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In which areas of your business have you seen a significant to moderate increase in costs over the last

12 months?

Answer

0%

100%

Number of

Response(s)

Response

Ratio

Salaries

0

0.0 %

Employee benefits

1

33.3 %

Product inventory

3

100.0 %

Marketing

1

33.3 %

Materials/supplies

2

66.6 %

Taxes

0

0.0 %

Rent/lease

0

0.0 %

Travel and entertainment

1

33.3 %

None

0

0.0 %

Totals

3

100%

Have economic pressures forced you to take any of the following actions?

Answer

0%

100%

Number of

Response(s)

Response

Ratio

Reduce prices

0

0.0 %

Layoff employees

1

33.3 %

Reduce employee benefits

0

0.0 %

Change product offerings

2

66.6 %

Reduce marketing budget

1

33.3 %

Reduce travel expenses

1

33.3 %

Reduce operating costs

1

33.3 %

Reduce stock on hand

2

66.6 %

None of the above

0

0.0 %

Totals

3

100%

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