Provide a response to Case 9: Lowe’s Companies, Inc. (p. 451).
Answer the 5 questions at the bottom of textbook page 459 (within last
paragraph). Do not “Design a three year strategic plan…” as
outlined in the final statement. In lieu of this question, you are to answer
the following question:
Develop the projected financial statements that fully assess and
evaluate the impact of your proposed strategy.
There are a total of 5 questions/statements that need to be
answered for this assignment.
You will need to use information contained in Chapter 7 in order
to successfully complete this assignment.
Place the results of the exercise(s) in a single document and
submit it via the link provided. Include your name, class, section number, and
the number of the exercise(s) on the attachment (e.g.: 1B, Step 3). Be sure
that the assignment is in a business-professional format; include current APA
citing and referencing.
The 5 questions/statements that need to be answered for this
(1) Should Lowe’s expand into Canada, or review
efforts to acquire Rona?
(2) Would you recommend Lowe’s enter the
Australian market with 150 new stores as current planned in an attempt to match
Ace’s international presence?
(3) Would you recommend Lowe’s reduce the size
of its stores to match Home Depot, and even smaller stores such as Ace and True
(4) What do you think are the best strategies
for Lowe’s to outperform Home Depot as the housing market and world economy
continue to improve?
(5) Design a three-year plan for CEO Niblock
which specifies outlying the appropriate course of action. Develop the
projected financial statements that fully assess and evaluate the impact of
your proposed strategy.