Fundamental and Technical Issues in International Construction Business
Verified
Added on  2023/01/12
|6
|1459
|36
AI Summary
This report discusses the fundamental and technical issues faced by construction contractors in expanding their business internationally, with a focus on Australia. It provides recommendations for overcoming these issues and operating successfully in the global construction market.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
INTERNATIONAL BUSINESS, ORGANISATIONAL MANAGEMENT
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Fundamental issues:....................................................................................................................3 Evaluation of the technical issues:..............................................................................................3 Recommendation:.......................................................................................................................4 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION Present report is based upon the engineering and construction contractors which carries the important rights in the construction business. As engineers play the active role in the business regarding providing design and carry the responsibility to manage the interest of employees at work place. Usually the construction business is mainly based on the technical drawing, maths, geometry and majorly the experiences which they attained before dealing in any such projects (Abdulai, Murphy and Thomas, 2019). This report carries the matters relating to expanding the business into Australia, which is also one of the leading construction countries. In this, the discussion is undertaken on the bases of examining the fundamental issues and also evaluating thetechnicalissueswhicharisesatworkplace.Further,itresultsinprovidingvarious recommendation to the company in respect of expanding the business overseas. MAIN BODY Fundamental issues: The construction business is mainly based upon the innovation and creative concept which is adapted by the engineer regarding retaining the customer needs for longer way. Thus, the issues which is raised in the construction enterprises is relating to the open and effective competitors in the business. As nowadays, customer are preferring more innovative ideas in the business and thus focus is on getting air, water and electricity through the natural sources. Thus, in such aspects, architecture and engineering are implementing such strategies to enhances the customer needs in better way (Bason, 2017). Australia has seen the drastic change in respect of their construction sector. Thus, issues raised regarding bringing new concept in the construction business. The another issues which is reflected is relating to maintaining committent at work place. As the major conflict is raised between the contractors and sub contractors to attain the task with the set norms. Thus, in respect of adapting the clear working polices and following all the norms, this issues can be overcome in better manner (Gwizdak and Kartalligil, 2019). The another issues which results in enhancing the competitive advantages in business is relating to the ethical behaviours. As business is covered with different culture employees thus, it is necessary to maintain ethics at work place by tratteing every employee in equal manner.
Evaluation of the technical issues: In respect of understanding the matters relating to technical factors which is undertaken by the construction contractor is relating to the carrying the adequate setting of camera or sensors. As this is the major aspects which is carried by the contractors regarding managing the employees at work place (Eze, Chinedu-Eze and Bello, 2019). Through this manner, they carry the continuous check on the employees and also contain records of their daily working. In respect of facing issues relating tonot working of the camera, they not track the employee records which results in not managing their day to day work in better way. The another technical issues which is faced by the contractor in relating to safety issues. As staff are attracted to such companies where they provide various safety equipment and also the policies which results in paying good compensation in respect of facing any losses or working in hazardous places (Daim and Faili, 2019). As the government of Australia are more pre-cured about the safety of the employees working at dangerous places. Thus, in such manner it results in bringing competitive advantages to UK contractors business regarding bringing more innovative scheme to retain the employees needs in better way. The major technical issues which is attaining in construction business is relating to adapting the green house construction procedure. Australia is mainly adapting this concept and thus, by these aspects, the issues is faced by the UK regarding enhancing such concept to retain the customer needs towards the construction business (Aslan and Kumar, 2019). But the issues in this aspect is relating to managing the water facility, as it requires lot of water to strength the surface and structure of the building. In context of evaluating the technical issues, machine break down is one of the major issues which is faced in the construction business. As Australia is dealing in innovative concept and thus they structure the building and complete the project before the set time period. In respect of UK, it results in facing competition regarding not bringing innovation in the machine or not advancing the technology to reduce the human efforts (Leow and Mao, 2017). Through this manner, if the construction contractor adapts the latest technology to fulfil the needs of the staff towards providing the innovative machines, it results in gaining major advantages to the business.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Recommendation: By viewing the above matters which results in enhancing the construction business to operate the business internationally is relating to: ï‚·Providing the safety equipment to the employees. As engineer nowadays are majorly focusing on designing the building with the new concepts, thus lot of safety issues occurs at work places and also they are putting their lives in danger (Competitiveness in construction: a critical review of research,2020). Thus, adequate compensation and safety equipment are provided to secure their life in better way. ï‚·Another factors to be recommended is relating to providing the outside training session. As the engineer and contractor mainly examine the new trends through meeting new people or viewing their innovative ideas to prepare the building. Thus, in such manner by interacting with them or applying their concept in creative manner, results in gaining more advantages to them. ï‚·The another factors is to be recommended is relating to capturing the employees working through the VR procedure. It results in keeping the workers safe and also monitoring their activities through gaining longer term advantages in business (Misopoulos and et.al., 2019). CONCLUSION From the above study, the report concludes the matters relating to examining various factors which results in sustaining the position of the construction business in market. Engineer carry they duty to use the geometry and maths to prepares the design which is as per the needs and demands of the customers. The responsibility of the construction contracts is to assign the day to day task so that they manage the employees work in right manner. By examining the various recommendation points, it helps the business to operate globally with high ratio of success in construction business.
REFERENCES Books and Journals Abdulai, A. F., Murphy, L. and Thomas, B., 2019. University knowledge transfer and innovation performance in firms: The Ghanaian experience.International Journal Of Innovation Management.p.2050023. Aslan, H. and Kumar, P., 2019, July. Globalization, Competition and Entrepreneurial Activity: Theory and Evidence from US Households. InWFA 2018 Meeting Paper. Bason, C., 2017.Leading public design: Discovering human-centred governance. Policy Press. Daim, T. U. and Faili, Z., 2019.Industry 4.0 Value Roadmap: Integrating Technology and Market Dynamics for Strategy, Innovation and Operations. Springer Nature. Eze, S. C., Chinedu-Eze, V. C. and Bello, A. O., 2019. Determinants of dynamic process of emerging ICT adoption in SMEs–actor network theory perspective.Journal of Science and Technology Policy Management. Gwizdak, E. and Kartalligil, D., 2019. Leadership ideals and values conveyed by business schools to students. Leow, Y. S. and Mao, X., 2017. Forecasting Corporate Business Failure with an Innovative Model: An Application on UK Construction Companies.Available at SSRN 3022168. Misopoulos, F. and et.al., 2019. Environmental and Social Sustainability in UK Construction Industry: a Systematic.European Journal of Economics and Business Studies.p.100. Online: Competitivenessin construction:a criticalreviewof research. 2020.[Online].Available through:<https://www.tandfonline.com/doi/abs/10.1080/01446190701258039? src=recsys&journalCode=rcme20>.