Sme and Financial

|SMEs and Financial Management: Evidence in Malaysia |

|Case Study for Class Discussion (EPPK 6024) |

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|Prepared For : En Raflis Che Omar |

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|Submission Date: |

|11/23/2013 |

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Question 1:

Question 1:

Briefly explain the most critical financial challenges among SMEs in Malaysia.

Small and Medium Enterprises (SMEs) play a vital role in the country’s economic development. The current trend of economic growth and rapid industrial development has made Malaysia as one of the most open economies in the world. The government is devoting and designing the SME development plan to assist the SMEs to meet the new business challenges in the competitive global business environment. The focus of this question is more to the financial challenges among SMEs in Malaysia. Furthermore, this also analyses the challenges of Malaysian SMEs in globalize market together with economics turmoil. There is a few challenges stated above:-

i. Recession

Economic downturn has been a...