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What is MSMEs

Handbook of Research on Managerial Strategies for Achieving Optimal Performance in Industrial Processes
Micro, Small and Medium Enterprises.
Published in Chapter:
Influence of ICT in the Industrial Sector MSMEs
Isaac Machorro Cano (Universidad del Papaloapan, Mexico), Mónica Guadalupe Segura Ozuna (Universidad del Papaloapan, Mexico), María Dolores Esquivel Hernández (Universidad del Papaloapan, Mexico), José Antonio Hernández Contreras (Universidad del Papaloapan, Mexico), and José Julián Aguilar Láinez (Universidad del Papaloapan, Mexico)
DOI: 10.4018/978-1-5225-0130-5.ch010
Access, use and adoption of information and communication technologies by enterprises constitute an important innovation that could improve their productivity and competitiveness, provided that other policies adopted oppose obstacles or restrictions that these enterprises deal with for their own development. The Papaloapan Basin region is characterized by a wide range of economic activity. The city San Juan Bautista Tuxtepec is found within this region; which is a convergence point for the economic activities of the states of Oaxaca, Veracruz and Puebla, since it has an important activity in the primary, secondary and tertiary sectors. In this chapter, the influence of information and communication technologies on micro, small and medium enterprises in the industrial, commercial and service sector of this important region is presented, based on a classification of the run of businesses, considering their management, financial and marketing activities.
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Post-COVID-19 Business Strategies to Combat Challenges of Colombian MSMEs
Micro, small, and medium companies. The classification of these companies varies from country to country. For the purposes of this article, the basis was the number of workers: Up to 9 -micro companies-; between 10 and 15, small companies; between 51 and 200, medium size companies and over 200, big companies.
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Organizational Components That Explain the Strategic Direction of SMEs for a New World Economic Order: The Case of Colombia
Acronym of micro, small, and medium-sized companies. Depending on each country, they are classified by the number of workers, sales, and total assets. In Colombia, they are classified according to the manufacturing, commercial, and service sectors by the level of sales according to the taxing unit defined annually by the National Tax and Customs Department (In Spanish: DIAN, Departamento de Impuestos y Aduana Nacional ). Sometimes, it is also used by the number of workers: Micro company (up to 9 workers), small company (between 10 and 50 workers), medium company (between 51 and 200 workers), and large company (greater than 200 workers).
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Analysis of the Sustainability of Supply Chains and Value Chain Management: Economy in the Republic of Serbia
Abbreviation that stands for Micro, Small, and Medium Enterprises. The law of the state and the economy of a certain state prescribes categories based on the number of employees and gross income.
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Innovative Government-Backed Policy Measures in Nigeria for Sustaining MSMEs Post Pandemic
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Diversity and Labor Inclusion in Colombian SMEs: An Exploratory Study
It stands for micro, small, and medium enterprises. For effects of this chapter, the authors have considered the number of workers as the criteria to be considered so. Therefore, MSMEs in Colombia were those who have between 5 and 500 employees.
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