The financial aspect of SMEs : the electronics sector

As Singapore moves into the 21st century, the electronics industry will feature prominently in her progress from a newly industrializing country to an industrialized country. Entrepreneurs are enticed by the apparent high turnover and increased demand for quality high-technology electronics products...

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Main Authors: Kang, Siok Lan, Ng, Tee Hoon, Tian, Lay Eng
Other Authors: Nanyang Business School
Format: Final Year Project (FYP)
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/59338
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author Kang, Siok Lan
Ng, Tee Hoon
Tian, Lay Eng
author2 Nanyang Business School
author_facet Nanyang Business School
Kang, Siok Lan
Ng, Tee Hoon
Tian, Lay Eng
author_sort Kang, Siok Lan
collection NTU
description As Singapore moves into the 21st century, the electronics industry will feature prominently in her progress from a newly industrializing country to an industrialized country. Entrepreneurs are enticed by the apparent high turnover and increased demand for quality high-technology electronics products to enter this market through the form of small and medium sized businesses (SMEs ). Studies show that a lot of them fail because of financial inadequacies. This study attempts to probe into the financial management of SMEs in the local electronics industry. A sample was drawn from the Singapore Electronics Manufacturers' Directory. Interviews were conducted with directors of responding firms with the help of a structured questionnaire. Analysis was performed on the data gathered to arrive at conclusions regarding how the entrepreneurs employ various sources of finance in their operations and the channels through which these options are available to them. This study hopes to provide a form of reference to potential entrepreneurs as to the way the existing ones manage their finances adequately to remain in the competitive market.
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spelling ntu-10356/593382023-05-19T06:24:05Z The financial aspect of SMEs : the electronics sector Kang, Siok Lan Ng, Tee Hoon Tian, Lay Eng Nanyang Business School Tan Wee Liang DRNTU::Business::Accounting As Singapore moves into the 21st century, the electronics industry will feature prominently in her progress from a newly industrializing country to an industrialized country. Entrepreneurs are enticed by the apparent high turnover and increased demand for quality high-technology electronics products to enter this market through the form of small and medium sized businesses (SMEs ). Studies show that a lot of them fail because of financial inadequacies. This study attempts to probe into the financial management of SMEs in the local electronics industry. A sample was drawn from the Singapore Electronics Manufacturers' Directory. Interviews were conducted with directors of responding firms with the help of a structured questionnaire. Analysis was performed on the data gathered to arrive at conclusions regarding how the entrepreneurs employ various sources of finance in their operations and the channels through which these options are available to them. This study hopes to provide a form of reference to potential entrepreneurs as to the way the existing ones manage their finances adequately to remain in the competitive market. ACCOUNTANCY 2014-05-02T01:09:35Z 2014-05-02T01:09:35Z 1995 1995 Final Year Project (FYP) http://hdl.handle.net/10356/59338 en Nanyang Technological University 94 p. application/pdf
spellingShingle DRNTU::Business::Accounting
Kang, Siok Lan
Ng, Tee Hoon
Tian, Lay Eng
The financial aspect of SMEs : the electronics sector
title The financial aspect of SMEs : the electronics sector
title_full The financial aspect of SMEs : the electronics sector
title_fullStr The financial aspect of SMEs : the electronics sector
title_full_unstemmed The financial aspect of SMEs : the electronics sector
title_short The financial aspect of SMEs : the electronics sector
title_sort financial aspect of smes the electronics sector
topic DRNTU::Business::Accounting
url http://hdl.handle.net/10356/59338
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