Enterprise Flashcards

1
Q

Enterprise

A

When an entrepeneur takes a risk and runs a business selling goods and services

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2
Q

SME

A

Employ fewer than 250
Annual turnover less than 50 million Euro

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3
Q

Primary Sector

A

Raw material extraction

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4
Q

Secondary Sector

A

Manufacturing

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5
Q

Tertiary Sector

A

Services

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6
Q

Quaternary Sector

A

IT

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7
Q

Importance of SMEs

A

99% of all UK businesses are SMEs

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