Staff View: The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]

The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]

SMEs face a variety of challenges. Due to the pandemic, SME business owners have had to modify their business models to adapt to this situation. Some of them succeeded, but some of them had to close their business. The organization must be able to withstand adversities and changes to be resilient in...

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Main Authors:	Mohamad Razi, Nor Faezah, Sarkam, Nor Aslily, Mohammad, Nor Hazlina, Nasarudin, Nur Hasni, Ahmad Junid, Rosida
Format:	Conference or Workshop Item
Language:	English
Published:	2021
Subjects:	Economics Business cycles. Economic fluctuations. Economic indicators Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
Online Access:	https://ir.uitm.edu.my/id/eprint/55172/1/55172.pdf https://ir.uitm.edu.my/id/eprint/55172/
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id	my.uitm.ir.55172
record_format	eprints
spelling	my.uitm.ir.551722022-01-25T02:15:37Z https://ir.uitm.edu.my/id/eprint/55172/ The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.] Mohamad Razi, Nor Faezah Sarkam, Nor Aslily Mohammad, Nor Hazlina Nasarudin, Nur Hasni Ahmad Junid, Rosida Economics Business cycles. Economic fluctuations. Economic indicators Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling SMEs face a variety of challenges. Due to the pandemic, SME business owners have had to modify their business models to adapt to this situation. Some of them succeeded, but some of them had to close their business. The organization must be able to withstand adversities and changes to be resilient in this pandemic. To be sustainable, the organization must meet the needs of the present without compromising the future. Multiple changes in the Government's Movement Control Operation (MOC) to stop the transmission of Covid 19 to minimize the economic sector have indirectly affected SME activities. According to Malaysian economic research (MIER), 95% of SMEs will suffer a decline in sales. To ensure the resilience of SMEs in Malaysia, the Government has launched one of the initiatives by offering a special grant known as Geran Khas Prihatin (GKP) for every micro- enterprise that will benefit almost 700,000 micro-enterprises across the country. It is believed to provide a survival line for Malaysian SMEs to expand or strengthen their financial situation in the post-Covid 19 periods. However, it is necessary to study and investigate how this initiative can help support and develop SMEs' enterprises. Perhaps the GKP subsidy is sufficient to permit SMEs and all beneficiaries to effectively used the grant to grow their business. Still, there is not enough study conducted to evaluate the tools for measuring the efficiency of GKP. Consequently, we will know that the GKP initiative's implementation meets the grant's objective or vice versa. 2021 Conference or Workshop Item PeerReviewed text en https://ir.uitm.edu.my/id/eprint/55172/1/55172.pdf ID55172 Mohamad Razi, Nor Faezah and Sarkam, Nor Aslily and Mohammad, Nor Hazlina and Nasarudin, Nur Hasni and Ahmad Junid, Rosida (2021) The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]. In: UNSPECIFIED, 27 Oktober 2021.
institution	Universiti Teknologi Mara
building	Tun Abdul Razak Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Mara
content_source	UiTM Institutional Repository
url_provider	http://ir.uitm.edu.my/
language	English
topic	Economics Business cycles. Economic fluctuations. Economic indicators Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
spellingShingle	Economics Business cycles. Economic fluctuations. Economic indicators Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling Mohamad Razi, Nor Faezah Sarkam, Nor Aslily Mohammad, Nor Hazlina Nasarudin, Nur Hasni Ahmad Junid, Rosida The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]
description	SMEs face a variety of challenges. Due to the pandemic, SME business owners have had to modify their business models to adapt to this situation. Some of them succeeded, but some of them had to close their business. The organization must be able to withstand adversities and changes to be resilient in this pandemic. To be sustainable, the organization must meet the needs of the present without compromising the future. Multiple changes in the Government's Movement Control Operation (MOC) to stop the transmission of Covid 19 to minimize the economic sector have indirectly affected SME activities. According to Malaysian economic research (MIER), 95% of SMEs will suffer a decline in sales. To ensure the resilience of SMEs in Malaysia, the Government has launched one of the initiatives by offering a special grant known as Geran Khas Prihatin (GKP) for every micro- enterprise that will benefit almost 700,000 micro-enterprises across the country. It is believed to provide a survival line for Malaysian SMEs to expand or strengthen their financial situation in the post-Covid 19 periods. However, it is necessary to study and investigate how this initiative can help support and develop SMEs' enterprises. Perhaps the GKP subsidy is sufficient to permit SMEs and all beneficiaries to effectively used the grant to grow their business. Still, there is not enough study conducted to evaluate the tools for measuring the efficiency of GKP. Consequently, we will know that the GKP initiative's implementation meets the grant's objective or vice versa.
format	Conference or Workshop Item
author	Mohamad Razi, Nor Faezah Sarkam, Nor Aslily Mohammad, Nor Hazlina Nasarudin, Nur Hasni Ahmad Junid, Rosida
author_facet	Mohamad Razi, Nor Faezah Sarkam, Nor Aslily Mohammad, Nor Hazlina Nasarudin, Nur Hasni Ahmad Junid, Rosida
author_sort	Mohamad Razi, Nor Faezah
title	The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]
title_short	The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]
title_full	The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]
title_fullStr	The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]
title_full_unstemmed	The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]
title_sort	measurement tool to evaluate the sustainability of geran khas prihatin (gkp) to post covid19 recipients’ in retaining sme’s business / nor faezah mohamad razi ... [et al.]
publishDate	2021
url	https://ir.uitm.edu.my/id/eprint/55172/1/55172.pdf https://ir.uitm.edu.my/id/eprint/55172/
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score	13.211869

The measurement tool to evaluate the sustainability of Geran Khas Prihatin (GKP) To Post Covid19 Recipients’ in Retaining SME’S Business / Nor Faezah Mohamad Razi ... [et al.]

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