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What is Small and Medium-Sized Enterprises

Impact of Globalization and Advanced Technologies on Online Business Models
Small and medium-sized enterprises (SMEs) are non-subsidiary, independent firms which employ fewer than a given number of employees. Small firms are generally those with fewer than 50 employees, while micro-enterprises have at most 10, or in some cases 5, workers.
Published in Chapter:
Exploratory Investigation Into Globalization and Linkages Among ICTs and Usages Within SMEs Environments in Cambodia
Teck Choon Teo (American University of Phnom Penh, Cambodia)
DOI: 10.4018/978-1-7998-7603-8.ch011
This study examines the association between firm globalization; the embracing of ICT, more specifically the ICT tools; and the firm's performance. Globalization has a tremendous effect on people which leads them to a greater use of ICTs to enable users to navigate and communicate spontaneously to fulfill self-gratification. From the firm's perspective, globalization has differential effects on B2B and B2C e-commerce, though such global firms are more likely to do B2B but less likely to do B2C. The findings imply that ICTs espousal will augment international competitive advantages but not leveling the playing field for firms to compete with global firms in international markets.
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WTO and the Future of Global Business Tourism: Trends and Challenges
Businesses that maintain relatively small levels of employees and revenues compared to larger corporations. The precise definition of SMEs varies by country and industry, but they are generally characterized by factors such as limited scale of operations, lower revenue thresholds, and fewer employees compared to large enterprises. SMEs play a significant role in driving economic growth, innovation, and job creation in many economies around the world.
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The LAFEC Experience for Language Skills Acquisition
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Industry 4.0 in the Context of the Triple Bottom Line of Sustainability: A Systematic Literature Review
Within the European Union, enterprises with up to 250 employees and 50 million Euros of annual turnover.
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Entrepreneurial Competencies as Strategic Tools: A Comparative Study for Eastern European Countries
(short for SMEs): companies that have turnover and the number of employees below a certain limit.
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Teleworking: New Challenges and Trends
Enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding EUR 50 million, and/or an annual balance sheet total not exceeding EUR 43 million. Defined in the EU recommendation 2003/361, they represent 99% of all businesses in the European Union.
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