Market Research in Construction Quiz
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Questions and Answers

What does market research in construction mainly involve?

  • Interpreting data about project completion timelines
  • Gathering information about potential customers and market conditions (correct)
  • Analyzing the design and pricing of the project
  • Focusing on the construction process and materials used

    • Which aspect is NOT typically considered during a feasibility study in construction?

  • Environmental impact on the community
  • Potential success of the project
  • Government regulations affecting the project
  • Evaluating the preferences of the target market (correct)

    • In market research, why is understanding the competition important?

  • To ignore the competition's strategies
  • To underestimate the market size
  • To copy their weaknesses
  • To identify the strengths and weaknesses of competitors (correct)

    • What role do government regulations play in construction projects?

    <p>Affecting zoning laws and building codes</p> Signup and view all the answers

    What is the main goal of conducting a Feasibility Study according to the text?

    <p>To analyze the technical, financial, and economic factors of a project</p> Signup and view all the answers

    Which component involves evaluating the potential demand for a project and analyzing competition and market conditions?

    <p>Market Analysis</p> Signup and view all the answers

    What does the Evaluation of Required Capital factor consider in economic evaluation of risks?

    <p>Size of Proposed Venture</p> Signup and view all the answers

    In economic evaluation of risks, what does the factor Expected Market Price reflect?

    <p>Consumers' willingness to pay</p> Signup and view all the answers

    What does the Environmental Requirement factor deal with in economic evaluation of risks?

    <p>Compliance with new environmental regulations</p> Signup and view all the answers

    What is the main health concern related to the overuse of vibratory power tools in construction?

    <p>Hand Arm Vibration Syndrome</p> Signup and view all the answers

    Which of the following is a risk rather than a hazard in a construction setting?

    <p>Collapse</p> Signup and view all the answers

    What is the basic goal of Occupational Safety and Health (OSH) management in construction?

    <p>Ensuring Good Health Maintenance</p> Signup and view all the answers

    What are the types of hazards mentioned in the text?

    <p>Physical, Biological, Ergonomic, Chemical</p> Signup and view all the answers

    What is the last line of defense according to the text?

    <p>Personal Protective Equipment (PPE)</p> Signup and view all the answers

    What is considered one of the reasons for conducting an accident investigation?

    <p>To maintain awareness and convey the importance of safe work habits</p> Signup and view all the answers

    What is the first priority in managing an accident according to the text?

    <p>Care and treatment of the injured</p> Signup and view all the answers

    What are examples of immediate causes according to the text?

    <p>Improper lifting and use of PPE</p> Signup and view all the answers

    What are examples of basic causes mentioned in the text?

    <p>Inadequate leadership and purchasing</p> Signup and view all the answers

    When is fit testing for Personal Protective Equipment (PPE) required according to the text?

    <p>Before initial use, Annually thereafter, When facial features change</p> Signup and view all the answers

    What does RULE 1080 mandate regarding Personal Protective Equipment (PPE)?

    <p>Employers must provide replacement PPE if it is lost or intentionally damaged by employees</p> Signup and view all the answers

    What are considered some immediate causes of accidents based on the text?

    <p>Removal of safety devices &amp; improper lifting</p> Signup and view all the answers

    What is the primary goal of conducting an accident investigation as per the text?

    <p>To prevent recurrence and improve management program</p> Signup and view all the answers

    What are examples of basic causes mentioned in the text?

    <p>Inadequate leadership &amp; purchasing</p> Signup and view all the answers

    What does the acronym EKIS stand for in relation to hierarchy of control measures?

    <p>Engineering Knowledge Implementation System</p> Signup and view all the answers

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