Business Library News
William C. Gast Business Library News & Events
You've heard of IBISWorld for industry research, but have you heard of ProcurementIQ?
ProcurementIQ is a division of IBISWorld that helps purchasing professionals and supply chain researchers gain valuable insight into almost any product or service category.
Procurement research reports provide essential data on topics like pricing dynamics, product characteristics, supplier benchmarking, supply chain risks, and negotiation questions and tactics.
Similar to other Gast Business Library resources, ProcurementIQ also provides independent data and analysis from trusted...Continue reading "ProcurementIQ for Supply Chain"...
Formatting citations in a style like APA is a standardized means of giving credit to the person or company who created the content you use. If you've written an academic paper, or even a case study, you've probably been asked to cite your sources.
The citation style usually depends on the academic discipline involved. For example:MLA style (Modern Language Association) is typically used by the Humanities APA style (American Psychological Association) is commonly used by Education, Psychology, and Business Chicago (University of Chicago) is generally used by History and some... Continue reading "Citing Business Information"...
If you're an entrepreneur, you've probably heard of PrivCo.
PrivCo is often considered the authority on private company financial data. The database provides coverage on more than 940,000 privately held firms, 19,000 investors, and 154,000 funding rounds, and it's one of over 100 databases that the Gast Business Library subscribes to.
Recently, PrivCo added an additional 100,000 executive contacts! They've also improved export functionality within the database, and they're continuing to add and iterate private market content for researchers, entrepreneurs, and anyone who may...Continue reading "The Bloomberg of Private Companies"...
According to Forrester Research, Business Intelligence is "A set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information…”
One resource which transforms raw data into meaningful information is called Passport GMID.
Passport GMID provides information on countries, companies, markets and consumers. It provides comparable statistics for more than 200 countries, including economic indicators, health, consumer spending, lifestyles, and more.
This MSU Libraries database also provides valuable brand share...Continue reading "Brands in the World"...
Home to just over 10 million people, Michigan’s 14 metropolitan regions are supported by a host of industries, including construction in Kalamazoo, information technologies in Ann Arbor, and financial services in Detroit.
How good is Michigan for business though?
According to a 2018 study from CNBC, Michigan ranks 11th out of all 50 states for business, and 3rd for technology and innovation. The fastest growing careers in the Great Lakes State include: Health Specialties Teachers (+25.4%), Physician’s Assistants (+30%), Software App Developers (+31%), and Nurse Practitioners...Continue reading "Michigan for Business"...
Been on a plane lately?
Last month, Mintel Academic released it's 2018 - Airlines in the US Report.
According to Mintel, "The surging price of [airline] fuel is impacting profit margins and encouraging airlines to raise fares."
Although there are currently over 5000 airlines with ICAO codes, there are just four domestic airlines which control roughly 72% of the U.S. market for air travel. American Airlines, now the world's largest airline, says that its fuel is "about 25% more expensive compared with the prior year, an increase that has added $412 million to its costs...Continue reading "New Mintel Reports"...
The emergence and rise of the internet and adaptive technologies have dramatically changed the environment in which businesses and consumers coexist. This year’s undergraduate initiatives at the Broad College will largely revolve around supporting initiatives which prepare students for the new digital economy.
“By 2020, the number of devices connected to the internet could surpass 50 billion. That’s seven devices for every human."– Bertelsmann Foundation
“In 2015, worldwide 12 zetabytes of data was created globally. The number is forecast to reach 163 zetabytes in 2025.”–...Continue reading "The New Digital Economy"...
William C. Gast was a compassionate businessman who believed in bringing the high ideals he lived by to the family-run business he managed for more than 40 years. A leader in the southwestern Michigan business community, Mr. Gast led his company to prosperity by following the simple tenets of life's most basic rule - treat others as you might hope to be treated.
Mr. Gast was a student at Michigan State University when, in 1925, his father called him home to help oversee the family's growing manufacturing business. Mr. Gast would eventually see the company through 40 years of...Continue reading "Do you know where the Gast Business Library gets its name?"...
Get ahead now so you don’t fall behind later! MSUFCU has created an app Financial 4.0 that will help you with your financial journey. The app features financial calculators, budget trackers, and the opportunity to chat with an expert. Check out the website and download the app today!
Take this quiz to find out how much you know about credit reports!
With the success of recent podcasts such as NPR’s Serial, it appears this medium has finally hit its stride and is finally delivering on its earlier promise. People are increasingly listening to podcasts and they can also be valuable as an educational tool. With their rising popularity, there is a podcast for everyone’s taste. Business Insider recently released an article titled “17 Podcasts That Will Make You Smarter.” This list includes Ira Glass’ wildly popular “This American Life”, “Freakanomics Radio”, based on the New York Times Bestselling book Freakanomics, and “WTF” a podcast...Continue reading "Get Smarter with Podcasts"...