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However, some of the smaller competitors focus on specific regions to keep costs low. Having an international presence makes it easier for a building company to gain a sustained competitive advantage. When the industry lags in one country it may be booming in another. In essence an international company has an effective way of hedging their investments around the world.
· Number of rivals
The industry has several major competitors seeking national and international markets, with many smaller companies trying to tap smaller local markets.
There is a growing trend of the smaller competitors being bought out by some of the larger companies in the industry...
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