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:
“It is impossible for a stranger traveling through the United States to tell from the appearance of the people or the country whether he is in Toledo, Ohio, or Portland, Oregon. Ninety million Americans cut their hair in the same way, eat each morning exactly the same breakfast, tie up the small girls’ curls with precisely the same kind of ribbon fashioned into bows exactly alike; and in every way all try to look and act as much like all the others as they can.”
—Alfred Harmsworth, Lord Northcliffe (1865–1922)
“It is a medium of entertainment which permits millions of people to listen to the same joke at the same time, and yet remain lonesome.”
—T.S. (Thomas Stearns)
“One generation abandons the enterprises of another like stranded vessels.”
—Henry David Thoreau (1817–1862)