Classic lenders like banks deny most businesses that call for startup capital or those with unstable economic history. Start-up expenses are often grossly underestimated adding to the burden of the business.
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Small businesses are constantly faced with problems before they can claim success. martine roch Business ethics has been considered very subjective in nature and according to Paul (2001) is considered a function of time and culture. It has been established that with the passage of time business ethics have evolved and also that the cultural values and norms drive business ethics within national and regional boundaries. One of the major studies regarding the national values has been conducted by Hofstede (1983). According to this research, which was only based on four indicators i.e. individualism, power distance, uncertainty avoidance and masculinity, there is a great deal of differences among values across different nations and … Read the rest