A small and medium-sized enterprise (SME) is legally independent enterprise with _____ employees.
A) up to 500
B) more than 500 but less than 1000
C) more than 1000
D) up to 700

Question

Quizplus · Accepted Answer

According to the European Union definition, a small and medium-sized enterprise (SME) is an enterprise with up to 250 employees and a turnover of up to €50million OR a balance sheet of up to €43million. In the United States, an SME is defined as a company with up to 500 employees. Therefore, option A "up to 500" is the correct answer.

A Small and Medium-Sized Enterprise (SME) Is Legally Independent Enterprise