Quiz

Quiz: What SMEs Are

WJEC Eduqas GCE A LEVEL in BUSINESS specification

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Building on what you've learned about enterprise, let's test your knowledge of SMEs (Small and Medium-sized Enterprises)!

Multiple ChoiceInteractive

What does SME stand for?

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An SME is defined as a business with fewer than {{blank0}} employees and a turnover of less than £{{blank1}} million.

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Multi-SelectInteractive

Which of the following are examples of SMEs? (Select all that apply)

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Match the items on the left with their correct pairs on the right

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Multiple ChoiceInteractive

Why are SMEs important to the UK economy?

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Match the items on the left with their correct pairs on the right

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SMEs contribute over {{blank0}}% of private sector employment in the UK and generate about {{blank1}}% of total turnover.

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Multiple ChoiceInteractive

Which of these is NOT a characteristic of SMEs?

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What are some challenges faced by SMEs? (Select all that apply)

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Multiple ChoiceInteractive

What type of business would NOT qualify as an SME?

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