Business Faculty Publications

Title

Analyzing And Forecasting Global Business Markets: Reflections And Recommendations

Document Type

Article

Publication Date

6-14-2013

Publication Title

Periodica Polytechnica Social and Management Sciences

Keywords

B2B marketing; market research; Global/International Business

Disciplines

International Business | Marketing

Abstract

My goal in this article is to distill some key ideas I have learned over 50 years of analyzing and forecasting global markets that should be useful to academics as well as practitioners. The discussion moves from the general to the specific and back, o ers illustrations, and concludes with a few lessons and guidelines. Part 1 shows why a two-fold view of categorization is far too narrow in a complex world. Part 2 demonstrates that both academics and practitioners face three underlying challenges, namely topic choice, budgeting and procedure; then Part 3 reveals how to tackle these and related issues. In Part 4 the discussion traces the expanding scope of global market research and the key challenge of building consistent market analysis and forecasts in an age of information overload. Part 5 shows illustrative case studies drawn from books and monographs. Finally, Part 6 o ers lessons and guidelines. A bibliography and a short biography are provided.

DOI

10.3311/PPso.2153

Volume

21

Issue

1

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