Economic downturns test operations, management & product viability

Opinion Center
Business Failures Survey

I. Generally the economies of many industrialized nations have been doing well for several years.	Agree Disagree I never thought about it

2. Do you own or are you a majority owner in a business?	Own 100% of a business Own majority of a business No

3. As a business owner, what would you do if the economy turned down and your business was on the edge of failure?	Borrow from a bank Borrow from my credit cards Borrow from any legal source Let it go bankupt I would

4. Which companies are having difficulty, near failure or have failed?	Xerox W. R. Grace Crown, Cork & Seal Federal Mogul (auto parts) Dot-coms IBM Gateway Daimler-Chrysler Lucent AT&T

5. Which of these reasons seriously contribute to businesses having difficulty or failing?	Bad management Good management infiltrated by incompetent people Arrogance It is very difficult to effectively manage staff these days Government paperwork Government meddling in company operations Market conditions Interference of government agencies (OSHA, EEOC, EPA, FDA,...) Technological changes Poor implementation of a good idea Poor implementation of a bad idea

6. Can you think of other reasons why in good economic times many companies with solid customers are failing?

7. I am:	Female Male

8. My age group is:	Under 20 20-29 30-39 40-49 50-59 60-69 70 & older

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