« previous next »

Author Question: What strategy do you suggest a construction company adopt when establishing a presence in a new ... (Read 90 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 26, 2018
What strategy do you suggest a construction company adopt when establishing a presence in a new geographical area?
 
  What will be an ideal response?

Question 2

What are three external influences on business failure within the construction industry?
 
  What will be an ideal response?


rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 26, 2018
Answer to Question 1

A recommended strategy is either to undertake a series of small projects to learn the environment or to enter the market with a customer with whom the company is familiar.

Answer to Question 2

External influences that may impact business failures are prolonged economic recessions, loss of a major customer, new competition, and shortage of skilled labor.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Urinary tract infection. A UTI is characterized by fever, lumbar or abdominal pain, and pain or burn Urinary tract infection. A UTI is characterized by fever, lumbar or abdominal pain, and pain or burn
Using concept maps as a learning strategy Using concept maps as a learning strategy
Morris and Company, Sussex Rush-Seated Chairs. Morris and Company, Sussex Rush-Seated Chairs.
Strategy: Algorithms and Heuristics Strategy: Algorithms and Heuristics
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library