Business network and balanced scorecard: an analysis of small and medium enterprises in Malaysia

Citation

Abdul Rahman, Abdul Aziz and Chong, Poh Ling and Ong, Tze San and Teh, Boon Heng and Ong, Tze Chin (2024) Business network and balanced scorecard: an analysis of small and medium enterprises in Malaysia. Arab Gulf Journal of Scientific Research, 42 (3). ISSN 1985-9899

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Abstract

The aim of this paper is to characterise the association between business network and the balanced scorecard used by Malaysian small and medium enterprises (SMEs) as a method for assessing firm efficiency. The business network takes into account both the dimensions of stability and efficiency. The business network can help SMEs, with fewer resources to remain competitive. By having a secure business network, the performance of SMEs in Malaysia can be further improved. A business network can facilitate swift coordination amongst distant geographies to create new competitive advantages by accessing market segments, resources as well as building strategic business alliances.

Item Type: Article
Uncontrolled Keywords: Business networks, balanced Scorecard, Malaysia, Small and medium enterprises
Subjects: H Social Sciences > HB Economic theory. Demography > HB3711-3840 Business cycles. Economic fluctuations
Divisions: Faculty of Management (FOM)
Depositing User: Ms Nurul Iqtiani Ahmad
Date Deposited: 03 Jul 2023 04:15
Last Modified: 02 Nov 2024 15:09
URII: http://shdl.mmu.edu.my/id/eprint/11496

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