Interaction of Business Construction Network in the Market of the Three Provinces in Central Southern Region

Chinasak Suwan achariya, Piyapong Chanpaso

Abstract


Research in interaction theory’s frame of network had showed relationship between contractors and employers in construction of residential buildings which needed to agree to support relationship relating to activities and benefits of mutual relationship. The results found that construction business Network’s relationship was based on risk in business cooperation and behavioral opportunism of constructors because lack of competition in markets. Moreover, this still was lack of thorough information for consumers to property cooperation with a kind of construction. One cooperation was not representative to relationship bond in markets of construction business network. Consumers therefore made a formal contract and hired foremen to be able to manage risk and construction of residential buildings according to standards. This situation was undeveloped to business network in the same target. Hence, consumers should developmental methods of contractor and outsource selection in construction business.

Full Text: PDF DOI: 10.5539/ass.v10n6p98

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Asian Social Science   ISSN 1911-2017 (Print)   ISSN 1911-2025 (Online)

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