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 and, small, medium and/or enterprises:
“Tradition means giving votes to the most obscure of all classes—our ancestors. It is the democracy of the dead. Tradition refuses to submit to the small and arrogant oligarchy of those who merely happen to be walking around.”
—Gilbert Keith Chesterton (1874–1936)
“Optimism is the content of small men in high places.”
—F. Scott Fitzgerald (1896–1940)
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—Ian Fleming (1908–1964)
“There is nothing man will not attempt when great enterprises hold out the promise of great rewards.”
—Titus Livius (Livy)