FEATURES OF THE DECISION-MAKING IN SMES

Lect. Radu Ogarcă Ph. D
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Lect. Radu Ogarcă Ph. D: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 3, issue 38, 20

Abstract: This paper is a literature review on the decision-making issues in a small and medium enterprise. The first part proposes an overview of the main theories and approaches regarding the managerial decision and the decision-making process, in general. In the second part, it tries to identify some specific elements of decision-making processes within SMEs, having as support the elements of the first part.

Keywords: decision making; entrepreneurship; small and medium enterprises; entrepreneurial decision making; effectuation; practical intelligence; intellectual entrepreneurship (search for similar items in EconPapers)
JEL-codes: D81 L26 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:3:y:2010:i:20:p:220-239

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