Historically, few small business owners have relied on any type of quantitative analysis in making capital budgeting decisions.

Question

Quizplus · Accepted Answer

Historically, small business owners have relied more on gut instinct and personal experience rather than quantitative analysis to make capital budgeting decisions. However, with access to better data and financial tools, more small business owners are incorporating quantitative analysis into their decision-making processes.

Historically, Few Small Business Owners Have Relied on Any Type