Home Depot Inc.Complete an industry analysis and a five forces model analysis including an assessment of HOME DEPOT’s closest rival. Be sure to answer the following questions:
• What are the driving forces of change in the industry in which Home Depot competes? How has Home Depot changed its strategy to address driving forces?
• Where does Home Depot stand within the industry based on the five forces model of competition analysis?
• Which of the five forces exert the most pressure on Home Depot? What has the company done to relieve this pressure?
• What are your recommendations to further reducing pressure from these forces?
