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SMALL AND MEDIUM ENTERPRISE MANAGEMENT APT 3063. SME Overview, Management, Entrepreneurship and Ownership. PREPARED BY : rosliza.cr@umk.edu.my. CHAPTER 1 & 2. This Chapter Will Help You:. DEFINITION SMALL AND MEDIUM ENTERPRISES (SME ). These groupings are decided based on EITHER
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SMALL AND MEDIUM ENTERPRISEMANAGEMENTAPT 3063 SME Overview, Management, Entrepreneurship and Ownership PREPARED BY : rosliza.cr@umk.edu.my CHAPTER 1 & 2
DEFINITION SMALL AND MEDIUM ENTERPRISES (SME) • These groupings are decided based on EITHER • I. Number of EmployeesBased on the number of full-time employees II. Annual Sales TurnoverBased on annual sales turnover
Number of Employees • Based on the number of full-time employees : • *MRS : Manufacturing-Related Services** ICT : Information and Communications Technology
: • II. Annual Sales Turnover • Based on annual sales turnover
WHAT IS A SMALL BUSINESS?
WALLY AMOS • Entrepreneur and founder of Famous Amos Chocolate Chip Cookies. • Born on July 1, 1936, in Tallahassee, Florida. • An Air Force veteran who worked as a talent agent with the William Morris Agency. “The "Famous Amos" cookie tale began when Wally Amos began using his bite-sized cookies as calling cards and thank-you gifts. As Wally made his rounds in his entertainment business, more and more of his friends and clients asked for another bag of Wally Amos Cookies. Finally, with the backing of several Hollywood personalities, Wally launched The Famous Amos Cookies Company in 1975.”