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:
“But still the delicate slips keep coaxing up water;
The small cells bulge;
One nub of growth
Nudges a sand-crumb loose,”
—Theodore Roethke (1908–1963)
“The role of the writer is not simply to arrange Being according to his own lights; he must also serve as a medium to Being and remain open to its often unfathomable dictates. This is the only way the work can transcend its creator and radiate its meaning further than the author himself can see or perceive.”
—Václav Havel (b. 1936)
“There is nothing man will not attempt when great enterprises hold out the promise of great rewards.”
—Titus Livius (Livy)