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.
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
- GSGM7334: Project Management Assignment, UIU, Malaysia The CIO of A&D High Tech, Matt Webb, needs to determine whether the proposed online store project can be completed in time
- Nursing Assignment, UIM, Malaysia Describes the clinical evaluation process and outcome for creating a tool
- ACC30305: Principles of Accounting Assignment, TU, Malaysia Mr Peter, a sole trader, started his frozen food business on 1st January 2021 under the name of Peter Frozen Enterprise
- Employment Law Course Work, UiTM, Malaysia Seb has been employed by Longton Water Company plc, Northampton, maintaining and repairing water pipes since
- English Case Study, UON, Malaysia Evaluate each alternative solution that identified as per below Describe the strengths and weaknesses of the 5 solutions provided below
- NBNS1104: Transcultural in Nursing Essay, OUM, Malaysia Parenting has a significant influence on a child’s life and development. Because the mother and father have different
- Business Analytics and Data Intelligence
- BMIT5103: Information Technology for Managers Assignment, OUM, Malaysia Information technology has revolutionized the banking industry, enabling online banking, mobile payments
- KNS2163: Geotechnical Engineering Assignment, UMS, Malaysia Work to remediate failed slope along Jalan Sebauh, Bintulu is proposed and The affected slope is along a 5 km section of the road
- Leadership and Group Motivation Assignment, MMU, Malaysia Identify any business enterprise that you are familiar and discuss
