Podcast
Questions and Answers
What kind of firms are included in the architectural profession?
What kind of firms are included in the architectural profession?
- Firms with multiple offices
- Country-wide firms
- Internationally operating firms
- All of the above (correct)
What is one way in which smaller firms collaborate on larger projects?
What is one way in which smaller firms collaborate on larger projects?
- To gain expertise for large contracts (correct)
- Through the use of multinational resource pools
- To compete against local firms
- By forming joint ventures with larger firms only
What challenges does globalization present to architects?
What challenges does globalization present to architects?
- Adapting to different markets only
- Coping with different cultures, political environments, and regulations (correct)
- Improving building construction standards
- Dealing with increased competition from local firms
How do multinational resource pools help in executing projects?
How do multinational resource pools help in executing projects?
Why do smaller firms sometimes form joint ventures?
Why do smaller firms sometimes form joint ventures?
What is one impact of globalization on architects?
What is one impact of globalization on architects?
In which scenarios might architects need to adapt to different regulations?
In which scenarios might architects need to adapt to different regulations?
What is a key reason why firms may form joint ventures?
What is a key reason why firms may form joint ventures?
What is an important factor to consider for architects working globally?
What is an important factor to consider for architects working globally?
How do joint ventures help small firms compete with larger firms?
How do joint ventures help small firms compete with larger firms?
Smaller architectural firms mostly rely on internal resources to bid on larger contracts.
Smaller architectural firms mostly rely on internal resources to bid on larger contracts.
Joint-venture arrangements are mainly used by multinational firms in the architectural profession.
Joint-venture arrangements are mainly used by multinational firms in the architectural profession.
Architects working on global projects do not need to consider different regulations.
Architects working on global projects do not need to consider different regulations.
Globalization in the architectural field only brings benefits and no challenges.
Globalization in the architectural field only brings benefits and no challenges.
Multinational resource pools are not a common practice in the architectural profession.
Multinational resource pools are not a common practice in the architectural profession.