Company Overview

The purpose of this paper is to ply an overview of two companies in the housing- exertion, Centex Homes and KB Home. The information contained herein was withstanded from the governance?s annual reports and dealing intelligence information was obtained from their respective(prenominal) web sites. We will nonetheless address social responsibleness and ethics of the organizations evident in their annual reports in resemblance to maximizing sh atomic number 18holder wealth. Since 1950 Centex Homes is verbalize to be the unproblematic business of Centex Corporation, and has been a major subscriber to the phoner?s overall ripening success for niner consecutive classs. Centex is the only domicile retraceer to right-down among the Top 10 on Professional Builder?s ?Giant four snow? keep down separately year since 1968, and is ranked bout sensation in its industry for Fortune magazine?s list of ?America?s Most Admired Companies?(www.centex.com). Centex Homes? primary break away is to obtain land including lots, and to build dwellings for a targeted segment of customers who are pursuance to purchase single-family detached homes, condominiums and town-homes. Customers include in the targeted stray are most often first-time home-buyers, those looking at to buy-up, customers with active crowing lifestyles, build to custom homes on customer-owned lots, resorts and warrant homes. The federation?s home building operations in fiscal year 2005 reached unload operating earnings of $1.

38 billion, which exceeded 2004 results by 43% (www.centex.com). In addition, during 2005 the company closed in exorbitance of 33,000 homes with an average gross tax price of $270,000. Furthermore, the company had a backlog of homes at the finis of fiscal period 2005 which had been exchange to buyers but not withal delivered that that exceeded 2004 results by 21%. Centex Homes? last is to become one of the tweet five homebuilders in the nation. currently the company has achieved a potent presence in 38 of the Top 50 markets. If you indispensableness to get a adept essay, order it on our website: Orderessay

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