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.
Nobody downloaded yet

Economics , applying Porter's Diamond to the construction industry - Essay Example

Comments (0)
The construction industry is a booming industry around the world and at present it is providing lots of opportunities to the leading construction companies for the growth of their business. The developing countries are attracting the leading construction companies with their…
Download full paper
Economics Essay, applying Porters Diamond to the construction industry
Read TextPreview

Extract of sample
Economics , applying Porter's Diamond to the construction industry

Download file to see previous pages... The work includes building of roads, bridges and other major infrastructures. The real estate business is also urban based; so the constructions companies need to base all their business activity in urban areas in order to compliment the real estate industry. The repair and maintenance of existing buildings and other infrastructures also falls under the domain of construction industry and its major business comes from the densely populated urban areas. This is due to the fact that the more usage of infrastructure in densely populated urban areas results in higher damages and hence is subject to repair. There are mainly three categories in which the construction industry is divided. First, being the heavy constructions that require high civil engineering; in this category we have the construction of roads, bridges and other big infrastructures. In this category the big guns of construction industry come into function for all major commitments. The second category is the general construction of buildings of real estate; in this category the construction companies operate in housing development works. The small construction companies mainly operate in this category, as it requires small budgetary involvements. The third and final category comprise of special constructive work, which is done in small scale. Specialized areas of construction fall in this category like the construction work on wood, electric related works, etc. In this category very specific construction companies operate as it require specialization in specific field of work. (Economy watch, n.d).
It is seen that the contractor may be an individual or any organization; contractors definitely fall in any of the above categories in construction business. A construction firm, of any size can fall under these three categories of the construction business. The scope of growth of construction industry is favorable in the developing countries where the trend of ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Porter's Industry Analysis
d there are newer products that are being launched every other day, apple is undoubtedly the present leader but things may change within no time. Dell, Hp and Lenovo give apple a run for its money when it comes to computer hardware. Media player and Windows operating system are the two main rivals of apple when it comes to playing music.
3 Pages(750 words)Case Study
Industry Economics
Name Institution Date Industry Economics Deadweight loss is the loss that is incurred due to the loss of monetary efficiency that occurs when the equilibrium of goods or services has not reached pareto optimality. It can also be said to occur when customers having more marginal benefits than costs do not purchase a product whereas the customers who incur more marginal costs than their marginal benefits are purchasing the goods (Cowling & Waterson, 2003).
3 Pages(750 words)Essay
Industry Economics Essay
The index ranges from a low of 0 to a high of 1. Both these digits indicate two extremes that are; perfect competition and monopoly. The index at 0 indicates that there is perfect competition in the market while the index at 1 indicates that there is monopoly in the market.
3 Pages(750 words)Essay
Construction Economics
The target area has old buildings which must be demolished for clearing and leveling of the land in preparation of the new construction to begin. The approval for planning from the Basingstoke Town authorities for the development of the three storey commercial block has been granted and the development shall spare a parking space adjacent to the building.
4 Pages(1000 words)Essay
The competitive advantage of the Country Singapore using Porter's Competitive advantage and the Diamond factors
In this paper, we find out that because of its present competitive advantage, of lower production cost, good network infrastructures, a good international port with access to different parts of the world, ample investment, and well thought out operations and information technology have given the country a greater leap forward.
11 Pages(2750 words)Essay
Construction Industry
This paper focuses on the issues pertaining to skill shortages and whether the construction industry has the capacity to complete the projects for the Olympic games in 2012. The first part of the paper discusses scale and impact of the 2012 Olympics on the construction industry.
5 Pages(1250 words)Essay
Construction Economics
There is no single entity that is large enough to control or dictate price, demand or supply. The behaviour and decisions of any competitor or customer does not affect the market. The market carries a homogeneous
12 Pages(3000 words)Essay
Luxury goods industry Porter's five forces model
In addition, customers in the industry are likely to have ‘higher expectations’ (Deloitte 2014, p.10) as of the quality of the luxury products; this trend also
2 Pages(500 words)Essay
Diamond Industry
The main diamond processing centers where diamond is evaluated cut and sold are in India, New York and Tel Aviv According to (Sullivan, 2001, p. 89). Unlike other precious metals like gold or platinum, gem diamonds do not trade as a commodity. However, there is a substantial
3 Pages(750 words)Essay
Porters Diamond
The Porter’s diamond provides a framework for the understanding of a nation’s position in the global competition. In his theory, he introduces a set of interconnected suppliers and industries in the concept of clusters. He explains the various factors for competitive advantage in his diamond framework.
1 Pages(250 words)Essay
Let us find you another Essay on topic Economics Essay, applying Porter's Diamond to the construction industry for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us