Danielle
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Hmmm... In the corporate world, it usually means Subject Matter Expert. Don't know if this applies in the context in which you've seen it, but hope this helps. |
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Shiv Rana
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Small and Medium Enterprises (SMEs) |
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AnswerIsTheQuestion
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SMEs stands for Subject Matter Experts or Small and Medium Enterprises. If this is related to economy, probability of latter being applicable is higher. |
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blacksheep
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It is Small & Medium Enterprises |
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Finance Learner
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SMEs stands for Small & Medium Enterprises. These are Industrial Units as defined in the Schedule I of the Factories act of 1948, with investment in Plant & Machinery not exceeding Rs.50 Million (5 Crore).
These units generally get special incentives from the goverment because the promote industrial growth, create employment & lay the foundation for large scale enterprises. |
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cnkhadga
 |
Small and Medium scale Entreprises. |
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mallix
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"Small and Medium Enterprises" Refers to organizations that are larger than SOHOs (small office/ home office) and smaller than the Fortune 1000. The size is subjective ranging from approximately 25 to 500 employees. |
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William E
 |
It means "Small and Medium Enterprises".
India is booming in these right now. |
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deepak c
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sme means small and medium enterprises. |
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surez
 |
SMEs are nothing but Small & Medium Enterprises
Its all american acronyms that's become a fashion in India now.
Its nothing new for us to learn.
But its for the IMF monitoing team in India to understand
and also for the so called foreign investors to understand
SMEs were there in the past and will be there in future also
They are nothing but the old terminologies relating to Small Scale Industries and the Medium Scale Industries.
Their definition is based on the size of th business
in terms of
investments made in Plant & Machinery (they being the most important factor of production)
and the annual production or turnover.
What is an SME in India?
In the Indian context, primarily the concept of Small Scale Industry has been in vogue and the medium enterprise definition is of more recent origin.
An SSI is defined on the basis of limit of historical value of investment in plant & machinery, which at present is upto Rs.10 million.
However, in respect of some specified items, this investment limit has been hiked to Rs.50 million.
For the recently announced Small and Medium Enterprises Fund, the Govt. has approved the limit of investment in plant and machinery above Rs.10 million and upto Rs.100 million for defining a unit as a Medium Enterprise.
Amongst the developing countries, India has been the first to display special consideration to SSIs and basic focus has been to make economical use of capital and absorb the abundant labour supply in the country.
In India, SME sector is the second largest manpower employer, after agriculture and the output from the SSI sector alone constitutes 40 percent share of the value added in the manufacturing sector and one third of national exports.
Within the SME sector, the small sector serves as a green field for nurturing of entrepreneurial talent and helping the units to grow in to medium and large size.
The promotion of SMEs, therefore, becomes a major area for policy focus, both in developed as well as developing countries.
!!! |
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thirsty4knowledge
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SME's ,abb. for Small & Medium Enterprises.If the capitalization of an enterprise is less than Rs.5 crores it is a small ent. , and if the capitalization is less than Rs.25-30 crores it is a medium enterprise.The SMEs play and important role in the Indian economy and they accont for 80 % of the employment . |
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Santosh
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SME stands for 'Small and Medium Enterprises'. They mostly conprise of first generation start-ups looking out for funding requirements for meeting working capital and funds for expansion. In India ICICI Bank, IDBI Bank and other leading private sector banks have been agressively targeting such entities by lending loans, acquiring stakes in them to seed entreprenurism . |
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khadija k
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small management enterprises |
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