SME meaning in Business Organization ?

Answer: What is Small and Medium Enterprises mean?

Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations and the World Trade Organization (WTO).

In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people.For example, Australian SMEs make up 98% of all Australian businesses, produce one-third of the total GDP and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP.

In developing countries, smaller (micro) and informal firms, have a larger share than in developed countries.SMEs are also said to be responsible for driving innovation and competition in many economic sectors. Although they create more new jobs than large firms, SMEs also suffer the majority of job destruction/contraction.

reference

Full Form	Category
School of Medical Education	Academic & Science
Society of Men Engineers	Academic & Science
Society of Manufaturing Engineers	Academic & Science
Scale Model Engineering	Academic & Science
Standard-Model Extension	Academic & Science
Solar Mesosphere Explorer	Academic & Science
Somerset (ky)	Airport Code
Shape Memory Effect	Business
Sony Music Entertainment	Business
Society of Manufacturing Engineers	Business
Society of Mechanical Engineers	Business
Système de Management Environnemental	Business
Society for Mining, Metallurgy, and Exploration	Business
Superior Medical Equipment	Business
Sales and Marketing Executives, Incorporated	Business
Small or Medium Enterprise	Business
Standard Metropolitan Enterprises	Business
Siebel Market Enterprises	Business
State of Mississippi Entrepreneurs	Business
Systems Management Enterprises, Inc.	Business
Scout Mountain Equipment	Business
SM Entertainment	Business
Strategic Management Energy	Business Management
System Management Entity	Business Management
Small and Medium Enterprises	Business Organization
Sofia Music Enterprises	Community
Sony Media Entertainment	Community
State Museum of Ethnography	Community
Short Message Entity	Computer and Networking
Signaling Message Encryption	Computer and Networking
Small-to-Medium sized Enterprises	Computer and Networking
Situational Method Engineering	Computing
System Module Expert	Computing
SmelterCoin	Computing
Structural Mechanical Environment	Computing
Sun Microelectronics	Computing
Simple Menu Entry	Computing
Short Message Encryption	Computing
Storage Management Engine	Computing
Security Management Entity	Computing
Service Management Engine	Computing
Storage Media Encryption	Computing
Signature Micro Engine	Computing
Small to Medium Enterprise (SME) Server	Computing
Small Medium Enterprise	General
Success Maker Enterprise	General
Small to Medium Enterprise	General
Small and Medium Enterprise	General
Small and Micro Enterprises	General
Subject Matter Experts	General
Small Medium Enterprises	General
Storage Made Easy	General
Stepping Motor Electronics	General
Strange Martian Entity	General
Sustaining Membership Enrollment	General
Sloppy Meat Eater	General
Sunflower Methyl Ester	General
Scale Model Equipment	General
Small And Mediumsized Enterprises	General
Small or Medium Entreprise	Governmental
Significant Medical Event	Governmental
Selling and Managing Employee	Governmental
Socialist Market Economy	Governmental
SHIMOGA	Indian Railway Station
Subject Matter Expert	Information Technology
Sistema Monetario Europeo	International
Shopping Made Easy	Internet
Senior Mining Engineer	Jobs
Search Marketing Engineer	Jobs
Severe Myoclonic Epilepsy	Medical
Slow Maxillary Expansion	Medical
Somatic Mutational Event	Medical
Subacute Measles Encephalitis	Medical
Spectroscopy Made Easy	Medical
State Medical Examiner	Medical
Stenotrophomonas Multiple Efflux	Medical
Subsequent Memory Effect	Medical
Significant Military Equipment	Military and Defence
Synchronous Modem Eliminator	Networking
Structure Mapping Engine	Technology
Secure Memory Encryption	Technology
Lake Cumberland Regional Airport	Transport & Travel
Shivamogga	Transport & Travel