MGM465-0801A-05 Business Strategy - Phase 2 Individual Project Essay

MGM465-0801A-05 Business Strategy - cast 2 Individual Project - Essay ExampleDue to non-availability of statistics from authoritative sources, it is not possible to constitute the progressive fluctuations in purchase activities of new and existing commercialized premises. However, there is a progressive show in the successive years in construction cost for commercial buildings.The number of new commercial buildings constructed from 2005 onwards is not available. However, the construction costs for construction of new private non-residential buildings for 2005 and 2006 were $256,644 million and $295,715 million respectively.The factors prudent for home improvement were preference for larger and more luxurious living spaces, significant number of homeowners opting for remodeling of kitchen and bathrooms, and in many cases new homeowners opting for home improvement within first two years of purchase.The total remodeling disbursal in USA in 2005 amounted to $280 billion of which $1 88 billion was for Home repairs and improvement. (Financing Guidebook for Energy Efficiency design Sponsors, December 2007).It is necessary to improve efficiency by shaking up the top-level management. There cannot be gross profit for stagnant and loss-making centers, divisions and departments. Improve efficiency by working out a policy of rewarding strong performance. Managers who do not perform must shape up or ship