ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following would not be a common characteristic of a SME?
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Personalised service
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Independently operated
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Large share of total industry output
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Bulk of capital provided by owner
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Explanation:
Detailed explanation-1: -SMEs incorporate all of the small and medium sized enterprises such as industrial, service, commercial and agricultural ones and are divided into Micro, Small and Medium enterprises based on factors such as employed number of human resources.
Detailed explanation-2: -SMEs are further subdivided into micro enterprises (fewer than 10 employees), small enterprises (10 to 49 employees), medium-sized enterprises (50 to 249 employees).
Detailed explanation-3: -Vision And Leadership. Good leaders have a clear vision for their business. Strategic Focus. Culture Of Innovation. 26-Nov-2019
There is 1 question to complete.