EXCERPT
Despite the current revival of small firms and their booming economic importance to the capitalist societies, it is disquieting to know that the sociological analysis of the small enterprises has not developed much. From the statistical point of view, most of the economic units in capitalist societies remain small. In Malaysia, the majority of Malaysian businesses are family-owned small and medium enterprises (SMEs) that are involved in retailing, manufacturing and trading activities. From this data, family businesses are, not surprisingly, a major contributor to Malaysia’s gross domestic product (GDP).
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