Biz Ethics Case Study Home Depot Essay Example

that directly affect the common community. Additionally, it shows that the leadership of Home Depot has a moral compass and understands the value of acting responsibly. Home Depot could become a huge advocate of green building, sustainability and eco-friendly construction. Helping to develop solar, hydro and wind energy for the small builder and for the individual home owner would definitely give an upper hand in the marketing nd sale of such technology.

In addition, Home Depot might look to offering scholarships and grants for individuals interested in pursuing degrees in such fields. When you think of Home Depot, you think of building. Their slogan is, “Let’s build something. ” So the building of playgrounds, homes and aiding in the rebuilding of communities devastated by natural disaster are obvious choices.

It is hard to come up with a better arena for philanthropic efforts of a company that builds. Perhaps building schools or homes or community centers in third-world countries would be an appropriate idea.However, most Americans appreciate the support of the local community. Home Depot could perhaps look into investing in reforestation, donation of open space areas, or other “save the rainforest” initiatives as well as boycotting or not carrying wood that comes from those areas where the destruction of rainforest and natural areas directly impacts the environment or endangered species. Perhaps they could adopt mascots from the endangered species list to be mascots for the different areas of the store and a percentage of the proceeds would be donated to saving that particular animal species. .

Is Home Depot’s recessionary strategy of eliminating debt and halting growth a wise one? What would you recommend to the CEO? Home

Depot has been very smart and savvy in the recession. Their decision to stop growth makes sense, as the economy is not growing; there is no real place for it. In addition, they have cut spending and this has allowed them to be in the black instead of the red. While some experts say that it could prolong the recession, I think it shows awareness of the situation and it seems reckless to continue to try to grow when there is nowhere to go at the moment.

Home Depot seems quick enough to ramp up growth again when it is more fiscally safe and in the mean time they have taken the time to improve upon what already existed. The greater good is served by not going further into debt, especially at a time when building is down. Regardless of the money one can save by buying land and expanding cheap, if there’s nobody to shop at the stores and no money to be spent there, it is ultimately going to result in failure.Understanding who they impact and what their needs are enables Home Depot to act accordingly, with high moral standard.

Home Depot did not have to befall any sort of huge scandal or impropriety in order to understand the need to be socially responsible. Their leadership has allowed them to be aware of the customer, fix mistakes when they happen, aim for the highest customer satisfaction, offer value and honesty in product information, care for the environment, give back to the community, foster diversity and act responsibly with their shareholders money. It seems that Home Depot really is a “feel good” company. GRADING: your case

study provided some great case information, but did not include much module information beyond that. The paper does not integrate any real life personal experiences.

You addressed all the questions, but the answers do not include any insights from integrated literature. The paper follows the correct format, is clearly organized with reasonably good sentence and paragraph structure, and has no grammatical or spelling errors.