Where are you cutting costs?

Office automation 59%

Purchasing strategies 58

Inventory levels 51

Personnel levels 43

Marketing focus or

methods 41

Compensation methods 25

Manufacturing auto-

mation 23

Other 5

* * *

Source: "1989 Arthur Andersen Enterprise Survey" of more than 4,500 CEOs of companies with sales ranging from $1 million to $120 million, Chicago