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)!
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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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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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
SMEs contribute over {{blank0}}% of private sector employment in the UK and generate about {{blank1}}% of total turnover.
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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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What type of business would NOT qualify as an SME?
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