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What is Small and Medium Enterprises (SMEs)

Chapter 4
Economic Impact and Recovery Following a Global Health Crisis
They are businesses that maintain revenues, assets, or a number of employees below a certain threshold. SMEs vary from country to country.
Published in Chapter:
Adverse Economic Impacts on the Occupationally Insecure Workforce in Thailand Amid the Pandemic
Jason Hung (University of Cambridge, Thailand)
Copyright: © 2022 |Pages: 29
DOI: 10.4018/978-1-7998-6900-9.ch004
Abstract
The author suggests a range of public policies that the Thai government should employ so as to help Thai nationals and smaller-size businesses weather the storm of the pandemic. As the Thai economy is significantly tied to its tourism development, it is not pragmatic for Thai authorities and nationals to aim at full economic recovery in the short- and mid-term. In the short-term, Thai authorities should help local businesses and nationals to satisfy household subsistence. Then, the Thai government should create more job opportunities for the Thai workforce and financially support local businesses in the short- and mid-term. Concurrently, the Thai government should expand their delivery of social protection schemes to Thai nationals, helping local populations obtain basic social welfare services that are conducive to their survival. In the longer-term, the Thai government should welcome international tourisms in phases, and co-build transport infrastructures with neighbouring countries in order to prepare a full re-opening of national borders in due course.
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Chapter 9
The Nature of Informal Trade Sector in Zambia and Its Implications for Government's SMEs Regulatory Framework
These are legally registered businesses for the purpose of recognition as businesses and tax compliance rather than individuals irrespective of size, number of employees and turn-over who have proven physical locations of trading.
Published in Chapter: The Nature of Informal Trade Sector in Zambia and Its Implications for Government's SMEs Regulatory Framework; From: Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
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Chapter 26
Strategic Measures and Tactical Interventions for COVID-19 Impact Relief on SMEs
Business enterprises that are smallish by capital, business turnover, and the number of employees operate in various industries. The quantum of each criterion varies by country globally.
Published in Chapter: Strategic Measures and Tactical Interventions for COVID-19 Impact Relief on SMEs; From: Handbook of Research on Strategies and Interventions to Mitigate COVID-19 Impact on SMEs
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Chapter 14
A Data Warehouse Integration Methodology in Support of Collaborating SMEs
Organizations of no more than 250 employees and a turnover lower than 50 million euros.
Published in Chapter: A Data Warehouse Integration Methodology in Support of Collaborating SMEs; From: Handbook of Research on Organizational Transformations through Big Data Analytics
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Chapter 13
Using Main Courante and Daily Revenue Report Methods in Accounting of Daily Revenues in Touristic Accomodation Enterprises
Enterprises which are smaller when compared to the large-scale enterprises in terms of employee number, indorsement, and balance; and whose limits are predetermined.
Published in Chapter: Using Main Courante and Daily Revenue Report Methods in Accounting of Daily Revenues in Touristic Accomodation Enterprises; From: Cases on Internationalization Challenges for SMEs
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Chapter 3
Factors Creating Competitive Advantage for Family-Owned Business
Is a term for segmenting businesses and other organizations that are somewhere between the “small office-home office” size and the larger enterprise. Country to country this term may vary, but the basis usually is on the criteria of investment, number of employees, and turnover, etc.
Published in Chapter: Factors Creating Competitive Advantage for Family-Owned Business; From: Handbook of Research on Digital Marketing Innovations in Social Entrepreneurship and Solidarity Economics
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Chapter 6
A Neuro-Fuzzy Partner Selection System for Business Social Networks
The Government of Hong Kong specifies that manufacturing enterprises with fewer than 100 employees and non-manufacturing enterprises with fewer than 50 employees in Hong Kong come under the category of SMEs.
Published in Chapter: A Neuro-Fuzzy Partner Selection System for Business Social Networks; From: Handbook of Research on Business Social Networking: Organizational, Managerial, and Technological Dimensions
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Chapter 11
Strategy for ICT Adoption in SMEs
is a term for segmenting businesses and other organizations that are somewhere between the “small office-home office” size and the larger enterprise. Country to country this term may vary, but it is usually based on the criteria of investment, number of employees and turnover, etc.
