StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Strategy theory and practice - Essay Example

Comments (0) Cite this document
Summary
Home Building Industry and Debt Ceiling Debate A classic definition of the home building industry is the constructing or designing of residential homes. Currently, this industry has been depressed due to a weak economy and it has faced many challenges. Homebuyers’ wallets don’t always dictate the changes in buyers’ tastes, though the current economic situation has intimidated the development of home building and has effectively limited the variety of new homes on the market…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.8% of users find it useful
Strategy theory and practice
Read TextPreview

Extract of sample "Strategy theory and practice"

Home Building Industry and Debt Ceiling Debate A ic definition of the home building industry is the constructing or designing of residential homes. Currently, this industry has been depressed due to a weak economy and it has faced many challenges. Homebuyers’ wallets don’t always dictate the changes in buyers’ tastes, though the current economic situation has intimidated the development of home building and has effectively limited the variety of new homes on the market. Standard Industry Code (SIC Code) of the home building industry is 1520, which represents General BLDG Contractors-Residential BLDGS. The North American Industry Classification System, (NAICS) code for the house building industry is 236116 and it respectively stands for Home Builders (Except Operative), Multifamily or 236115 for Home Builders (Except Operative), Single family (Economic and Housing Data). US-based home building industries depend on fluctuations of interest rates. The structure of the home building industry has become progressively more attractive. Investors within the industry consist of two main competitive classes: multi-regional builders and smaller builders, (often inclusive of National Association of Home Builders members). Another fact that the home building industry is growing despite a stagnant economy is the increasing stock rates of building companies that are on the rise. Though the industry as a whole has been hit financially, there are incorporated building companies succeeding in the marketplace. Regardless of limited success, there are some predicaments within this industry that’ve been triggered by the recession. The new developments can be outlined as follows: A. The Great Recession has caused a negative impact on the house building industry 1. The building of new single-family homes has decreased for more than 80% in comparison with 2005 (Economic and Housing Data) 2. Modern buyers are purchasing smaller houses, which are cheaper 3. 40% of house sales are foreclosures or other kinds of distressed properties. a) Investors are interested in largely profitable projects but buyers’ aren’t buying up extravagant homes as readily b) Even though buyers are investing in smaller, cheaper homes, foreclosures still plague the industry as people are forced out of work The decision made by Congress regarding a deficit compromise resulted in the increase of debt-ceiling up to $2.4 trillion. The implications for the American and world economy is interpreted by critics in the following way,  "Certainly the debt limit is an issue but the bigger issue here is the debt. The debt limit crisis is one vote away from being solved but if all we do is raise the debt limit without a solution to America's debt problem, we are in big trouble" (US Hits the Debt Ceiling). Without a doubt, America’s debt problem should be solved. Radical measures such as increased government spending may cause turbulence for American citizens. There are particularly negative opinions concerning the rise of the debt ceiling in America between Democrats and Republicans alike. Leading pushes by key opposition to raising the debt ceiling include fears that without a firm plan to get the US out of debt using appropriated funds will only devalue the dollar further and possibly turn a “double-dip recession” into a full-blown second depression.          There are a lot of retirees in America and it is very important for the country to save Medicare and Social Security. Without these programs, a total bankruptcy of the country may occur. Therefore, any actions to cut them have been stoutly opposed by the majority of representatives in Congress. It is more beneficial for the American economy to increase economic growth through tax cuts and breaks to spur investment rather than increases in taxes affecting the middle class. Moreover, there are some House Republicans oppose the idea of the debt ceiling rise with every turn. They agree to compromise only if the Obama administration accepts big spending cuts or introduces strict restrictions for potential spending of newly generated funds. As a consequence of a debt ceiling rise, Republicans consider the possibility that the government may default on its debt payments (US Hits the Debt Ceiling). Citizens would be affected severely by this. If this comes to fruitition, the government may cut expenses on social programs and sell its assets or real estate. Any kind of urgent measures taken by the American government towards a compromise, if kept at the current rate of progress, will not be instituted by the August 2 deadline. Works cited 1. Economic and Housing Data: National Housing Trends. Available from: 2. National Association of Home Builders. Available from: http://www.nahb.org 3. U.S. Hits the Debt Ceiling: What Does It All Mean? Available from: Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategy theory and practice Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/other/1428868-strategy-theory-and-practice
(Strategy Theory and Practice Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/other/1428868-strategy-theory-and-practice.
“Strategy Theory and Practice Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/other/1428868-strategy-theory-and-practice.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategy theory and practice

Bandura's Philosophy Theory

His memories are an accumulation of yesterdays. In yesterday's are written his dealings to others and to himself. He finds life more meaningful in the lives of others. His reason for living is to serve others because he learns more of himself by dealing, relating with and loving others. Hence his motto in life is: “Do to others what he wants others to do to him.”

Bandura’s theory confirms the reality of the experience. A man needs mirroring of others to tell him whether what he is doing is fine or not. The wife is the best critic of the husband and vice versa. This is what makes marriage a wonderful ground for discovery for the two is made into one yet uniqueness of each is still there.

