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Study | Business Research Method

   

Added on  2020-05-04

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Running head: BUSINESS RESEARCH METHODBusiness Research MethodStudent’s Name:University Name:Author Note
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1BUSINESS RESEARCH METHODExecutive SummaryThis particular study aims to look into the proceedings of a particular business. Itpresents a research on a particular domain of business. The study essentially covers the issuesfaced by the particular business that has been discussed and also lists down therecommendation or business values that has to be created in order to mitigate those risks. Anin depth research into the business is conducted so that a brief idea about the history and thedevelopment of business can be understood.The business that is chosen for the purpose of research is the gas industry in Australia.Initiative has been taken in order to get a brief idea about the proceedings of the gas industryin Australia. The issues faced by the business and the major players of the industry have alsobeen listed. Lastly values that aim to solve such issues have also been discussed in this study.
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2BUSINESS RESEARCH METHODTable of ContentsIntroduction................................................................................................................................3Description of business context.................................................................................................3An overview into the gas industry of Australia.....................................................................3The current issues in the gas industry....................................................................................5Values that should be created in order to mitigate the issues................................................7Conclusion..................................................................................................................................8References..................................................................................................................................9
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3BUSINESS RESEARCH METHODIntroductionThe industry or business that has been chosen for the purpose of research is the gasindustry in Australia. Moreover an insight into the Liquefied Natural Gas projects that form apart of the gas industry has also been discussed. The gas industry in Australia is the thirdlargest resource of energy in Australia after uranium and coal and has obtained a score of 7.5against a global median of 5.3. It has fetched enough revenue for Australia and has alsoreceived titles such as the golden age of gas in Australia. The gas industry also has a majorcontribution in the development of the LNG projects. This study dives deep into the historyof the gas industry in Australia and also focuses on the recent situation that prevails in theindustry.Description of business contextAn overview into the gas industry of AustraliaThe performance by the gas industry in Australia in the production phase has beenremarkable with a score of 7.4 above and has left behind the world’s best Iran. The countryconstitutes of two different sites for the production of oil and gas. One primarily is located inQueensland which is an onshore site and another offshore site is located in North WestWestern Australia. The oil and gas industry accounts for only 0.9% of the total globalproduction. The industry has been segregated in accordance to the purposes for which gas isutilized or the transformation of gas into other useful sources of energy. The four majorsectors in the gas industry are Liquefied Natural Gas sector; the sector that constitutes ofindustrial utilization of gas; the sector in which gas is converted into electricity or power; andthe sector that constitutes of residential utilization of gas.
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