Inflationii Tuluw Baidliin Tailan 2015-06 r Sar

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Balanced Scorecard Usage and Performance of Hotels: A Studyfrom the Tourist State of Uttarakhand, India

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  • 1

    I.

    II. II.1

    II.2 ,

    III. III.1 III.1.1 , III.1.2 ,

    III.2 , III.2.1 III.2.2

    III.2.3 ,

    III.3 III.3.1 III.3.2 ,

    III.4 , III.4.1 , III.4.2

    III.4.3

    III.4.4

    :

    III.5 III.5.1 III.5.2 ,

    III.5.3

    III.6 III.6.1 III.6.2

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    I.

    2014

    2015

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    II.

    II.1 1

    2015 , . .

    , 2015 I , 2 . 2015 1.3%- 1.4% - 6.9%- 6.8% , - -2.8%- -3.8% . - 2015 , , . - 2015 2%- , , , , 2017 . 2015 , , , .

    II.1.1

    ...

    1 , Roubini Global Economics- 2015 5

    , EIU- 5 , Bloomberg- , IMF-WEO- 4 , . , . 2

    .

    4

    5

    6

    7

    8

    9

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    11

    12

    4

    5

    6

    7

    8

    9

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    11

    12

    2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

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    2015 4 62.8%- , 200 8 5.3%- . - 5-5.2% 2015 9 . , - , 2%- 9 .

    . 2015 , . 2015 .

    , , 2015 1 2015 478$- 6011$/, 4$- 62$/, 4$- 117$/ . 2015 1201$- . , 2$- 56$- .

    II.1.2

    2015 III ...

    II.1.3

    2016 I ...

    - 0.8%- .

    0.25 0.25

    0.75

    1.3

    0

    0.5

    1

    1.5

    I2014

    II III IV I2015

    II* III* IV* I2016

    II*

    -30%

    -25%

    -20%

    -15%

    -10%

    -5%

    0%

    5%

    10%

    15%

    20%

    -30%

    -25%

    -20%

    -15%

    -10%

    -5%

    0%

    5%

    10%

    15%

    20%

    I

    2012

    II III IV I

    2013

    II III IV I

    2014

    II III IV I

    2015

    II III IV I

    2016

    II III IV

    . 5

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    II.2 ,

    . . - . . . .

    2014 2015

    . : , , .

    2015 . , . . , , .

    . .

    II.2.1

    -

    2016 . 2016 . .

  • 8

    2015 , 2016 . 2015 2016 .

    2015 . , , 2015 .

    2015 . , , . . .

    2016 .

    II.2.2

    , . , , 2015 .

    .

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    , . :

    1. . . . , . . , . .

    2. , . .

    3. . . : 2 . . : , .

    4. , , .

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    III.

    III.1

    III.1.1 ,

    2015

    -

    2015 7

    . 2015 1

    8.8

    1.8

    .

    1

    .

    : 1) , . 2) 3 . 3) 2014 7 31- 1.5 .

    , , , 1.1 . , . , . .

    III.1.1.1

    2015 2 ...

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    III.1.1.2

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    : ,

    III.1.1.3 -

    : ,

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    III.1.2 ,

    2015 1 1.5 0.5 . 2015 1 2014 0.16 0.51 . 2014 2 , . 2014 , ( ) . , , 2015 .

    2015 I 8.8 3.1 , 1.9 . 3 2015 11.9 0.7 . . : 1) , , 1 , 2) 1 2014 3 , .

    2015 1 , -1.04, 2.06, , 1.13, 0.02, , ( ) 6.71 . , 1.14, 0.44, , 0.16, 0.05, , 1.10 .

    III.1.2.1

    1.5 ...4

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    III.1.2.2

    ... ...5

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    III.1.2.3

    2015 ...6

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    3 37 , .

    4 .

    5 .

    6 .

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    , , .

    2015 1 -12.0 1 18.2 , 9.7 . 2014 7 2015 3 4 . 4 2.7 . 2 , ( II.1.2.4).

    , 2 . 3.0 1 24.0 , 4 11.7 . 2015 3 -1.0 . 2014 2 , 2 .

    2015 6.9 2014 2.3 , 4 3.4 . 2015 1 3 ( III.1.2.6).

    III.1.2.4

    ...

    : ,

    III.1.2.5

    , ...

    : ,

    III.1.2.6

    ...

    : ,

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    III.2

    III.2.1

    2015 1 4.4 . , .

    : 2015 1 3.4 . 1 - 2.3 . , .

    2012 . , ( III.2.1.2). 2012 .