Published in Chapter: Strategy for ICT Adoption in SMEs; From: Handbook of Research on Increasing the Competitiveness of SMEs
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Chapter 17
Collaboration as a Key Enabler for Small and Medium Enterprises (SME) Implementing Green ICT
Businesses that are typically less than 200 people strong whose physical presence is limited to a small geographical region.
Published in Chapter: Collaboration as a Key Enabler for Small and Medium Enterprises (SME) Implementing Green ICT; From: Handbook of Research on Green ICT: Technology, Business and Social Perspectives
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Chapter 17
ICT Adoption Cordons in SMEs for Competitive Advantage
Is a term for segmenting businesses and other organizations that are somewhere between the “small office-home office” size and the larger enterprise. Country to country this term may vary, but it is usually based on the criteria of investment, number of employees and turnover, etc.
Published in Chapter: ICT Adoption Cordons in SMEs for Competitive Advantage; From: Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making
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Chapter 26
Agricultural Schemes in Namibia for Meeting Essential Needs
Is a term for segmenting businesses and other organizations that are somewhere between the “small office-home office” size and the larger enterprise. Country to country this term may vary, and usually the basis is the criteria of investment, number of employees and turnover, etc.
Published in Chapter: Agricultural Schemes in Namibia for Meeting Essential Needs; From: Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa
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Chapter 19
SME Sustainability and Growth in Emerging Markets
Are known variously as drivers of economic growth, agents of economic transformation of nations, the pillars of economic transformation of developing nations. SMEs are also characterized in terms of their size, annual turnover and size of workforce. What many know about them is that they contribute to job creation, reduction of poverty and the strengthening of standards of living. Interestingly, despite their avowed contribution to global economic growth, they encounter numerous challenging ranging from finance – access, collateral, etc. – to literacy, absence of supportive infrastructure, and frustrating government policies.
Published in Chapter: SME Sustainability and Growth in Emerging Markets; From: Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era
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Chapter 33
External Pressures for Adoption of ICT Services Among SMEs
Firms with a number of employees comprised between 20 and 249
Published in Chapter: External Pressures for Adoption of ICT Services Among SMEs; From: Handbook of Research on Global Diffusion of Broadband Data Transmission
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Chapter 8
Global Institutions and ESG Integration to Accelerate SME Development and Sustainability
Business enterprises that are smallish by capital, business turnover, and the number of employees and operate in various industries. The quantum of each criterion varies by country globally.
Published in Chapter: Global Institutions and ESG Integration to Accelerate SME Development and Sustainability; From: Handbook of Research on Global Institutional Roles for Inclusive Development
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Chapter 15
University Social Responsibility and Its Effects on the Promotion of Entrepreneurship and Growth: Small and Medium Enterprises in Chile
Businesses that have from 10 to 199 employees, as well as the companies that generate annual revenue between 65 to 2,697 million Chilean pesos.
Published in Chapter: University Social Responsibility and Its Effects on the Promotion of Entrepreneurship and Growth: Small and Medium Enterprises in Chile; From: Handbook of Research on Ethics, Entrepreneurship, and Governance in Higher Education
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Chapter 1
Big Data, Who Are You?
Are companies that fall under specific legal limitations regarding the number of employees and the annual turnover. However, this differs from one country to another.
Published in Chapter: Big Data, Who Are You?; From: Big Data Analytics for Entrepreneurial Success
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Chapter 8
Advancing SME Sustainability: Rising Above the Atrocities of Crisis
Enterprises that are smallish by capital, business turnover, and the number of employees and operate in various industries. The magnitude of each parameter varies by country globally.
Published in Chapter: Advancing SME Sustainability: Rising Above the Atrocities of Crisis; From: Cases on Small Business Economics and Development During Economic Crises
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Chapter 1
Asian Entrepreneurship in Tourism and Hospitality: Financial Support, Business Sustainability
Businesses with an annual receipt of less than US$100 million or has less than 1000 employees. In some countries and in some sectors the sales turn-over and number of employees may vary.
