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The North American Industry Classification System or NAICS (/ n eɪ k s /) [1] is a classification of business establishments by type of economic activity (the process of production). It is used by governments and business in Canada , Mexico , and the United States of America .
Thus, the Standard Industrial Classification system was born. SIC codes are four-digit numerical representations of major businesses and industries. SIC codes are assigned based on common characteristics shared in the products, services, production and delivery system of a business.
The Refinitiv Business Classification: Refinitiv: market/ company 10 digits 13/33/62/154/898 [7] 2004, 2008, 2012, 2020 [8] UKSIC United Kingdom Standard Industrial Classification of Economic Activities: Government of the United Kingdom 1948–present (2007) UNSPSC United Nations Standard Products and Services Code: United Nations: Product
NAPCS is a multi-phase effort by Canada, Mexico, and the United States to develop a comprehensive list of products, product definitions, and product codes that will be organized into an integrated demand-based classification framework that classifies both goods and services according to how they are principally used.
If a business sells both services and products, the MCC typically reflects the business type that makes up the dominant proportion of its sales. ... Merchant code range. Business type. 0001–1499 ...
The Refinitiv Business Classification (TRBC) is an industry classification of global companies. It was developed by the Reuters Group under the name Reuters Business Sector Scheme (RBSS), [1] [2] [3] was rebranded to Thomson Reuters Business Classification (TRBC) when the Thomson Corporation acquired the Reuters Group in 2008, forming Thomson Reuters, and was rebranded again, to The Refinitiv ...
The International Standard Industrial Classification of All Economic Activities (ISIC) is a United Nations industry classification system. Wide use has been made of ISIC in classifying data according to kind of economic activity in the fields of employment and health data.
5-Digit Class-Item Code The 5-Digit class-item Code is an expanded version of the 3-Digit class Code. Currently, it contains over 8,700 descriptions. Currently, it contains over 8,700 descriptions. This level categorizes vendors by class-item to allow your procurement software to automate bidder selection, produce no-bid response reports ...