Bridging Theories and Practices: An Evaluation Framework of Small and Medium Sized Enterprises' (SMEs) Decision-making in China
Yanhai Zhao, Ye Yao
Abstract
Yanhai Zhao, Ye Yao
Abstract
Although the growth of SMEs is in vogue in the economical literature, the decision making inside the small business is a comparatively less studied theme. By synthesizing leading decision theories and taking into account of SMEs' characteristics in China's context, this paper develops an evaluation framework of decision-making in SMEs with four main components: environment, organization, decision-maker and process.
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Although the growth of SMEs is in vogue in the economical literature, the decision making inside the small business is a comparatively less studied theme. By synthesizing leading decision theories and taking into account of SMEs' characteristics in China's context, this paper develops an evaluation framework of decision-making in SMEs with four main components: environment, organization, decision-maker and process.
Key concepts: Bridging (networking), China, Business, Small and medium-sized enterprises, Context (archaeology), Small to medium enterprises, Knowledge management, Decision-making