SME
Small & medium sized enterprises
" The definition of SMEs varies according to the nation.
" In the US, SMEs are companies up to 500 employees. " In the EU, SMEs have between 11 & 200 employees and
sales of under US $40 billion dollars (£20 billion).
" In Japan, SMEs in industry have up to 300 employees whereas those in wholesale and retail have up to 150 and 50 employees, respectively.