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
- BNNS6433: The infection typically starts in the lower urinary tract as a urinary tract infection (UTI): Genitourinary & Endocrine Nursing Assignment, LUC, Malaysia
- Python Programming For Beginners Assignment, MU, Malaysia You are required to develop OPMS which will be used by “OCEAN Sdn Bhd” a Malaysian leading company
- GSGM7324 Organisational Development and Change Management Assignment Malaysia
- BBRC4103: Discuss the differences between a management problem and a research problem: Research Methodology Assignment, OUM, Malaysia
- SBFS1103: Thinking Skills and Problem Solving Essay, OUM, Malaysia Expose learners to critical thinking, and decision-making skills and enhance the learners’ problem-solving skills
- ACC416: Cost and Management Accounting Assignment, UiTM, Malaysia Classify the following costs of a franchise pizza chain either prime cost production overhead cost administrative cost
- Development and implementation of an effective quality management strategy require organisations: Quality Management Assignment, OUM, Malaysia
- BDGO4103: Organisational Behaviour Gelagat Organisasi May 2024 Semester, Assignment, OUM, Malaysia
- OUMH2203: Write a critical reflection on the process of carrying out the Report Presentation: English For Workplace Communication Assignment, OUM, Malaysia
- Regulatory Perspectives for Plant Molecular Farming (PMF) Research Paper Malaysia