Question $3$

What does 'globalization' mean when referring to the construction industry?

It is "thinking native" by thoroughly understanding, and being sensitive to$,$ local cultures and

requirements

Planning and implementing strategies that can affect your company anywhere in the world

All of the above

Being competitive all of the time, all over the world

Question $4$

Which of the following best describes a short$-$term relationship between two or more

organizations for the purpose of sharing resources. All of the participants retain their original

identity and are joined only for the purpose of completing a specific project?

Alliances

Joint ventures

Partnering

Consortiums

Cooperation agreements