In making capital budgeting decisions, small business owners tend to rely to a significant extent on
A) intuition.
B) government assessment.
C) economic analysis.
D) informed opinion.

Question

Quizplus · Accepted Answer

Small business owners tend to rely on their intuition when making capital budgeting decisions because they may not have access to the same level of resources as larger corporations to perform extensive economic analysis or receive government assessments. Therefore, intuition and informed opinions from trusted sources are often more accessible and reliable for small business owners.

In Making Capital Budgeting Decisions, Small Business Owners Tend to Rely