Question3

a. AnalyzewhySingapore'sconstructionindustryisconsideredamonopolistic competition market structure. (15marks)

b. ExplainTHREE(3)formsofmarketentrybasedonDunningEclecticParadigm OLI framework. (10marks)

Question4

a. Discuss the structure and application of the 7S McKinsey model and how is itrelevant for an architectural and engineering consultancy firm. (15marks)

b. Evaluate what are some risk management strategies contractors could adopt to ensure there will always be jobs. (10marks)

Question5

a. Discussthisstatement "Constructionindustryisunabletobuildacultureof learning from previous projects". (10marks)

b. EvaluatehowtheuseofIntegratedDigitalDeliveryadvocatedbyBuilding Construction Authority enhances the construction industry's productivity. (15marks)