WorksheetsCHAPTER 2: INTRODUCTION TO SMALL AND MEDIUM ENTERPRISE DBS1B
Total questions: 20
Worksheet time: 11mins
A business will be classified as SME if it fulfills any one out of three conditions.
True
False
The three conditions of SMEs are qualifying criteria, type of establishment and risks.
True
False
SME can be classified as a manufacturer if the sales turnover is not exceeding RM50 million or full-time employees not exceeding 20 people.
True
False
Sales turnover from RM300,000 to less than RM15 million.
The above statement best refers to ...
a small manufacturing SME
a medium manufacturing SME
a small service SME
a medium service SME
The sales turnover of Syarikat Kurita Sdn Bhd, a company that produces food and beverages is RM17 million. The number of workers is 50 people. Syarikat Kurita is considered as a .....
large company
microenterprise
medium SME
Sales turnover refers to total revenue including other income.
True
False
Full-time employees include all paid workers working for 4 hours.
True
False
Full-time workers do not include foreign and contract workers.
True
False
A business that is incorporated under the following Act is considered a "pure business entity". Those Acts are ....
Registration of Business Act 1956
Companies Act 2016
Contract Act 1950
Sale of Goods Act 1967
Companies that are public listed in the secondary bourses such as the ACE market, Malaysia Online Trading Platform for Unlisted Market (My ULM), or in secondary markets / SME exchanges / unlisted markets in other countries and their subsidiaries will be considered as ....
partnership
small and medium enterprise
sole trader
corporation
Public-listed companies in the main board such as Bursa Malaysia or main bourses in other countries and their subsidiaries will not be considered as SMEs
True
False
Subsidiaries of large firms, multinational corporations (MNCs), Government-linked companies (GLCs), Syarikat Menteri Kewangan Diperbadankan (MKD) and State-owned enterprises will be considered as SMEs
True
False
Subsidiaries refer to entities where the parent company has controlling power over the entities either via....
The composition of its board of directors
Has more than 50% of its voting power/ share capital
Indirectly, through another entity which is a subsidiary that is owned by the parent company
has equal control over the management of business.
Which of the following statement is not characteristic of SME?
privately owned by individual or partners
basically has a tall organizational chart and narrow span of control.
the business is managed and operated by owners
often has a limited resources
SME can be classifed as ....
mining only
manufacturing only
services only
manufacturing and services
Saloon Mat Over has 10 employees. It can be classified as ...
small; service sector SME
micro; manufacturing SME
medium; manufacturing SME
small; agriculture SME
A small medium enterprise can act as a test ground for entrepreneurs, providing them an experience before entering a certain industry.
True
false
Small medium enterprises are still able to produce a new products due to the creativity of its owners.
True
False
Which of the following is not the contribution of SMEs to the country?
support the country's industrialization process.
act as a foundation to the bigger industries
help the country's economic development
provide a major economic development
Which of the following is the problems faced by SMEs in the country?
financial problem
gives a positive impact on income distribution
shortage of expert
decrease the amount of funds in the economy.
