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
2
28.5 %
Employee benefits
1
14.2 %
Product inventory
3
42.8 %
Marketing
1
14.2 %
Materials/supplies
5
71.4 %
Taxes
2
28.5 %
Rent/lease
0
0.0 %
Travel and entertainment
4
57.1 %
None
0
0.0 %
Totals
7
100%
Have economic pressures forced you to take any of the following actions?
Answer
0%
100%
Number of
Response(s)
Response
Ratio
Reduce prices
4
57.1 %
Layoff employees
3
42.8 %
Reduce employee benefits
2
28.5 %
Change product offerings
4
57.1 %
Reduce marketing budget
5
71.4 %
Reduce travel expenses
5
71.4 %
Reduce operating costs
4
57.1 %
Reduce stock on hand
4
57.1 %
None of the above
1
14.2 %
Totals
7
100%
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