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Four main factors of production as applied to a typical project in the construction industry?
The four main factors of production as applied to a typical project in the construction industry include:
· land as the capital cost of purchase
· labour as the human resource to build the project,
· capital as the finance required to invest in the project
· entrepreneur as the owner of the company providing the inspiration to complete the project
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What are the environmental factors affecting textile industry in India?
Following are the external factors that affect the textile industry of India: 1. Legal factors 2. Political factors. 3. Technology 4. Government Intervention
What is meant by strong industrial growth?
Strong industrial growth means expanding the factors of production, which is input of the industrial which results in the expand of output. The four factors of production are: enterprise, labour, land, and capital
What is difference between company analysis and industry analysis?
An Industry analysis focuses on the industry itself and not the business. An industry analysis is based on external factors on an industry and is often deals with analyzing a task environment. Porter's analysis is often used for an industry analysis. For a company analysis you deal with inside strengths. weaknesses, opportunities and threats of your business. A company analysis focuses on internal analysis of the company.
What are the factors affecting secondary industry's?
Basically- things like exports and imports Raw material how far it is from the river This all needs a good view in the industrial perspective.
What is the construction cost per square foot of industrial buildings in India?
The Average construction cost for industrial building is as follows for year 2013 Basement 1100 per sq ft. Ground floor 900 per sq ft. F.F and above 850 per sq ft. Regards Gaurav Chadha
What is construction accounting?
Construction accounting is simply methods of accounting and finance applied the construction industry. Lots of factors have to be taken into account including labor costs, supplies, equipment etc.
How did the factors of production help European governments to establish industry?
How did the factors of production help european governments to establish industry?
What factors affect the single-family home construction industry?
single-family home construction industry is extremely susceptible to changes in economic factors and financial markets.
What are the factors affecting food industry?
factors increasing production of a product in industries
What are some factors of production in the automotive industry?
There are so many factors of production in the automotive industry. Some of them include market demand, availability of resources, human resource, cost of production and so much more.
Who controls the factors of production in a market economy?
distribution and industry are Private_propertyOwnershipand operated for a private Profit_(economics)
What are factors of production name any four factors of production.?
Factors of production
What is the average salary for an applied math major?
The average salary for an applied math major is around 70,000 to 90,000 per year, depending on factors such as experience, location, and industry.
What is the weaknesses of construction industry?
Some of the weaknesses of the construction industry include: Lack of skilled labor: There is often a shortage of skilled workers in the construction industry, leading to delays in projects and increased costs. Cost overruns: Construction projects are prone to cost overruns due to factors such as unforeseen delays, changes in design, and material price fluctuations. Fragmented and competitive market: The construction industry is highly fragmented, with numerous small players, resulting in intense competition and slim profit margins for many firms.
What are the factors affecting labor productivity in Nigerian construction industry?
lack of motivation inclement weather poor communication unfair wages
What are the factors that affect the supply?
There are many factors that affect labor supply. In most cases, this will be determined by the wage rate of the particular industry and the production level expected among other factors.
What environmental factors affect banking industry?
competitors, customers, techniques of production, suppliers, stock market, raw materials.
