Duke University/CFO
Global Business Outlook Survey
Spring 2008

No individual firms are identified and only aggregate data are made public. Please respond by March 6, 2008. If you have any questions about this survey, please contact us.

1. Are you more or less optimistic about your regional economy compared to last quarter?
More optimistic Less optimistic No change	Rate your optimism about your regional economy on a scale from 0-100, with 0 being the least optimistic and 100 being the most optimistic.

2. Are you more or less optimistic about the financial prospects for your company compared to last quarter?
More optimistic Less optimistic No change	Rate your optimism about the financial prospects for your own company on a scale from 0-100, with 0 being the least optimistic and 100 being the most optimistic.

3. What are the top three external concerns your corporation faces? (rank #1, #2, #3)

   Consumer demand
   Cost of fuel
   Cost of non-fuel commodities
   Credit markets/interest rates
   Currency risk

   Devaluation of the U.S. dollar
   Environmental regulation
   Financial regulation
   International political instability
   Other:

4. What are the three top internal, company-specific concerns your corporation faces? (rank #1, #2, #3)

   Ability to forecast results
   Auditing costs
   Cost and availability of labor in accounting/finance department
   Cost and availability of non-finance labor

   Cost of health care
   Data security
   Supply chain risk
   Other:

5. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during the next 12 months? (e.g., +3%, -2%, etc.) [Leave blank if not applicable]

   Prices of your products
   Productivity (output per hour worked)
   Technology spending
   Capital spending
   Marketing/advertising spending
   Number of domestic employees overall
   Number of domestic employees in accounting/finance
   Number of foreign/off-shore outsourced employees

   Wages/Salaries
   Health care costs
   Earnings
   Order backlog
   Cash on the balance sheet
   Dividends
   Share repurchases

6a. During 2008, does your company plan to:

  Acquire another company or companies in Asia?
  Acquire part of another company or companies in Asia?
  Acquire another company or companies in Europe?
  Acquire part of another company or companies in Europe?
  Acquire another company or companies in North America?
  Acquire part of another company or companies in North America?
  None of the above

6b. During 2008, does your company plan to:

  Sell your company?
  Sell part of your company?
  Neither

7a. Do you think the U.S. is currently in a recession?

Yes
No

7b. If no, what is the probability that the U.S. economy will experience a recession during 2008?
(e.g., 0%, 50%, etc.)
% chance of a U.S. recession some time in 2008

8a. Do you think that a decline in demand from the U.S. would have a meaningful negative impact on your company's earnings?

Yes
No

8b. If no, what do you think will increase to compensate for the U.S. shortfall? (check all that apply)
  Export demand from Europe
  Export demand from Asia and Australia
  Domestic consumer demand
  Other

9a. Has your company been affected by the cost or availability of credit?

No Yes, somewhat Yes, very much	9b. If yes, in what ways has your company been affected by the credit market turmoil? [check all that apply]
	Decreased availability of credit Increased cost of credit If yes, How many basis points increase? bps Other:

10. Who is your choice for the next president of the United States?

  Hillary Clinton
  Mike Huckabee
  John McCain
  Barack Obama
  Other (please specify)

11. Please check one from each category that best describes your company:

a. Industry

       Retail/Wholesale
       Mining/Construction
       Manufacturing
       Transportation/Energy
       Communications/Media

      Tech [Software/Biotech]
      Banking/Finance/Insurance
      Service/Consulting
      Healthcare/Pharmaceutical
      Other:

b. Sales Revenue (U.S. Dollars)	c. Number of Employees
Less than $25 million $25-$99 million $100-$499 million $500-$999 million $1-$4.9 billion $5-$9.9 billion More than $10 billion	Fewer than 100 100-499 500-999 1,000-2,499 2,500-4,999 5,000-9,999 More than 10,000

d. Headquarters	e. Ownership
(Other specified)	Public Private Government Nonprofit

f. Foreign Sales	g. Your job title (e.g., CFO, Asst. Treasurer, etc)
0% 1-24% 25-50% More than 50%
h. Your age	i. What is your company's credit rating?
years

� Duke University, 2008

Duke University/CFOGlobal Business Outlook Survey Spring 2008

Duke University/CFO
Global Business Outlook Survey
Spring 2008