Financial Management Assignment, UKM, Malaysia According to the SME Corporation Malaysia, SMEs are defined as firms with sales turnover not exceeding RM50 million
University | Universiti Kebangsaan Malaysia (UKM) |
Subject | Financial Management |
According to the SME Corporation Malaysia, SMEs are defined as firms with sales turnover not exceeding RM50 million OR number of full-time employees not exceeding 200 for the manufacturing sector, and sales turnover not exceeding RM20 million OR number of full-time employees not exceeding 75 for the services and other sectors.
The definition covers all sectors, namely services, manufacturing, agriculture, construction, and mining & quarrying.
SMEs must be entities registered with SSM or other equivalent bodies, and exclude publicly-listed companies, subsidiaries of MNCs, GLCs, MKDs, and state-owned enterprises.
SMEs are further classified into micro, small, and medium categories based on their sales turnover and number of full-time employees as shown in Table 1.
There are also other definitions of SMEs by different sources, such as Lembaga Hasil Dalam Negeri (LHDN), which defines SMEs as companies resident in Malaysia with a paid-up capital of RM2.5 million or less and not related to any company with paid-up capital of more than RM2.5 million.
Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.
Get Help By Expert
Seeking Reliable Online Assignment Assistance for Financial Management? Look no further! Assignment Helper MY offers top-notch support for Universiti Kebangsaan Malaysia (UKM) students. Our expert team of writers specializes in financial management, ensuring accurate and well-researched assignments tailored to your university's requirements. With our timely delivery and affordable prices, you can trust us to help you excel in your studies. You also acquire our skilled writers for FIN542 International Financial Management Assignment.
Recent Solved Questions
- PGBM156: Strategic Management in an International Context Report, UOS, Malaysia Demonstrate critical understanding and application of relevant strategic management and leadership principles
- BM004-3-1 BCS Business Communication Report, APU, Malaysia As a newly hired Chief Social Media Manager for the head office of an international organisation
- MEE3383: Advanced Power System Analysis Design Assignment, UCD, Malaysia From the power flow standpoint, propose a solution to make sure the system is operating within acceptable voltage limits
- STA404: Statistics for Business and Social Sciences Assignment, UiTM, Malaysia A study was conducted to determine the relationship between a driver’s age and the number of accidents he or she had over a 3-year period
- ABPR1103: Statistics for Psychology Assignment, OUM, Malaysia A psychologist studied the number of hours a worker sleeps at night and the number of errors made in a given task
- Discuss the following topic(s) in the forum and submit proof of your participation: MPU Essay, MSU, Malaysia
- CSM80050: Construction Contract Management Assignment, SUT, Malaysia Critically review and identify issues and challenges and Critical Success Factors in contract management
- BUS707: Strategic Direction Assignment, LIBT, Malaysia Critically analyze the current strategic aims and objectives of your chosen scenario/organization
- Anatomy & Physiology 2 Essay, IIUM, Malaysia Discuss the endocrine system and its components as well as the physiology of a Diabetes mellitus patient who develops
- Treasure Management Essay, TARC, Malaysia Due to the multiplicity and complexity of non-financial and financial risks, as well as uncertainties to a bank