Decision making in small and micro business is more objective than subjective?

It can be argued that decision making in small and micro businesses is more objective than subjective. This is because small businesses often have limited resources and need to make decisions based on facts and data in order to maximize their success and profitability.

In contrast, larger businesses may have more room for subjective decision making, as they have more resources and can afford to take risks. However, even in small businesses, there may be instances where subjective factors come into play, such as personal preferences or biases of the business owner.

Ultimately, the degree of objectivity versus subjectivity in decision making in small and micro businesses will vary depending on the specific circumstances and individuals involved. It is important for business owners to strike a balance between objective analysis and subjective intuition in order to make informed and effective decisions.

False