Question1. How sensitive do you think your company is to economic expansions (upswings) and contractions? Describe. If you think that your company's performance is not sensitive to general economic business cycles, then describe why it is stable as the economy moves up and down.
Question2. How do you think your organization will adjust to, or cope with, conditions summarized in the most recent issue of the Fed's Beige Book. Please be specific about the economic conditions that might affect your company's future performance. What do you suggest as coping strategies for your organization during difficult economic conditions.