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The reason for their success as a company is due to the fact that their constructions are close to the metropolitan area. This is liked by potential buyers as they are working in the metropolitan locality and would like to be able to communicate to their house from their place of work easily. They are also an old company having started in 1957 as Kaufman and Broad, which helps their reputation. Their supply chain, outsourcing and location of operations are built on the base of their length of operations and this helps them to provide houses at cheap prices. (Bosworth, 2005) There is a very high increase in the prices of shares of this company which shows the confidence of the people in the company. The sales in 2004 has been over $7 billion and the growth during 2004 has been of 21.4%.The financial performance of the company is good with growth in earnings per share being 22.29%, and dividend growth being 26.41%. Share prices are high being at $75.91. (KB Home (NYSE: KBH): www.hoovers.com) It is clear investors have a lot of faith in this company and that is the only possible reason for growth in share prices.
3. The organization has defined its objective as being that it is involved in acquiring and developing land...
(Profile: KB Home) Thus one of the main efforts is to collect land titles that can be developed. However, some land gets taken up that is not liked by the individuals who buy their houses on that land. This has also brought some trouble to this company in certain cases. (Arlington residents sue KB Home) Recent steps have been taken by the Chief Executive and Chairman of KB Homes -- Bruce E. Karat has brought about a massive reduction of the warranty claims by an amount of 90%. This is in spite of the increase in sales by about 25%. Customer satisfaction is the key objective of KB Home and it is the central to their business strategy. They are dedicated towards providing their customers with a superior level of service and quality and this is in relation to each and every home that they build. In addition to customer service and home readiness, the important elements that motivate overall customer satisfaction are "the sales staff, quality of workmanship and materials, price and value, design elements, design center, recreational facilities, location and construction manager" (KB Home Ranks in Top Three for Customer Satisfaction in Albuquerque, Austin, Houston and Las
Homebuilding Industry The Industry Dominant Economic Features Market Size and Rivals: Pace of Process and Product Technology Change Economies of Scale in Purchasing PORTER'S FIVE FORCES Industry Competitors Threat of New Entrants Substitutes Suppliers Buyers THE DRIVERS OF CHANGE IN THE INDUSTRY AND THEIR IMPACT Demographics The Economy and Interest Rates COMPANY POSITION Centex Corporation Horton Pulte Homes KEY SUCCESS FACTORS FOR COMPETITIVE SUCCESS Understanding the Markets Understanding Local Regulations Reputation INDUSTRY'S ATTRACTIVENESS, LONG-TERM PROFITABILITY AND CONCLUSION HOMEBUILDING INDUSTRY The homebuilding industry plays a major role in the United States economy, as a significant
Interval variables Frequency distribution Agecat Category Percent 18-24-5% 25-34-25% 35-49-30% 50-64-25% 64+ 15% As one may observe, most respondents in this study are in the 35-49 and in the 50-64 age groups. The least respondents are in the 18-24%. Ordinal variables Frequency distribution Dept results show that the clothing department is preferred by 25% of respondents, followed by the electronics department with 18%. Payment results reveal that 35% of customers prefer to pay with their credit cards, while 52% prefer to pay
However a poll take in 1994 by the Wall Street Journal found that 28% of Americans would prefer to have their own children homeschooled (Houston & Toma 2003). The authors further explain that the increased number of children being home schooled has created issues associated with truancy laws and in some cases been the catalyst for the passing of new laws. In fact 35 states have created new legislation related
82). Both desktop and Web widgets have the same basic components. Fundamentally, they use Web compatible formats, even if intended to run in a desktop environment. This means that the core of the widget is HTML and CSS code which contains the actual content of the widget, namely text, linked images/video or content pulled from a server of Web service. Alternatively, the widget content can be created using Flash, although
" In this case the part of Dozey was complete as he had recovered the cat, and was in the process of returning the cat to the owner Cindy. By the logic of the Carbolic smoke ball case the contract was complete and Cindy could not withdraw the offer and therefore was bound to pay the sum. Thus the revocation even in the newspaper may not have much significance because
The subject is now part of a national political task force, with the goal of eliminating the problem within one generation (Ferran, 2010). Formally, teen pregnancy is based on a woman who will not reach her 20th birthday by the expected birth of her first child. This definition does not assume marriage, nor if the woman is legally an adult (depending on the country). The idea of marriage and birthing