Home Depot Began as a Simple Retailing Concept to Provide

question 159

Multiple Choice

Home Depot began as a simple retailing concept to provide a one-stop shopping for construction materials and tools whether for the professional or the do-it-yourselfer. It has evolved into a home and garden centre. It now has professional home interior
Decorators employed to help customers make decisions about lights, wallpaper, paint, etc. It also offers installation services on many of the items it sells. From being a
Relatively simple concept, Home Depot has become an international chain with higher margins and a diverse list of products. This evolution of Home Depot is consistent with the:

• A)wheel of retailing.
• B)fast food retail cycle.
• C)evolution of retailing.
• D)retail cycle.

---

Definitions:

Tension

A state of mental or emotional strain, often resulting from challenging or demanding situations.

Personal Economics

The study of how individuals manage their resources, including money, time, and skills, to meet personal and family needs and goals.

Non-Work Factors

Elements not related to one's job or professional responsibilities, such as personal issues or external activities, that can influence one's performance and well-being.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension, potentially resulting from adverse or demanding circumstances.