Band...
7 Pages(1750 words)Coursework

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages(1500 words)Case Study

The Marketing Communications Strategy & Mix: Sports Company

Despite the challenges that Adidas met in the 90s from fierce competitor Nike, the company hit the rebound by the end of that decade and has reclaimed its position as one of the leading sports companies nationwide. Considering that the company almost went bankrupt at its lowest point, it managed to rise and compete once again in the market.
With Adidas’ position in the sports apparel industry, this research aims to find out and evaluate the various marketing communications strategies that Adidas has implemented over the years. Further, this research aims to be able to identify which strategy is proven to be most effective, and which did not bring the desired results.

Football is undoubtedly the most popular s...
9 Pages(2250 words)Case Study

The Importance of Strategy Process

This is so done because the advantage is much needed in such a scenario and it will help the organization to grow beyond the anticipated proportions. Building and indeed sustaining this advantage is a very significant exercise when one speaks of a competitive advantage in the first place. Competitive advantage is something that is built over time and requires synchronization between the tactics, activities and the overall strategy of the company which is producing the product(s). Competitive advantage is developed when there is a differential undertaking on the part of the customer. This could be in the form of lower prices than the competitors, better quality, efficient sales services, and support and a number of other features....
10 Pages(2500 words)Assignment

Social Theory in a Globalizing Age

A comparison between the followers of social theories and the followers of natural sciences (physics and chemistry) revealed that unlike followers of natural sciences social theorists don’t use any techniques to show the exact knowledge or skill. Instead, they prove their work or idea by suggesting a possible way of explaining the facts or arguments usually called hypotheses (Lemert, 2004).
By hypotheses, social theorists cannot easily prove their argument at a time but they require time to prove it. Social theorists are normally criticized for using the hypotheses. Deconstructionists or postmodernists, rigidly critical theorists, disagree with the criticism by mentioning that any research methodology is not 100% pure a...
10 Pages(2500 words)Assignment

Company Strategy to the Public Sector

The definition of corporate strategies emphasizes the need for the organization to satisfy the needs of all the stakeholders if the organization is to achieve its overall objective of maximizing shareholder value. Stakeholders include employees, customers and the communities in which the organization operates. Employees, customers, and communities, therefore, have a significant impact on the success of the organization and thus on the corporate strategy of the organization. In formulating corporate strategy, organizations need to identify and priorities strategic issues, which involve scanning, selecting, interpreting and validating information. (Schneider, 1989).
The aim of this paper is to explain the strategy of an organiz...
7 Pages(1750 words)Assignment

Developing Professional Practice Portfolio

I work in a very busy outpatient department that includes many different clinic settings.  Most recently, the oral surgery, maxillo-facial surgery, and plastic surgery departments have become part of our directorate as a result of reorganization with in the trust. Although I have always considered myself to be a competent, confident professional, I found working in this reorganized department very stressful. The unit seemed to be very poorly organized with staff shortages and inadequate facilities. I was most surprised to discover that there were no documented records for patient wound care services provided in the clinic. I found this latter situation to be unacceptable from a professional standpoint. Some of the patients in...
6 Pages(1500 words)Essay

The Interprofessional Practice and the Health Care System

This is also the position Stone (2007) takes in the quote under discussion.
Furthermore, Stone goes on to declare that Australia has been very slow to implement this practice as compared with other countries and government agencies. One of the primary reasons is that the public policy system in Australia is quite complex and the decision-makers have not come into agreement on where to place it in the policy matrix. This leaves Interprofessional Practice and Education in the dark (or the cold) as far as strategic planning for implementation as well as placing itself within the funding cycles of the government disbursements. (Stone, 2007)
Policies are created in order to put in place how politicians and government official...
6 Pages(1500 words)Assignment

Free Cash Flows Theory

These are not hard and fast rules in determining the capital structure which should best affect a firms value. These theories lay down the benefits and the costs when a firm chooses what it sees as an adequate mix to maximise the shareholders value.

One of the implications where this research can lead include the possibility of the effectiveness in maximising shareholder value by employing two or more theories in capital structure decisions. Because these theories are more conditional by nature, probing which combinations when used for capital structure decisions are more effective in arriving at the goal of maximising firm value can be another subject for further research.
The role of capital structure in increasi...
11 Pages(2750 words)Case Study

Management Theory and Practice in the Early Childhood Education Industry

...Management Theory and Practice in the early childhood education industry This Report applies management theory into practice in the early childhood industry, especially in the context of women leaders. Management issues play a significant role in the academic sector, because early childhood professionals need higher levels of motivation in order to avoid burnout . As pointed out in a study by Osgood and Halsall (2007) where they carried out research to examine the position of women in leadership or management positions, a “glass ceiling” exists for women in the academic setting, which could significantly impair motivation. Since many of the individuals employed in the early education sector are women, addressing this issue is even more...
6 Pages(1500 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Strategy theory and practice for FREE!

Contact Us