CHAPTER 3

Ethical Consequences Involved in Small Business Decision Making

Decision Making and Ethical Parameters

Small business owners and entrepreneurs in general in their daily operations need to decide over ambiguous and complex situations (Busenitz and Barney 1997, cited in Dunham et al. 2008). Moreover, another very important point is that when decision makers need to reach a decision they usually need to face many ethical tensions resulting from the so many moral considerations and their potential consequences that arise from the entrepreneurial action itself (Dees and Starr 1992, cited in Dunham et al. 2008).

Decision making can be a tricky and difficult. Usually, during the process of actually taking the decision there are several parameters ...

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