Small and medium sized companies in Singapore : problems and recommendations
Small and Medium-sized Enterprises (SMEs) have contributed much to Singapore's explosive economic performance. They give Singapore a much needed boost in job creation and technological advancement. According to Economic Survey of Singapore 1991, SMEs constitute 88% of the total number of est...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/63013 |
| _version_ | 1826118789842862080 |
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| author | Chong, Kok Kia Lim, Chen Chen Lim, Mee Jee |
| author2 | Toh See Kiat |
| author_facet | Toh See Kiat Chong, Kok Kia Lim, Chen Chen Lim, Mee Jee |
| author_sort | Chong, Kok Kia |
| collection | NTU |
| description | Small and Medium-sized Enterprises (SMEs) have contributed much to Singapore's
explosive economic performance. They give Singapore a much needed boost in job
creation and technological advancement. According to Economic Survey of Singapore
1991, SMEs constitute 88% of the total number of establishments and contribute 40%
of employment in Singapore. However, local SMEs are miles behind their bigger
counterparts in value added terms, contributing only a paltry 23% despite their
numerical significance. Their growths have often been impeded due to their inability to
procure funds and their susceptibility to external conditions.
This study is undertaken to analyse the problems faced by small and medium sized
companies in Singapore. The study is confined to companies (private and public) and
excludes partnerships and proprietors. It also aims to offer businessmen some practical
solutions to their everyday problems like financing, marketing and quality control so as
to achieve optimal corporate performance. By highlighting common. problems faced by
distressed companies in Singapore, the study also hopes to avert possible corporate
failure. Last but not least, the study aims to provide valuable input to future policy
decisions. |
| first_indexed | 2024-10-01T04:49:15Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/63013 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T04:49:15Z |
| publishDate | 2015 |
| record_format | dspace |
| spelling | ntu-10356/630132023-05-19T03:30:04Z Small and medium sized companies in Singapore : problems and recommendations Chong, Kok Kia Lim, Chen Chen Lim, Mee Jee Toh See Kiat Nanyang Business School DRNTU::Business Small and Medium-sized Enterprises (SMEs) have contributed much to Singapore's explosive economic performance. They give Singapore a much needed boost in job creation and technological advancement. According to Economic Survey of Singapore 1991, SMEs constitute 88% of the total number of establishments and contribute 40% of employment in Singapore. However, local SMEs are miles behind their bigger counterparts in value added terms, contributing only a paltry 23% despite their numerical significance. Their growths have often been impeded due to their inability to procure funds and their susceptibility to external conditions. This study is undertaken to analyse the problems faced by small and medium sized companies in Singapore. The study is confined to companies (private and public) and excludes partnerships and proprietors. It also aims to offer businessmen some practical solutions to their everyday problems like financing, marketing and quality control so as to achieve optimal corporate performance. By highlighting common. problems faced by distressed companies in Singapore, the study also hopes to avert possible corporate failure. Last but not least, the study aims to provide valuable input to future policy decisions. ACCOUNTANCY 2015-05-05T03:39:31Z 2015-05-05T03:39:31Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/63013 en Nanyang Technological University 124 p. application/pdf |
| spellingShingle | DRNTU::Business Chong, Kok Kia Lim, Chen Chen Lim, Mee Jee Small and medium sized companies in Singapore : problems and recommendations |
| title | Small and medium sized companies in Singapore : problems and recommendations |
| title_full | Small and medium sized companies in Singapore : problems and recommendations |
| title_fullStr | Small and medium sized companies in Singapore : problems and recommendations |
| title_full_unstemmed | Small and medium sized companies in Singapore : problems and recommendations |
| title_short | Small and medium sized companies in Singapore : problems and recommendations |
| title_sort | small and medium sized companies in singapore problems and recommendations |
| topic | DRNTU::Business |
| url | http://hdl.handle.net/10356/63013 |
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