Small and medium-sized enterprises (SMEs) are independently-owned organisations that are usually labour intensive and operate on very tight budgets. Such constraints require them to ensure constant evolution and progress to keep up with ever-changing industry demands, as well as stay relevant and competitive.
Unfortunately, the ongoing pandemic has thrown a spanner in the operations of many Malaysian SMEs, with two out of three expressing little hope for profit recovery in 2021 due to prolonged movement control curbs.
- Topic:
- Human Resources
