SME Performance Measurement: A Technical Review of Malaysia
Nor Mahirah Mustapha1, Shahryar Sorooshian2
1Nor Mahirah Mustapha, She is a PhD student with Universiti Malaysia Pahang.
2Shahryar Sorooshian, He is with Universiti Malaysia Pahang.
Manuscript received on 02 June 2019 | Revised Manuscript received on 05 June 2019 | Manuscript published on 30 June 2019 | PP: 1808-1812 | Volume-8 Issue-8, June 2019 | Retrieval Number: H6846058719/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This article highlights the background of the problems encountered by SMEs which is related to SMEs performance. It also indicates that the financial-based performance indicators are insufficient to judge the overall performance of SMEs. The importance of shifting focus from short term to long-term objectives of the SMEs business is briefly stated. The literature review method was applied to explore the SME performance problems, which has been outlined and justified by the significance of the need of more research efforts in this field and especially in Malaysia. The specific solution to the problem should be reviewed so that SMEs performance can be improved further in the future.
Keywords: Small and Medium Enterprises (SMEs), Performance, Performance Management System (PMS), Malaysia.
Scope of the Article: Performance Evaluation of Networks