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You are trying to venture into a new international market where there are bid openings on several mega-projects. You plan to form a joint venture with a local company there. Since this is a new country where you have never had any operation before, you need to conduct a thorough study on the following aspects:
- Market (for future long term opportunities)
- Tradition and culture and its influence on your company's way of doing business
- Legal system
- Funding and Financing
- Preparing your team to work there
- Risk Analysis (Political, construction, legal, and any other risk that would affect your project)
Based on what you learned in your class "Global Management of Construction", do a thorough study on the India that you choose on different areas of global construction, including the ones listed above and write a report as part of your Term Paper.
Your banker agrees to provide $10,000 today to finance a new project. In return, they require a 12% annual compound rate of interest on their investment repayable in three year's time. How much cash must the project generate to break even? FV of $..
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Does a company have an ethical duty to find a balance between remaining profitable and paying all workers a decent living wage? Why or why not?
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