Data from 2012 from the Small Business Administration Shows Women-Owned

question 168

Essay

Data from 2012 from the Small Business Administration shows women-owned businesses as a dominate part of the U.S. economy. What were some of the findings of that data? What makes women successful business owners?

---

Definitions:

Decision-making

Decision-making is the process of selecting a course of action from among multiple alternatives, typically aiming to achieve the best outcome.

Decision-making Process

A systematic approach or steps taken to select a course of action from several alternatives to achieve a specific goal.

Productivity Issues

Challenges related to the efficiency and effectiveness with which resources are used to produce goods and services.

Lack-of-participation Error

A mistake in decision-making processes caused by not involving enough people or the right individuals, leading to less buy-in or missed insights.