A small and medium sized enterprises $($SMEs$)$ is a$/$an:

a$)$ home grown businesses seeking to significant competitive advantage from the use of resources and sales outputs in multiple countries.

b$)$ operation in several countries but managed in one "home" country.

c$)$ organizations smaller than $500$ that constitutes more than $$50\backslash \%$ $ or world$-$wide employment. d$)$ All of the above