Tag Archives: Business Research

Steel Industry – Analysis of Major Contributors of Manufacturing Output

In the year 2018, the world crude steel production reached 1808 million tons which is 7% more than that in 2017.  The finished steel production accounts for 1712 million tons in 2018 from 1587 million tons in 2017.  Details as given below;   China is the world's largest crude steel producer in 2018, followed by India, Japan, and the US.  The following figure depicts the total market share in Crude and finished steel as per the research report. India is the second-largest steel Read more [...]

Market Overview – Tourism And Hospitality Industry and Forecasted Growth of Industry.

Travel & Tourism to be one of the world’s largest sectors, supporting over 319 million jobs and generating 10.4% of global GDP in 2018, according to data from WNWTO.  The industry generates 122,891,000 jobs directly in 2018 and forecasted to grow by 2.2%.  It generates jobs related to hotels, travel, airlines and other passenger transport services.  As per Business Research the direct contribution of Travel & Tourism to global GDP in 2018 was $2,750.7bn (3.2% of GDP).  The industry Read more [...]

Importance of Chemical Industry in India and its Global Potential

Chemical Industry is a diversified sector, which covers around 80,000 commercial products.  The industry is classified into three segments such as basic chemicals, specialty chemicals, and Agrochemicals.  The chemical industry in India projected to reach $304 billion in 2025.  Total production of chemicals and petrochemicals was at 47,882,000 MT in 2017-18, 2.62% increase over 2016-17.  This industry employs more than 2million people.  The chemical industry in India is the largest consumer of Read more [...]

Influence of Demonetization in Growing Digital Payment in India

The digital payment industry in India is stepping into new phase post the demonetization in Nov 2016.  With increasing mobile internet users, progressive regulatory policies the digital payment methods are rapidly increasing among all types of consumers.  Any purchase of goods or services through digital mode using internet is known as Digital Payment.  The money is transferred and received online without physical interaction of hard-cash, cheque or demand draft. The market started to see growth Read more [...]

What is a Business plan? What are the Types of Business Plans and its Contents?

Business plan is a document that serves as a road map to give direction to any business enterprise.  Generally, it is a formal written document containing business goals, methods to achieve such goals.  It also includes the time frame within which these goals need to be achieved with proper definition of short term and long term goals.  It describes the nature of the business, background information of the organization, financial projections, and the strategies it intends to implement to achieve Read more [...]

Startups India – Updated PESTLE Analysis. Will the New Startups Announcements Become a Big Bang for Startup In India?

With the launching Prime Minister Narendra Modi's ambitious Start-Up India mission there is a need to perform PESTLE analysis to find out the impact of startup plans in the current startup eco system. PESTLE analysis is a business measurement tool to assess the overall macro environment of business.  PESTEL is acronym for Political, Economic, Social, Technological, Legal and Environmental.  It is a part of the external analysis while conducting market research, and it gives an overview of multiple Read more [...]

Comparison of Popular Online Survey Tools

Online surveys can be a huge help in understanding what your constituents think and how successful your programs are, without breaking your budget.  A number of low cost online tools provide easy interfaces for building surveys and viewing reports online.  These packages can be a great fit for smaller surveys where advanced question types, survey logic and results analysis are not required.  There are various sites for performing Online Survey.  Some of them are: SurveyMonkey SurveyGizmo Questionpro  Polldaddy  Limesurvey  eSurveyspro SurveyMonkey SurveyMonkey is Read more [...]

How to Enter Bills in QuickBooks 2012? Review on QuikcBooks Electronics Payment System – Bill Entry

QuickBooks is a business accounting software used to record credit and cash transactions in business accounting. Any expense incurring through a credit card is entered as banking/credit card expenses and cash transactions are recorded in the form of Bill. For reference purpose, we need to maintain the record of invoices and the client details. Let us take a closer look at how Bills are entered in this particular software. The bill entry process is easy, convenient and simple. The user has to first Read more [...]

Reasons behind Indian Rupee Depreciation against US Dollar – The Indian Rupee Currency Conversion

One of the most visible signs of a strong economy is a stable currency. Indian Rupee has been stable for most of the 2000s which gave an impression that all is well with the fast growing economy. However, it has depreciated significantly against the US Dollar in 2011. Very few financial experts have predicted this kind of a downfall for the Indian Rupee. It has lost more than 20% of its value in 2011. Rupee is trading close to Rs 54 to a US Dollar now. Indian Rupee is now one of the worst performing Read more [...]

Ten Years after 9/11 Terrorist Attack on Twin Towers? Did 9-11 influence economy / job / business?

On 9/11/2011 we will mark 10 years since the terrorist attacks in New York, Pennsylvania and Washington, D.C. Do you remember the moment you were informed about that incident? What all panicky thoughts had come to your mind? Which all TV channels you browsed through? Of course, there was no Facebook or Twitter to collaborate instantly. The destruction of physical assets was estimated in the national accounts to amount to $14 billion for private businesses, $1.5 billion for State and local government Read more [...]