In most cases, school bus body companies function as second stage manufacturers. However, some school buses (typically those of Type D configuration) have both the body and chassis produced from a single manufacturer. In 2013, 36,073 school buses were sold in North America, a 12.6% increase over 2012.
Definition of a Subject Matter Expert. When an organization needs to create training materials, a subject matter expert (SME) is an important part of the team. An SME has proficiency in his or her subject and guides other professionals on the project to ensure the content is accurate. The proficiency generally comes from education and experience.
SME definition. The European Commission Recommendation 2003/361 sets out the main factors for determining whether a company is an SME; number of employees and either turnover or balance sheet total.The SME definition is important as there are a couple of benefits for a company if it meets the criteria:his would prohibit these companies from receiving aid in the form of grants or tax breaks where SME status is a condition. The SME definition is also increasingly cross-referenced in EU regulation. The AIFMD provides an exemption for SMEs from certain disclosure and asset stripping requirements.