Small And Medium Enterprises
Small and medium enterprise or small and medium-sized enterprise (SMEs, small and medium-sized businesses, SMBs and variations thereof) are companies whose personnel numbers fall below certain limits. The abbreviation "SME" is used in the European Union and by international organizations such as the World Bank, the United Nations and the World Trade Organization (WTO). In most economies, smaller enterprises outnumber large companies by a wide margin. SMEs are said to be responsible for driving innovation and competition in many economic sectors.
Read more about Small And Medium Enterprises: Europe, United States, India, Kenya, Canada, New Zealand, Nigeria, Israel
Famous quotes containing the words small, medium and/or enterprises:
“The important thing is that when you come to understand something you act on it, no matter how small that act is. Eventually it will take you where you need to go.”
—Helen Prejean (b. 1940)
“Photography suits the temper of this age—of active bodies and minds. It is a perfect medium for one whose mind is teeming with ideas, imagery, for a prolific worker who would be slowed down by painting or sculpting, for one who sees quickly and acts decisively, accurately.”
—Edward Weston (1886–1958)
“There is nothing man will not attempt when great enterprises hold out the promise of great rewards.”
—Titus Livius (Livy)