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03

Globalisation

   
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Title: Globalisation
 
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Subject: Business
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Date: April 28, 1999
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Length: 18 / 4915
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It has also become apparent that skilled project management services have become crucial but the industry is unable to fund the retention of the required skill. Though often debated, experience has highlighted that the Australian construction industry has cost of construction costs closely related to the South African industry on a unit to unit basis...
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This implies that while local cost structures will not yield significantly higher returns on a unit basis, profit earned in Australian Dollars will be significantly higher than those earned in South African Rands when returned to the South African company due to the increased value of the currency...
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