Abstract: Investment decisions play a significant role on the economic development of SMEs. This is because profitable investment projects result to financial prosperity of an enterprise. Despite adequate support by the Kenyan government through introduction of single business permits as a solution to business licensing, provision of grant funding and offering business training, SMEs continue to face serious challenges in making rational investment decisions which result to great financial losses. The study therefore sought to investigate influence of spending behavior on....
Keywords: Investment Decision Spending Behavior Small and medium enterprise
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