« previous next »

Author Question: What strategy do you suggest a construction company adopt when establishing a presence in a new ... (Read 8 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 are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Tattoos and Body Piercings: Note the presence of all body piercings Tattoos and Body Piercings: Note the presence of all body piercings
Polycystic kidney disease. Notice the presence of numerous fluid-filled sacs, or cysts, in these kid Polycystic kidney disease. Notice the presence of numerous fluid-filled sacs, or cysts, in these kid
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
A mammalian cell demonstrating the presence of mtDNA A mammalian cell demonstrating the presence of mtDNA
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library