A fuzzy expert system to increase accuracy and precision in measurement system analysis

Most firms in general have multiple objectives aimed to sustain and succeed in their business. In the short term, firms pay more attention to profit maximization. For the long term however, profit is no longer the prime focus because one of the objectives which may dominate the management of a firm is its growth. The objectives of this paper are to establish factors determining growth of construction companies in Malaysia and also to establish which factors have greater impact on growth. Data collection for the purpose of this study was done through a questionnaire survey which was carried out involving large construction companies from grade G7 as classified under the Construction Industry Development Board of Malaysia (CIDB). Questionnaires were sent to 600 respondents via postal service and by hand. From 600 questionnaires disseminated, 102 of the questionnaires were returned, completed and useable. Data was analyzed by using relevance statistical methods such as frequency, relative important index (RII) and regression analysis to establish findings. Findings of this research show that the good management of a company was found to be the utmost important factor that contributes to the growth of construction companies. Effective organization structure, use of new technology and automation as well as commitment to customers’ satisfaction had a good correlation with employment growth. It was also found that market specialization; good company management, availability of bank loans and other credit facilities and use of new technology as well as automation are significant factors towards growth in turnover.

	 

	Key words: Construction companies, growth, Malaysia.

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Factors determining growth of companies: A study on construction companies in Malaysia

Ways of improving information converters are considered, in particular, primary information converters (sensors). Problems are described that arise during the use of sensors in space rocket and aviation engineering. Designs are presented for thin-film nano- and micro-electromechanical systems that are the basis of contemporary and future tensoresistive pressure sensors. Areas of research are determined with the aim of minimizing the effect of critical destabilizing factors (temperature, vibration) within these systems and pressure sensors based upon them.

Thin-film nano- and micro-electromechanical systems – the basis of contemporary and future pressure sensors for rocket and aviation engineering

The inefficient management of working capital not only reduces profitability but in the end may also lead a concern to financial crisis thus every organization regardless of its profit orientation, size and nature of business, needs requisite amount of working capital. Consequently, the efficient working capital management is the most crucial factor in maintaining survival, liquidity, solvency and profitability of the concerned business organization. The objective of this study is to assess the influence of working capital components on the profitability of selected small and medium enterprises (SMEs) in Malaysia. Deductive approach has been incorporated and chose positivism research philosophy. The sample sizes of 58 SMEs have been selected for gathering the financial information in the study. The Statistical Package for Social Sciences (SPSS) has been applied in the study. The relevant data has been gathered for the time frame of five years i.e. 2010 to 2014. Result shows that it is a significant relationship between the working capital management and profitability of the selected firms. Thus, these findings have been suggested to the small and medium enterprises to minimize its borrowings in order to reduce the risk in the company. Moreover, the small and medium enterprises are recommended that they should improve their receivable cycle to ensure that cash is recovered from the parties. Therefore, firms can provide the discount to the clients in order to collect their account receivables.

S. Sartori

Papers

Measurement growth in a total quality perspective