    . 2012 . 2015 1 22.7 . 2015 1 9.6 , ( III.2.1.3).

    III.2.1.1

    ... 2014 ...

    :

    III.2.1.2

    ...

    : , * 4-

    III.2.1.3

    :

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    : 2015 1 0.3 -0.04 .

    2014 2- 2015 . . . 2015 1 95 85 .

    2014 1 93.3 (1228.5 ), 69.7 (1373.0 ) , 144.6 .

    5 . , .7

    ()- 2015 61.6 22.7

    III.2.1.4

    :

    III.2.1.1

    2014 - 3.7 ...

    : ,

    III.2.1.5

    ( )

    :

    7 2013-2014 3538 2262 ,

    5682 2898 .

    2012 2013 2014 2015Q1

    87 47 -78 2

    4865 5881 6223 1229

    6117 6178 7031 1373

    -1252 -297 -808 -145

    16688 19118 21884

    -

    0.5% 0.2% -0.4%

    29.2% 30.8% 28.4%

    36.7% 32.3% 32.1%

    -7.5% -1.6% -3.7%

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    8. : 1) -73.4 . , 2) . . 2015 1 9. .

    5 .

    , 206.5 . , 2015 1 24.9 . , 1187.6 . , 163 . 7 . 46.7 . 68.5 .

    , , . 2015 1 . , 10 2015 1 981 , 396.1 . 28.8 .

    III.2.1.6

    2013 ( .)

    :

    III.2.1.7

    2 ,

    :

    8 2014 33.5 ,

    18.4 . 9 1 -7

    . 10

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    III.2.2.

    2015 4.4 . 3.3 , 1.1 . 13.8 6 1.5 ( III.2.2.1). - 9.4 4.5 .

    11 2.3 , 0.6 , 0.4 . , , , , , , 0.1-0.3 . 0.9 , 1.9 ( III.2.2.1).

    2 . , , . 130.9 27.2 . , ( III.2.2.2).

    8.7 , .

    , 11.1 .

    III.2.2.1

    - ,

    :

    III.2.2.1

    /2015Q1- /

    *

    :

    III.2.2.2

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    , 2015 1 . 2014 1.0

    11

    , , , , , , , , , , .

    4.4 7.8

    13.8

    24.2

    1.5 3.6

    0.0

    10.0

    20.0

    30.0

    40.0

    I II III IV I II III IV I

    2013 2014 2015 ^ 2011 2012 2013 2014

    -

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    31.8 . , , .

    , 2015 34.3 32.4 1.2 .

    2014 7.6 14.8 . , , , .

    III.2.3 ,

    2013 2012 . 12- 2015 6 ( III.2.3.1).

    2013-2014 , . 2013 .

    2013 .

    2012 2014 , . 2014 2015 ( III.2.3.2).

    III.2.3.1

    III.2.3.2

    / /

    12

    1) HP , 2) 3) , 3- .

    0.0

    2.0

    4.0

    6.0

    8.0

    10.0

    12.0

    14.0

    16.0

    I/07 I/08 I/09 I/10 I/11 I/12 I/13 I/14 I/15

    HP

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    0.0

    2.0

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    I/05 I/06 I/07 I/08 I/09 I/10 I/11 I/12 I/13 I/14 I/15

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    III.3

    III.3.1

    , - , . 2015 1 6.2 . , . , , , , . , -26.6% (10987 ), -4.3% (3564 ), -23.1% (4910 )- . 12.6% (3.5 ), 6.1% (2.2 )- .

    . 2015 1 . - , (34087-) . 1- 0.2 61.5 . (20100 ) .

    . , . , 2014 1 0.6 , 4 1.4 .

    III.3.1.1

    ...

    :

    III.3.1.1

    :

    III.3.2.1

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    III.3.2 ,

    2015 1 1.4%-13 851400 . , 27.8%, 20.7%, 26.1%, 22.3%- 4.3%, 8.3%, 5.2%, 5.5%, 2.1%- . ( III.3.2.1- ) 2010 .

    2015 1 0.3%- , 3 . , . 14 4 .

    2015 6 6 , 2009 .

    ...

    : ,

    III.3.2.2

    ...

    : ,

    III.3.2.3

    , ...

    :

    13 ( 0.9%). 14 2010 .

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    III.4 ,

    III.4.1 ,

    , 2014 1 . 2015 8 2 8 .

    2 2015 1 0.4 , 6.8 . , .

    , 1 . 1 2015 1 17.1 , 20.7 .

    , .

    15 5 56 8 .

    , 16 .

