Factors Influencing Competitive Advantage in Construction

International Business, Organizational
Management
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Contents
INTRODUCTION...........................................................................................................................3
QUESTION.....................................................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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INTRODUCTION
Organization management is based on the process that mainly used international business of
structuring, directing and planning the resources. In order to achieve the significant goals and
objectives. The report will discuss about the engineering and contraction businesses,
architectural or consulting enterprise that strive to achieve competitive advantage over
competitors. How it will seek to win the work on the project of construction. Furthermore, it will
describe about the factors that will create and influence competitive advantage for construction
contractors, engineering.
QUESTION
Engineering, construction enterprise, architectural and other consulting business strive to achieve
competitive advantage over competitors.
The engineering, construction enterprise, architectural and other consulting firm is highly
competitive in global marketplace. Their competitiveness is compounded where conflicting
objective among subcontractors, contractors which are mainly setting the different stages for
establishing the business relationship (Seriki and Murphy, 2019). Especially when clients those
from public sector which require evaluation parameter to complement its traditional focus on the
basis of price. It is also need for change in construction enterprise where implementing one or
more approach between constructing parties (Chen, Yin and Li, 2019). In another way, it will
require to identify the attitude of different stakeholder which providing constructed facilities in
project development. A strategic alliance relates to cooperative relationship between multiple
organizations that form as strategies.in this way, it helps for contributing to achieve their major
goals and objectives. The contractors, subcontractors are the most common phenomenon in the
construction enterprises. The construction-based project is carried out with the help of contractor
where they can perform different task in project development. It allows for enterprise to sublet
part and even most of work that they could themselves contracted to carry out. On the other
hand, it can be identified that 80% of total work value being performed by contractor in
conduction project.
Having identified the industry competition which are potentially successful generic
strategic to out perform other enterprise. The competitive tendering is another type of method
which help for securing contracted work, construction enterprise has reduced the overhead as
well as profit margin (Ecem Yildiz, Dikmen and Talat Birgonul, 2020). They also believed that
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