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FEI Survey Results

FEI Survey Results. Objective: Understand the Internet behavior of Senior Financial Executives. Conducted June 6 to June 13, 2001 5000 e-mails sent out to FEI membership 806 responses for a 16.1% response rate. FEI Survey Results.

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FEI Survey Results

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  1. FEI Survey Results Objective: Understand the Internet behavior of Senior Financial Executives. • Conducted June 6 to June 13, 2001 • 5000 e-mails sent out to FEI membership • 806 responses for a 16.1% response rate

  2. FEI Survey Results Q1: Which job title best represents your current position? (check one) Number Percent 95% CI CFO 540 67.1 % ± 3.3 % Exec. VP, Senior VP, VP Finance 252 31.3 % ± 3.3 % Other 13 1.6 % ± 1.0 % Total 805 100.0 % Missing Cases = 1 Response Percent = 99.9 %

  3. FEI Survey Results Q2: What is your company’s annual revenue? (check one) Number Percent 95% CI Under $20MM 119 14.8 % ± 2.5 % $21MM - $499MM 488 60.6 % ± 3.4 % $500MM - $999MM 56 7.0 % ± 1.9 % $1B - $9.8B 103 12.8 % ± 2.4 % $10B + 30 3.7 % ± 1.4 % Not Applicable 9 1.1 % ± 0.9 % Total 805 100.0 %

  4. FEI Survey Results Q3: Approximately how many hours per week do you use the Internet? (both business and personal use) • Approximately 11 hours

  5. FEI Survey Results Q4: Which best describes the nature of your Internet usage? Number Percent 95% CI 100% Personal Use 5 0.6 % ± 0.8 % 75% Personal Use/25% Business Use 137 17.1 % ± 2.7 % 50% Personal Use/50% Business Use 289 36.0 % ± 3.4 % 25% Personal Use/75% Business Use 341 42.5 % ± 3.5 % 100% Business Use 30 3.7 % ± 1.4 % Total 802 100.0 % Missing Cases = 4 Response Percent = 99.5 %

  6. FEI Survey Results Q5: Which of the following activities are you using the Web for? (check all that apply)

  7. FEI Survey Results Q5: Which of the following activities are you using the Web for? (check all that apply) - Cont. Number Percent 95% CI E-Mail 729 90.4 % ± 2.1 % Business News 715 88.7 % ± 2.3 % Stock Information/Trading 695 86.2 % ± 2.4 % General News/Sports 469 58.2 % ± 3.5 % Personal Shopping 377 46.8 % ± 3.5 % Personal Banking 283 35.1 % ± 3.4 % Researching Business Financing Options 217 26.9 % ± 3.1 % Other 145 18.0 % ± 2.7 % Sourcing Products for Your Business 140 17.4 % ± 2.7 % Checking Business Account Balances/Paying Business Invoi... 121 15.0 % ± 2.6 % Other Business Research 91 11.3 % ± 2.3 % Conducting Business Financing Transactions 70 8.7 % ± 2.0 % Total 4052 Number of Cases = 806 Number of Responses = 4052 Average Number Of Responses Per Case = 5.0 Number Of Cases With At Least One Response = 802 Response Percent = 99.5 %

  8. FEI Survey Results Q6: How do you find new websites of interest? (check all that apply) Number Percent 95% CI Querying a Search Engine (Yahoo, Lycos, etc.) 647 80.3 % ± 2.8 % Offline Media (articles, print ads, TV) 530 65.8 % ± 3.3 % Word-of-Mouth 482 59.8 % ± 3.5 % Links From Visited Sites 417 51.7 % ± 3.5 % E-Mail Newsletter or Promotion 333 41.3 % ± 3.5 % Direct Mail 116 14.4 % ± 2.5 % Banner Ads on Visited Sites 49 6.1 % ± 1.8 % Total 2574 Number of Cases = 806 Number of Responses = 2574 Average Number Of Responses Per Case = 3.2 Number Of Cases With At Least One Response = 796 Response Percent = 98.8 %

  9. FEI Survey Results Q7: What web sites do you find helpful in carrying out your job? Please list up to 4 web sites. Top 20

  10. FEI Survey Results Q8: How strongly do you agree/disagree with the following statements? Modera- Modera- Mean & Strongly tely tely Strongly SD Agree Agree Neutral Disagree Disagree 1 2 3 4 5 My understanding of how to use the internet 2.36 130 345 249 64 13 lets me take full advantage of its benefits. 0.90 16.2% 43.1% 31.1% 8.0% 1.6% There are relatively few sites on the internet 3.47 16 155 212 272 145 today that help me in my job. 1.06 2.0% 19.4% 26.5% 34.0% 18.1% I expect the internet to be more helpful to me 1.78 338 346 73 25 14 in my job over the next three years. 0.87 42.5% 43.5% 9.2% 3.1% 1.8%

  11. FEI Survey Results Q9: Below is a list of financing options. Please check the boxes next to each type of financing to indicate which services you would expect to find on the Internet when you have this financing need

  12. FEI Survey Results Q9: Below is a list of financing options. Please check the boxes next to each type of financing to indicate which services you would expect to find on the Internet when you have this financing need (cont.) Initiate a Get Personal Complete a Information Contact Get Advice Transaction 610 296 239 103 Equipment Leasing 75.7% 36.7% 29.7% 12.8% 538 238 185 61 Term Loan 66.7% 29.5% 23.0% 7.6% 501 219 186 36 Working Capital 62.2% 27.2% 23.1% 4.5% 486 191 160 16 Capital Restructuring 60.3% 23.7% 19.9% 2.0% 483 200 161 20 Acquisition Financing 59.9% 24.8% 20.0% 2.5% 491 194 156 19 Equity Financing 60.9% 24.1% 19.4% 2.4%

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