PART- A INDUSTRY PROFILE PART-A INDUSTRIAL PROFILE |Indian Construction Industry is highly fragmented. There are mostly |[pic] | |unorganized players in the industry which work on the subcontracting basis. As| | |the construction activity being labour intensive‚ construction companies have | | |been mainly focusing
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CIPAA The Proposed Enactment of CONSTRUCTION INDUSTRY PAYMENT AND ADJUDICATION ACT (CIPAA) CIPAA Background The Government has long realized problems facing parties to construction contracts in securing regular and timely payment that impacts cash flow during project implementation. In ensuring the smooth implementation of construction projects‚ problems of this nature must be addressed especially at the onset of the 10th Malaysia Plan. On 15th July 2009‚ Cabinet has agreed that CIPAA
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Chapter – VIII GLOBALISATION AND INDIAN SMALL SCALE INDUSTRIAL SECTOR Globalisation means gradual integration of economies through free movement of goods‚ services and capital which has significant impact on the economies of both developed and developing countries. Therefore‚ globalisation refers to a process of growing economic interdependence among different countries of the world. Thus‚ in the globalised era‚ the whole world is changing into a global village in the sense that economic activities
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Globalisation and World Today globalization is essentially a synonym for global business. Globalization is changing the world we live in at a very increasingly rapid pace (Rodrik.‚ 1997). Changes in technology‚ communication‚ and transportation are opening up borders and markets at increasing rates. In any large city in any country‚ Japanese cars ply the streets‚ a mobile call can be enough to buy equities from a stock exchange half a world away‚ local businesses could not function without U.S.
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GLOBALISATION OF ENTERTAINMENT INDUSTRY IN INDIA INTRODUCTION TO GLOBALISATION(HSS F317) Submitted By: Submitted To: * Sankalp Bhatia Mr. T. Chakraborty * Tanish Anand Department of Humanities and Languages * Manas Lohani * Akshit Sandooja * Keshav Khanna ACKNOWLEDGEMENTS A comprehensive report always requires the goodwill‚ encouragement‚ guidance and support of many people. We would like to
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The Globalization of the Construction Industry “How has globalization impacted on the construction industry in terms of issues such as: structure‚ characteristics of the industry and individual firms‚ building cycles and forecasting the future direction of the overall economy and the construction industry in particular”. TABLE OF CONTENTS Page 1.0 Executive Summary 2.0 Introduction 3.0 Globalization 4.0 Structure 4.1 The Global Construction Industry 4.2 Issues Relating
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BUSINESS FAILURE IN CONSTRUCTION INDUSTRY By Roozbeh Kangari‚1 Member‚ ASCE Business failure is an extremely disruptive force in the construction industry. The chance of failure for a construction company has increased over the past 10 years. In the past five years‚ the average age of a construction company at failure has been declining. Construction companies must always be aware of the possibility of business failure. Constant monitoring of their financial condition through the use of financial
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Contents FACTORS OF CONFLICT AND DISPUTE IN CONSTRUCTION INDUSTRY 1.0 MAIN RESEARCH TITLE Factors of Conflict and Dispute in Construction Industry ABSTRACT Today‘s construction projects become more complex in nature. The complex‚ relational and lengthy process of designing and building makes construction a process in which disputes are virtually ensured. Furthermore‚ the involvement of multidisciplinary in the construction project also leads to conflicts among the parties. It
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Task 1 One of the significant contributor to climate change and other environmental threats is the construction sector. The construction industry has a major impact on our environment and our country cannot meet its environmental goals & objectives with substantially reducing the environmental impact of buildings and infrastructure. Thus‚ this sector needs to make an extensive and stringent shift in its practices in order to alleviate the impact of these threats. Hence‚ we have to change the way
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Adjudication in the Malaysian Construction Industry Background for the Research Adjudication is one of the alternative dispute resolution procedures for resolving disputes‚ which giving of a non-binding opinion at the request of a party or parties to a dispute‚ and either party may refer to arbitration at a later stage. In the Latham Report (1994) recommended‚ inter alia‚ adjudication as the standard first instance dispute resolution technique in construction contracts. In response‚ statutory-based
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