    3 , 2015 1 6.1 . 31 8 10.4 , 8

    III.4.1.1

    ...

    :

    III.4.1.1

    : ,

    :

    III.4.1.2

    ...

    :

    15* . 16 .

    -40

    -20

    0

    20

    40

    60

    80

    I II III IV I II III IV I

    2013 2014 2015

    2 M1

    2012 2013 2014 2015Q1

    4402 934 -1702 -3048

    3215 8527 12338 12957

    /2/ 7617 9461 10636 9908

    M1 1835 2093 1817 1440

    603 582 499 391

    , 1232 1511 1317 1049

    5782 7368 8819 8469

    , 3488 4917 5410 5188

    , S 1435 1476 1970 2191

    , $ 859 974 1439 1090

    -100%

    0%

    100%

    200%

    0%

    50%

    100%

    I II III IV I II III IV I

    2013 2014 2015

    * ,

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    47 -16.8 . 8 , ( ).

    , . 2 , , .

    2014 . 2015 1 1 6 , 3 5 . .

    2015 1 1 4 , 3 5 .

    III.4.1.3

    ...

    :

    III.4.1.4

    ...

    :

    -30%

    20%

    70%

    120%

    170%

    I II III IV I II III IV I

    2013 2014 2015

    0%

    10%

    I II III IV I II III IV I

    2013 2014 2015

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    III.4.2

    ,

    () .

    2015 1 1.0 13.0 . 2 . - - . - 2015 1 470.3 - , 22.6 .

    ()- . 2015 1 12 - 15.2 2.2 . - 6 . , .

    15-16 . 3 12.0-13.0 ( III.4.2.2- ) 2015 1 17.6 , 4 18.6 . 4 5.7 . , , . 2015 , , , .

    III.4.2.1

    ...

    :

    III.4.2.2

    -

    :

    III.4.2.3

    :

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    III.4.3

    .

    . 2015 1 43 127 . , . . , .

    , , 2015 1 1 . 2015 1 13.0 - , .

    2015 1 , 9.2 . . - (15.2 ) (6.0 ) . . , 17 (15-

    III.4.3.1

    .

    :

    III.4.3.2

    ...

    : ,

    III.4.3.3

    ...

    :

    17

    6 2013 2014 1 15 2014 4 5.4

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    16)%- .

    , , - 41 , , , .

    III.4.4

    ()- 2015 1 0.04 . - 4.7 . 3- , 2015 1 7.4 . , .

    - , - 2013 . , 2014 . 1 . - 2014 , . 3- . , .

    , . 2015 4 -20 13113.7 11.6 . 2015 4 1.3 11.2

    III.4.4.1

    ...

    : ,

    III.4.4.2

    ...

    : ,

    . 2000 6 2 .

  • 25

    . -20 4 16.9 19.9 . -20 8 , 9 .

    8 () 2013 12 4- . 8 , 90 . 2015 3 1.32 - , 90 1.19 . 2015 1 0.45 - .

    III.4.4.3

    -20 ...

    :

    III.4.4.1

    2015 1 0.45 ...

    :

    :

    8%- 2013 6 2015 3 4.0 2.4 . 1.6 18. , .

    18

    . , 2013 23% .

    ( )

    1 2013 12 23 322 901.700

    2 2014 7 8 222 051.700

    3 2014 11 7 324 595.800

    4 2015 1 30 452 278.100

    1 321 827.300

  • 26

    8%- ,

    -

    8%- , 4.0 . , , . 2 42.819 2012-2014 2010-2011 35%- 180 . .

    8% , 5 (15- 20 ) , , 20. 21 2 30 22 , . , 30%- ( 57%) , , 30%- ,

    19 20 15- 20 , 16.6%- 8% 49 740.3 409.9 1645.0 910.8 . 21 - 6.5 2013 420 . 22 2007-2012 13 .

  • 27

    23. .

    8 . , , . ( ) . . 70 . - 30.5% (25-35)%-, 41.2% (35-45)%- - / . / , . , 2015 1 1049.6 , 460.6 24 44%- . .

    30%- . , . , 2014 2009 50 48%-30% .

    . , - .

    , , / 2015 30 . , . , , .

    23

    49 63.7 , 21 27.3 , 409.9 532.8 , 910.8 1184.0 . 24

    : 45.3 , 184.2 , 2015 3 9.2% .

  • 28

    III.5

    2015 1 92%- 43.4 . 133%- 126.7 . 271.1 . . , -101.0 . .

    III.5.1

    , 183.6 . . , 371.3 ., 202.6 . .

