Multiple choice

SMEs stand for

  1. small and medium enterprises

  2. sealed medium enterprises

  3. skilled management enterprises

  4. None of these
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A Correct answer
Explanation

Small and medium-sized enterprises (SMEs; sometimes also called small and medium enterprises) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. Small enterprises outnumber large companies by a wide margin and also employ many more people. SMEs are also said to be responsible for driving innovation and competition in many economic sectors.

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