All entities involved in economic activity at all levels, acting both in real and regulatory areas, are permanently demanding accessibility of information. The information they are seeking is indispensable for decision – making process in order to reduce the extent of both uncertainty and risk. Major importance is attached by the entities to the following: proper diagnosis of the real course of economic processes, justifiable prognoses concerning a potential course of economic processes. The focal point of the paper is an analysis of usefulness of the data obtained in business surveys. Special attention shall be paid to the applicability of the data for those entities who analyse the course of economic processes, and the ones that purse economic policy. In order to assess the usefulness of the data, an attempt shall be made to address the following questions: could the data be used to significantly supplement a set of information, essential for both making current economic decisions and resolving dilemmas concerning the future, are they reliable, are they of a prognosis – like nature? The discussion in the paper shall be primarily base upon experience derived from the research done in RIED WSE. The research findings have been presented both in Poland as well as on the international forum. Internationally, it is the discussion held within CIRET (Centre for International Research on Economic Tendency Survey) – organization including major centers dealing with business situation worldwide – that should be considered the most inspiring.
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