At top-tier business schools, students learn about multinational companies in various industries via seminars, guest lectures, case studies, and company visits. But missing are efforts to help students learn about small and medium-sized companies. This is a gap that must be filled.
In the UK, for example, SMEs represent 99.9 per cent of businesses, and account for 60 per cent of private-sector employment and 51 per cent of private-sector turnover, according to the Federation of Small Businesses.
In France, the picture is similar: SMEs represent 99.9 per cent of all enterprises and provide about two in three jobs.
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