Strategic analysis of the construction industry in Spain
| Autor: | Rodrigo Martín García, Julio González Arias |
|---|---|
| Jazyk: | English<br />Spanish; Castilian |
| Rok vydání: | 2011 |
| Předmět: | |
| Zdroj: | Management Letters/Cuadernos de Gestión, Vol 11, Iss 1, Pp 141-161 (2011) |
| Druh dokumentu: | article |
| ISSN: | 1131-6837 1988-2157 |
| Popis: | The construction sector has, in Spain, a remarkable importance, due to the contribution to GDP, around 10%, and employment (10%) and the wide business network it includes. The present economic situation and the residential market saturation have led to a sharp contraction in building activity, after a long period of growth.This is, therefore, a good time to perform a structural analysis to identify the determinants of profitability and assess the projection of the companies operating therein.This paper identifies the rules of competition and reasonable business expectations for coming years, using the Model of Five Competitive Forces. This analysis will show opportunities and difficulties for constructors as a tool in making decisions. The success of the strategy will depend on the management of strengths and capabilities, especially in times of change in the competitive environment. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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