small enterprises hav a smaller _ period
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SME's are defined as having between 101-500 employees and between $10 million and $1 billion in annual revenue.
a small business or company, or their activities generally: Most businesses in the town are small enterprises catering to the local community.
Explanation:
In the United States, there is no distinct way to identify small and mid-size enterprises (SMEs). The European Union (EU) offers clearer definitions, characterizing a small-sized enterprise as a company with fewer than 50 employees and a medium-sized enterprise as one with less than 250 employees.
The small and medium-sized enterprises (SMEs) play an essential role in the economy of a country. They represent a source of entrepreneurship abilities, innovation and creation of new jobs. Their capacity to apply, adapt and disseminate new technology is unique.
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