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But apart from these aspects I learnt that the construction business of today lacks many things. One such thing was that there are no truly professional construction firms that cater to the rather small scale construction of urban houses. The traditional "Thekedars" prevail in this market sector. These people usually have a team of un educated mistries and mazdoors. There is a severe lacking of application of planning and management procedures and practices. The dynamic nature of today's construction industry compels owners and contractors to pursue strategies that improve performance. The ongoing changes and fierce competition of the construction sector exacerbate the ability to predict implications of strategic decisions on company performance...
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