Subject:
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NON-RU research Onderzoek niet-RU |
Abstract:
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Most changes in firms take place after a decision has been made. Obviously small firms are
no exception to this, but how this decision-making process looks like is still an uncharted
area of research. There are many studies that focus on the decision-making process of large
firms, but only a few pay attention to small firms. The underlying quantitative study
investigated the decision-making process in SMEs. Drawing upon a database of 646 firms
across eight industries, this paper develops a typology of decision-makers in small firms.
Five types of decision-makers are distinguished: daredevils, lone rangers, doubtful minds,
informers’ friends and busy bees.
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