Published in Chapter: Asian Entrepreneurship in Tourism and Hospitality: Financial Support, Business Sustainability; From: Entrepreneurial Development and Innovation in Family Businesses and SMEs
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Chapter 22
An Empirical Analysis of the Algerian Entrepreneurship Ecosystem: Entrepreneurship Ecosystem in Algeria
Are companies that fall under specific legal limitations regarding the number of employees and the annual turnover. However, this differs from one place to another. In Algeria, an SME is a service or right provider employing between 1 to 250 employees with a turnover not exceeding 2 billion AD.
Published in Chapter: An Empirical Analysis of the Algerian Entrepreneurship Ecosystem: Entrepreneurship Ecosystem in Algeria; From: Handbook of Research on Ethics, Entrepreneurship, and Governance in Higher Education
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Chapter 16
Exploring the Nexus Among the Business Coping Strategy: Entrepreneurial Orientation and Crisis Readiness – A Post-COVID-19 Analysis of Pakistani SMEs
The small and medium enterprises (SMEs) in Pakistan are defined as non-auxiliary, autonomous firms with net worth up to 250 million Pakistani Rupees and employing maximum 250 employees.
Published in Chapter: Exploring the Nexus Among the Business Coping Strategy: Entrepreneurial Orientation and Crisis Readiness – A Post-COVID-19 Analysis of Pakistani SMEs; From: Handbook of Research on Entrepreneurship, Innovation, Sustainability, and ICTs in the Post-COVID-19 Era
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Chapter 8
Understanding and Adoption of E-Finance in Small and Medium Enterprises (SMEs) in Developing Countries: A Study of Bangladesh and South Africa
A small to medium-sized business which is small by nature in terms of either employees, capital or turnover when compared to larger businesses. SMEs are also single owner or single product enterprises which are generally located in a specific area of business. Different countries may have their own definition of SMEs based on number of employees and annual turnover.
Published in Chapter: Understanding and Adoption of E-Finance in Small and Medium Enterprises (SMEs) in Developing Countries: A Study of Bangladesh and South Africa; From: Handbook of Research on Small and Medium Enterprises in Developing Countries
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Chapter 4
Post-Pandemic Restorative Talent Management Strategy for SME Development
This is a term for segmenting businesses and other organizations that are somewhere between the “small office-home office” size and the larger enterprise. Country to country this term may vary, but the basis usually is on the criteria of investment, the number of employees, and turnover, etc.
Published in Chapter: Post-Pandemic Restorative Talent Management Strategy for SME Development; From: Cases on Small Business Economics and Development During Economic Crises
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Chapter 13
Regional Development via Entrepreneur Multi-Perspective Approach
is a term for segmenting businesses and other organizations that are somewhere between the “small office-home office” size and the larger enterprise. Country to country this term may vary, but it is usually based on the criteria of investment, number of employees and turnover, etc.
Published in Chapter: Regional Development via Entrepreneur Multi-Perspective Approach; From: Handbook of Research on Smart Territories and Entrepreneurial Ecosystems for Social Innovation and Sustainable Growth
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Chapter 16
SMEs and Business Sustainability: Achieving Sustainable Business Growth in the New Normal
Businesses that are smallish by capital, business turnover, and the number of employees, and operate in various industries. The quantum of each criterion varies by countries globally.
Published in Chapter: SMEs and Business Sustainability: Achieving Sustainable Business Growth in the New Normal; From: Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era
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Chapter 30
Training as a Strategic HRM Tool to Foster Employee Development in SMEs
Small and medium enterprises (SMEs) are independent entities which usually employ less than 50 employees; however, the number may vary as per the governing norms of the respective country.
Published in Chapter: Training as a Strategic HRM Tool to Foster Employee Development in SMEs; From: Handbook of Research on Strategies and Interventions to Mitigate COVID-19 Impact on SMEs
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