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
17
17.0 %
Employee benefits
5
5.0 %
Product inventory
54
54.0 %
Marketing
28
28.0 %
Materials/supplies
54
54.0 %
Taxes
25
25.0 %
Rent/lease
10
10.0 %
Travel and entertainment
39
39.0 %
None
4
4.0 %
Totals
100
100%
Have economic pressures forced you to take any of the following actions?
Answer
0%
100%
Number of
Response(s)
Response
Ratio
Reduce prices
35
34.6 %
Layoff employees
12
11.8 %
Reduce employee benefits
5
4.9 %
Change product offerings
31
30.6 %
Reduce marketing budget
28
27.7 %
Reduce travel expenses
44
43.5 %
Reduce operating costs
26
25.7 %
Reduce stock on hand
43
42.5 %
None of the above
19
18.8 %
Totals
101
100%
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