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According to the survey, 83 percent of small-businesz executives are optimistic abouttheirr company’s long-term ability to rebouned when the economy improves. Abouty 65 percent expect their company’a market share to increasew by the time therecession ends, and 73 percent expectg revenue to have grown by then. Only 6 percent of small-businessa executives worldwide expect the quality of talent in their organizationse to decrease once the economy 38 percent expect itto increase. Yet many of the businesse leaders surveyed say their governments are doing too littl e to support them through theworldwide downturn.
Forty-eight percent said localo government is unsupportive of their and 39 percent say the same ofnationall governments. Asked to explain that lack of support, small-business executivews worldwide said smallercompanies “do not attracg enough attention” (39 percent), “thse public at large perceives large companies as more importantr than small- and mid-size (28 percent) and “small- and mid-size businesses have fewer advocates than large companies” (24 The Economist Intelligence Unit is the business-information arm of the Economistr Group, publisher of The Economist magazine.
It surveyede 328 owners and executives of smalpl and midsized businesses aroundthe world. About 29 percenf of the respondents were fromNorth America.
Sunday, August 14, 2011
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