SUPPOSE YOU ARE HEADING A BUSINESS UNIT IN INDIA WHICH ARE THE POINTS ABOUT STATISTICS YOU WILL KEEP IN MIND FOR DOING BUSINESS PROFITABLY. IN OTHER WORDS WHAT IS THE RELEVANCE OF BUSINESS STATISTICS IN YOUR VENTURE.
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AS A HEAD OF A BUSINESS UNIT IN INDIA FOLLOWING POINTS I WOULD KEEP IN MY MIND ABOUT STATISTICS FOR DOING BUSINESS PROFITABLY :
1. Successful Business Statistics
Statistics show up everywhere in business and it is important that they are acknowledged and, at least, partly understood to help manage your business successfully.
Statistics can be seen as an early warning system as they will always give you the cold truth if they are used properly and not with blind faith in your business processes from cash flow to a successful sales campaign.