Small and Medium Enterprises Essay

Small and Medium Enterprises Essay

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1.1 Function of SME

1. Coordination of policies and programmes -Formulate broad SME policies across all sectors coordinate, monitor and evaluate effective implementation of policies and programmes across relevant Ministries and Agencies.

2. Centre on advisory and information -Provide business advisory through the “SME Business Advisory Centre” Disseminate information on Government funds and incentives on SMEs Channel for feedback on SME issues Liaison for domestic and international communities on SME matters.

3. Management of Data, dissemination of information AND Research on SMEs - Manage National SME Database Undertake research on SMEs Publish SME-related reports and statistics Undertake outreach programmes.

4. Business support -Nurture and develop competitive SMEs through specific capacity building programmes and financial assistance Enhance competitiveness of SMEs using the SME Competitiveness Rating for Enhancement (SCORE) diagnostic tool Provide infrastructure support for SMEs Facilitate link with large companies and MNCs.

5. Secretariat to the National SME Development Council (NSDC) - Propose policies and ensure decisions of NSDC are effectively implemented Provide administrative





1.2 Company Background

1.2.1 FAZZ Enterprise

Fazz Enterprise was established by Mr. Mahmudin Haji Haji Abasin Selangor, located in Kanchong Darat, Banting on 24 February 1983, as a snack food processing factory. The company is a private limited company in which enterprises are using a business name Kerepek House is family owned and has now been taken over by his second son of Mr. Mohd Fazzly b. Hj. Mahmudin. He took over the management of Kerepek House for 10 years.
FAZZ Enterprise manufactures products bas...


... middle of paper ...


.... 12 March 2014.

5) Top 10 IT strategies for smaller businesses [Online sources:]
. 12 March 2014.
6) Branding Strategy for SMEs [Online sources:] . 13 March 2014.

7) Government strategies for increasing SME procurement, [Online sources:]
.14 March 2014.
8) Growth strategies for SMEs [Onlinesources:] . 15 March 2014.
http://www.hdcglobal.com/publisher/faq
http://www.smecorp.gov.my/vn2/node/38?language=en
http://www.leadcaptureexpert.com/sme-corp-malaysia-introduction/

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