Tag Archives: Small Medium Enterprise

SME: Small Medium Enterprise – Definition

By | December 25, 2016

There are numerous definition of SME – Small Medium Enterpises. Whatever the definitions are, SMEs has been the driving force of any economy and they play an important part of the development of a nation. The Organisation for Economic Co-operation and Development (OECD) Definition is as follows: Small and medium-sized enterprises (SMEs) are non-subsidiary, independent firms which employ fewer… Read More »