Foreign competition not a major concern to most controllers. (Brief Article)

According to a nationwide survey of 3,500 members of the Institute of Management Accountants controllers council, 38% expect foreign competition to have no effect on 1992 sales and profits for their companies. While 37% anticipate some erosion of profitability and 25% look for foreign competition to reduce sales, only 18% expect the negative impact on their businesses this year to be significant.

Of those polled, 39% believe Japan presents the most significant international competitive …