An analysis of revenue growth expectations by senior level respondents reveals that 55% are ‘more optimistic’ about their company’s revenue growth in 2013. A significant percentage of senior level respondents highlighted capital expenditure towards new product development, employee training and IT infrastructure development. Senior level respondents identified ‘focus sales efforts on generating new business’, ‘trial new and innovative products in the market’ and ‘focus sales efforts on existing markets’ as key areas where companies intend to change strategies. A total of 21% of senior level respondents anticipate a minimum of 2% increase of their current workforce in 2013. Survey results show that, senior level respondents identified the US, Singapore, Taiwan and Hong Kong and Canada to offer the highest growth potential among developed countries in 2013-2014. For more information visit: Global Business Outlook Survey of Senior Executives 2013-2014
China, Brazil, India and the Middle East are the important emerging markets to offer growth in 2013. ‘Market uncertainty’, ‘responding to pricing pressure’ and ‘cost containment’ remain the leading business concerns for 2013. Overall, for 2013, the average size of the annual procurement budget identified by senior level executives across industries is projected at US$81 million, while the annual marketing budget is identified at US$2 million. ‘Level of service’, ‘price’ and ‘proven track record’ remains the leading business concerns across industries in 2013. ‘Competitor and market intelligence research’ and ‘customer intelligence and analytics’ were identified as the marketing and sales solutions most expected to be invested during 2013.
Spanning over 126 pages, 58 tables and 55 figures, “Global Business Outlook Survey of Senior Executives 2013-2014” report presents an in-depth assessment of global business outlook for 2013-2014.
In addition to covering the industry dynamics, growth outlook, threats, opportunites, buyer expenditure activity, procurement behaviours and strategies the report also presents comprehensive forecasts for the global markets for 2013-2014. The report features 66 key industry players including Royal Dutch Shell, Dendreon Corporation, Brasil Foods S.A., Midstates Petroleum, Covidien, Taiwan Taoyuan International Airport, Maersk Oil, UMN Pharma, Stryker Inc., Trauson, PETRONAS Brasil, Teddington, Arca Continental, Tetra Pak, Bolthouse Farms, Entry Point North, Fujitsu, AngloGold Ashanti, Sonoco Protective Solutions, GE Healthcare, Tingyi Holding, Abbot, Starbucks Coffee, Ball Corporation, Essar Power, Reliance Power, Samsung Elsectronics America, Amgen, Cargill, British Petroleum, Ridgemont Iron Ore Corp, Gemina, Gazprom, Baxter International Inc., Vemag, Comar, Blue Knight Energy Partners, Renova Energia, GE Oil and Gas, Siemens Energy, Dassault Systèmes, GE Aviation, Vancive Medical Technologies, PASSUR Aerospace, Colonial Grocers, Patties Foods, Kraft Foods, Vroozi, Inc., Aptuit, Varun Beverages International, Convergys, Amor Group, BCS Group, H.B. Fullera, DDA Medical, Super Supplements, IKA Group, General Electric, Bosch Packaging, AstraZeneca, Ommegang Brewery, Davpack, MCI Solutions, Liberty Power, Atlas Converting Equipment and OgilvyOne.
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