional organizational structure with some features of the functional organizational structure. The following are the main characteristics of Home Depot’s organizational structure: Geographic Divisions.

Is there a global hierarchy at Home Depot?

Global Hierarchy. Hierarchy is a less prominent feature of Home Depot’s organizational structure. This hierarchy exists at the global and store levels. Globally, Home Depot’s organizational structure’s hierarchy is observable in the lines of command and authority.

Who is the CEO of the Home Depot?

At The Home Depot, CEO Craig Menear and our leadership team are paving the way for stores to deliver the best products and customer experience.

What is the Merchandising Group at Home Depot?

The Merchandising group is composed of the Hardlines Merchandising group, the Décor Merchandising group, and the Building Materials Merchandising group. This feature of Home Depot’s organizational structure addresses specific business functional needs.

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