    9%- 90.1 . , 31%- 281.2 . . , 42%- 65.8 ., 29%- 23.3 ., , 32%- 64.9 . 47%- 163.0 . .

    , , . 23%- 67.6 ., 41%- 142.3 ., 32%- 74.7 . .

    III.5.1.1

    III.5.1.2

    III.5.1.3

  • 29

    2015 1 , 35%- 202.2 . 202.6 . . 48.0 ., 137.7 . .

    , , , , , , 52%- 78.7 . 40%- , 239.8 . . 71%- , 12.8 . .

    III.5.2 ,

    2015 1 18.4 . 23%- .

    2015 1 145.1 . 140%- 506.2 . 390.5 ., 392.5 . 277.2 . ( III.5.2.1).

    III.5.1.4

    III.5.1.5

    III.5.2.1

    2015 1- -

  • 30

    140%- , -111.3 . , ( III.5.2.2).

    2015 1 , 8.5 . ( III.5.2.3).

    2015 1 92%- , 25.1 . , 205.0 . .

    271.1 . 1,324.0 . , 20%-, 32%- . 3 6.6 3 ( II.5.3.4).

    III.5.2.2

    2015 1- -111.3 .

    III.5.2.3

    2015 1- 8.5 .

    III.5.2.4

    2015 1- 326.0 .

  • 31

    III.5.3

    2015 1 17%- . 25%-, 9%- .

    19%-, 15%-, 53%-, 48%- .

    40%-, , , , 22%- .

    III.5.3.1

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    III.6

    2015 , , - . , . , . , , - . - , , .

    . , OPEC- , - , - .

    III.6.1

    -

    2014 7.5%, 2015 7% . 2014 7.3%-, 2015 7%- . - , . , , , . : 2014 1 16.8%, 17.6%- 2015 1 8.5%, 13.6% . , .

    2014 - , 2014 11 2015

    III.6.1.1

    - , / /

    7.47.5

    7.3 7.3

    7.0

    6.5

    7

    7.5

    8

    2013 II III IV 2014 II III IV 2015

  • 33

    3 2 0.65 , - 0.5 . 2015 1.4%- , 4.6%- , - , , 7%- 2015 4 - 1 , 5 0.25 . 150%- 0.37 .

    -

    - 2015 1 1.9%- , 3 16.9%- . , , , , .

    ; 2-4 , - ; 1 23.5 . . , , 2 . , 4 13%- . , - 2015 3 12.5%- , 4 . , . 50-55- , ,

    III.6.1.2

    - .

    1.0 1.0

    0.6

    0.1

    -1.9

    -2

    -1

    0

    1

    2

    2013 II III IV 2014 II III IV 2015

  • 34

    . - , .

    -

    - 2014 2.2% ( )- 2015 0.2%- , . , . , . - 3 -0.1%- , 3 3.3%25- . 2014 .

    2015 4 5.4%- , , , 2009 2015 2 .

    2014 0.9%- 2015 1%- . 1.1 Quantitative Easing /QE/ , , , . 2015 , - 3%- , - 1.5%- , . , - 0.5%-

    III.6.1.3

    - 2015 I ...

    III.6.1.4

    .

    25

    2015 1, 2 4.3%, 3.9%- .

    1.6

    2.1

    1.7

    0.7

    -0.1

    -0.5

    0.5

    1.5

    2.5

    2013 II III IV 2014 II III IV 2015

    1.1

    0.8 0.80.9

    1.0

    -1.5

    -0.5

    0.5

    1.5

    2013 II III IV 2014 II III IV 2015

  • 35

    , , 0.5%- 0.25% . , 2015 3 60 QE 2016 9 1.1 . , . 3 -0.1%- 4 0%- , 2013 2 .

    , 0.6%, 0.3%- 0.3%- 0.1 . , . 4.7%- . 3 11.3% .

  • 36

    III.6.2

    : . 2014 12 6446$/ 2015 2 2 5729$- 3, 4 6042$-, 4 6364$- . 2 3 - .

    : 2014 1190$ , quantitative easing 1 1300$- . , - . 4 1198$- .

    : EIU- 2004-13 4%- 2014 0.9%- 1999 . 2015 1 26 4 39%- . 2014 66.1$/ 2015 4 58$/- .

    : , 2014 57 , 16 2015 1 37 , 11 . 2015 1 117$/ 2 109.5$/- , - 26 10-40 .

    : 2014 12 OPEC- 1 2014 108$- 62.3$-, 2015 1 45$- . OECD , - , . 2015 2-4 54$- . OPEC- , , , .

    26

    - 2013 500 70 .

  • 37