Duke University/CFO
Global Business Outlook Survey
Second Quarter 2008

No individual firms are identified and only aggregate data are made public. Please respond by June 12, 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 facing your corporation? (rank #1, #2, #3)
   Consumer demand
   Cost of fuel
   Cost of non-fuel commodities
   Credit markets/interest rates
   Devaluation of the dollar
   Environmental regulation
   Financial regulation		    Housing market fallout
   International political instability
   Upcoming change in U.S. administration
   Foreign competition
   Trade policies and trade agreements
   Inflation
   Other:    

4. What are the three top internal, company-specific concerns for your corporation? (rank #1, #2, #3)
   Ability to forecast results
   Auditing costs
   Attracting and retaining qualified employees
   Cost of health care
   Managing IT systems
   Data security		    Protection of intellectual property
   Supply chain risk
   Balance sheet weakness
   Personal job security
   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
   Cash on the balance sheet
   Dividends
   Share repurchases

6a. In the past year, has your company taken steps to reduce the impact of rising fuel costs?
  No
  Yes   
6b. If yes, what steps has your company taken? (Check all that apply)
  Using more fuel-efficient fleet
  Using more efficient shipping methods (e.g., consolidating shipments)
  Switching means of shipping (e.g., from air to rail)
  Improving facility management (e.g., reduced lighting)
  Using more efficient production process
  Hedging
  Telecommuting
  Reducing business travel
  Switching fuel source from to
  Passing on price increases by raising our prices
  Reducing our margins
  Negotiating fixed price fuel contracts
  Other      

7. How has your company responded to other recent non-fuel commodity and raw materials price increases? (check all that apply)
  We have passed on price increases by raising our prices
  We have reduced our margins
  We have negotiated fixed price contracts with our vendors
  We have hedged commodity prices		   We have sought alternative sources and/or raw materials
  We have made no changes
  We have not been impacted
  Other    

8a. Has your company been affected by the cost or availability of credit?
  No
  Yes, somewhat   
  Yes, very much   		8b. If yes, in what ways has your company been affected by the credit market turmoil?
   [check all that apply]
    Decreased availability of credit
           Check here if you experienced difficulty initiating or renewing a bank credit line
  Increased cost of credit     How many basis points increase since summer 2007?   bps
  Other:   

9a. Is the current US economic slowdown hurting your company now as much as it would have hurt your company five years ago?
  The impact would have been worse five years ago.
  The impact is the same as it would have been five years ago.
  The impact is worse than it would have been five years ago.
  No impact

9b. Has your company felt any negative impact from the economic slowdown in the West?
  No·
  No, but we expect to be negatively affected in the future
  Yes, somewhat 
  Yes, very much 

9c. If yes, what kind of effect? (check all that apply)
  Declining/slowing growth in customer orders
  Declining/slowing revenues
  Customers requesting discounts
  Other    

9d. If you expect the slowdown to have an effect on your company, when do you think this will happen?
  Already happening
  Within one quarter
  Within two quarters
  Within one year
  More than a year from now

9e. When do you expect the U.S. economy to begin recovery?
  Recovery already began
  2008, Quarter 3
  2008, Quarter 4
  2009, Quarter 1
  2009, Quarter 2
  2009, Quarter 3
  2009, Quarter 4
  2010 or beyond
  No opinion

10a. Do you have operations in China?
  No
  Yes  		 
 10b. If yes, have you moved any of your operations to another country as a result of rising costs in China?
  No
  No, but we plan to
  Yes

 10c. If you have moved or plan to move, to which locations? (check all that apply)
  Vietnam
  Korea
  Taiwan
  Malaysia
  Indonesia		   Philippines
  Thailand
  India
  Other    

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. What is your company's credit rating?

       
 		 If you do not have a rating, please estimate what your rating would be.

© Duke University, 2008