Around 68.4 per cent of the respondents did not expect the economy to improve this year, while 31.6 per cent was of the opinion that the economy would fare better this year.
Of those who did not expect an improvement, 29.6 per cent said the economy was expected to slow down, while 25.5 per cent expected flat growth.
Meanwhile, 40.2 per cent of the respondents said the digital disruption would pose a challenge to business this year.
Of the total, 81.6 per cent said they would go ahead with business plans while 51.5 per cent would focus on developing business platforms for new revenue sources.