RUNNING HEADING: ENVIRONMENTAL SCANNING University of Phoenix MBA/501 Forces Influencing Business in the twenty-first Century David Lantz University of Phoenix Faculty March 9, 2008 Environmental Scanning Introduction In the following pages, watchword bequeath take place on the twirl attention, including a clear description of the attention and the business environment problem. This paper will be broken down into several part starting with the introduction. Next key macroeconomic variables that affect the construction industry will be identified. The macroeconomic variables and the corresponding industry variables will be graphically represented for the last five dollar bill years. Information will be integrated from the text and exterior sources to illustrate the effects of the economic variables on the construction industry. The paper will conclude with a look at the challenges and opportunities that live for construction firms in the operating environment. Industry Overview This paper will focus on the construction industry, NAICS code 236115 - New Single-Family hold Construction (except Operative Builders). This U.S.
industry comprises general contractor establishments in the first place liable for the entire construction of new single-family caparison, such as single-family detached houses and town houses or row houses where each housing unit (1) is separated from its neighbors by a ground-to-roof wall and (2) has no housing units constructed above or below. This industry includes general contractors responsible for the on-site assembly of modular and prefabricated houses. Single-family housing design-build firms and single-family construction commission firms acting as general contractors are included in this industry. (NAICS, 2008) Description of the Business Environment Problem Housing starts, are whizz of the most closely followed measures of construction activity. From 2002 2005 the housing construction industry was spurred by some of... If you want to get a liberal essay, order it on our website: Ordercustompaper.com
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