IACA 2014 Industry Attitudinal Survey - page 63

In which areas of your business have you seen a significant to moderate increase in costs over the last
12 months? (Check all that apply)
Answer
0%
100%
Number of
Response(s)
Response
Ratio
Salaries
1
20.0 %
Employee benefits
1
20.0 %
Product inventory
3
60.0 %
Marketing
2
40.0 %
Materials/supplies
2
40.0 %
Taxes
1
20.0 %
Rent/lease
0
0.0 %
Travel and entertainment
1
20.0 %
None
0
0.0 %
Totals
5
100%
Have economic pressures forced you to take any of the following actions? (Check all that apply.)
Answer
0%
100%
Number of
Response(s)
Response
Ratio
Reduce prices
1
20.0 %
Lay-off employees
1
20.0 %
Reduce employee benefits
1
20.0 %
Change product offerings
1
20.0 %
Reduce marketing budget
2
40.0 %
Reduce travel expenses
4
80.0 %
Reduce operating costs
2
40.0 %
Reduce stock on hand
3
60.0 %
None of the above
1
20.0 %
Totals
5
100%
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