Enterprise Flashcards
1
Q
Enterprise
A
When an entrepeneur takes a risk and runs a business selling goods and services
2
Q
SME
A
Employ fewer than 250
Annual turnover less than 50 million Euro
3
Q
Primary Sector
A
Raw material extraction
4
Q
Secondary Sector
A
Manufacturing
5
Q
Tertiary Sector
A
Services
6
Q
Quaternary Sector
A
IT
7
Q
Importance of SMEs
A
99% of all UK businesses are SMEs