Business Studies > Key Terms > Flashcards

Key Terms Flashcards

(4 cards)

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1
Q

What is an SME?

A

Small-medium sized enterprise

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2
Q

Outline the different sizes of businesses (employees)

A

Micro = <10
Small = <50
Medium-sized = <250

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3
Q

Outline the different sizes of businesses (turnover)

A

Micro = <£2 m
Small = <£10 m
Medium-sized = <£50 m

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4
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