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  1. Surveys
  2. 2005
  3. April
  4. B
  5. Business Attitudes Toward The Euro Question
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The purpose of this survey is to review business attitudes toward UK adoption of the Euro. Replies will form part of an Undergraduate Thesis on the “Pros and Cons of the Euro". This questionnaire will be sent out to a selection of 100 businesses in a variety of industries. Survey responses will be stricly confidential and data from this research will be reported only in the aggregate. If you have questions at any time about the survey or the procedures, you may contact Linsey Gill at [email protected]. Thank you very much for your time and support. Please start with the survey by clicking the continue button, then fill out the questions and once completed click the continue button and results will automatically be saved.
 
 
 
What is the name of your company?
   
 
 
 
* 2. Please Specify the size of your organisation
 
SME
 
Large
 
 
3. 
Please classify your organisation
 
Multi-national Enterprise
 
Micromultinatinal (mMNE)
 
National
 
 
4. 
* Describe your company's area of activity
 
IT
 
Oil & Gas Industry Related
 
Manufacturing
 
Retail
 
Hospitality & Leisure
 
Banking & Insurance
 
Other
 
 
 
5. 
Please Specify if you have operations in the following:
 
European Union (exc UK)
 
European Union Candidate Countries

 
 
6. Please Rank the Importance of Countries for company Strategy/growth
Very Important Important Moderate Not So Important Irrelevant
European Union
European Union Candidate Countries
 
 
7. 
* Does your company currently trade in Euros?
 
Yes
 
No
 
 
8. 
Do you believe Euro entry is likely?
 
Yes
 
No
 
 
9. 
* Describe your attitude towards joining the Euro
 
Committed
 
Unsure
 
Cautious
 
Counter (Never)
 
 
10. How would your attitude change if:
Very Satisfied Somewhat Satisfied Neutral Somewhat Dissatisfied Very Dissatisfied
Announcement of entry rate at a level you consider competitive for you company
Strong Government Support for Project
Reduced EU Involvement in social & employment Legislation
Measures to increase degree of economic Integration (eg tax) in EU
Measures to decrease level of economic integration (i.e. tax)
Government announcement that all of the economic tests have been met
Improving Economic Performance in the Euro Zone
 
 
11. 
* Does Your company feel well informed about the Euro?
 
Yes
 
No
 
 
12. Describe your attitude towards information on the Euro
Very Satisfied Somewhat Satisfied Neutral Somewhat Dissatisfied Very Dissatisfied
Information availability
Information relevance to your companys activities
Understansing the information
 
 
13. Please rank the following implications of the Euro for your business
Very Positive Positive Moderate Poor Very Poor
Price Transparency
Reduction in Transaction Costs
Elimination of Exchange Rate Uncertainty in Euro-zone
 
 
14. 
Very Satisfied Somewhat Satisfied Neutral Somewhat Dissatisfied Very Dissatisfied
Describe the impact of the ECB setting interest rates for your business
 
 
15. 
Do you consider the Euro an important factor for the UK attracting FDI?
 
Yes
 
No
 
 
16. 
Do you consider the Euro a key element for future competitiveness?
 
Yes
 
No
 
 
17. 
Do you consider the UK not being in the euro zone to hinder competitiveness?
 
Yes
 
No
 
 
 
18. If the UK were to join the Euro please indicate the effect for your company
 
Setting up/changing computer system
 
Increased price transparency
 
Easier admin
 
Increased invoicing in euros
 
Positive change in parent company attitude to UK location
 
Positive change in whether to invest in UK plants
 
Increased purchasing in euros
 
Negative change in whether to invest in UK Plants
 
Negative change in parent company attitude to UK location
 
No affect to company at all
 
Don't Know
 
Other
 

 
 
19. 
Describe the implications of a UK decision to never join the Euro for your business
 
Negative change in whether to invest in UK plant's
 
Negative for competitiveness
 
Positive for competitiveness
 
Negative for profits
 
Negative change in parent company attitude to UK Location
 
Negative impact from fluctuating exchange rates
 
Positive impact from fluctuating exchange rates
 
Positive change in parent company attitude to UK Location
 
Positive change in whether to invest in UK plant's
 
No affect to company at all
 
Don't Know
 
Other
 

 
 
20. 
* If the UK were to adopt the Euro what would the impact on profits associated with changeover costs be?
 
Negative for profits
 
Unsure
 
Positive for profits
 
Little Impact
 
Other
 
 
 
21. 
* In the short to medium term what do you feel the impact on profits would be?
 
Negative for profits
 
Unsure
 
Positive for profits
 
Little Impact
 
Other
 
 
 
22. 
Has your company made any Euro preparations to date?
 
Yes
 
No
 
 
 
If you have any comments you would like to make with regard to the Euro please specify
   
 
Please contact [email protected] if you have any questions regarding this survey.
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