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What does "sme business" mean?



 
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What does "sme business" mean? #1 (permalink) Tue May 05, 2009 6:58 am   What does "sme business" mean?
 

Business English Lesson, Advanced Level

ESL/EFL Test #494 "Security Offers", question 8

Most SME businesses looking for venture money aren't going to find big firms interested in what they're doing, and that's where the ......... venture capital market becomes critical; this highly elusive source of financing is very unstructured and largely informal, comprising a diverse set of high net worth individuals.

(a) clandestine
(b) confidential
(c) intangible
(d) invisible

Business English Lesson, Advanced Level

ESL/EFL Test #494 "Security Offers", answer 8

Most SME businesses looking for venture money aren't going to find big firms interested in what they're doing, and that's where the invisible venture capital market becomes critical; this highly elusive source of financing is very unstructured and largely informal, comprising a diverse set of high net worth individuals.

Correct answer: (d) invisible
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what is sme business?

Mirko
Mirko
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What does "sme business" mean? #2 (permalink) Tue May 05, 2009 8:33 am   What does "sme business" mean?
 

.
SME = Small and Medium Enterprises
.
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