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
- FBWFF1013: Fundamentals of Finance Case Study, UUM, Malaysia Taking into consideration the fact that the $98,000 home price will grow at 4% per year, what will be the future median home selling price
- BMK311: Product Management Assignment, WOU, Malaysia Smart Home Technology was introduced in the early 2000s. Everyone in the world began talking about the Internet of Things
- Principle of Management Assignment, UON, Malaysia Pilih mana-mana SATU rangkaian restoran di Malaysia yang anda kenali. Bandingkan pembuatan keputusan dalam
- BWFF3033: Financial Market and Institutions Assignment, UUM, Malaysia As an individual investor in Malaysia, you believe the main index of the Malaysia stock market, FBM KLCIÂ would decline further in the year 2022
- ESEM5634 Educational Research Methodology, Research Paper, UNITAR, Malaysia
- BBF201/03 INTRODUCTION TO FINANCIAL MANAGEMENT Assignment WOU Malaysia You are a manager who work at finance department of AVILLION BERHAD in Malaysia. You are interested to analyse the core principles of finance
- Company Law Assignment, UM, Malaysia The plaintiff and the second defendant were directors and equal shareholders in the first defendant’s company
- Project Cost Auditing Assignment, UITM, Malaysia Discuss an issue/ problem/ process improvement that occurs in the current construction project
- Advanced Diploma in Paediatric Nursing Assignment, MU, Malaysia Identifying the significant clinical information and specific management of children with acute glomerulonephritis
- Unit 2 Assignment – International Marketing Management
