Describe how a business is classified within an industry. Explain the current system used to do this in the United States.

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Describe how a business is classified within an industry. Explain the current system used to do this in the United States.

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Oh...sry I hv no idea abt the case in the US .. Try tagging someone else
can u answer the first one?
Wait i''l try

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ok thank u.
So as far as the knowledge i have earned from wikipedia is that a standard industrial classification is a system for classifying industries by a four-digit code, and it was started in the US. The first 3 digits of the SIC code indicate the industry group, and the first two digits indicate the major group.
For example : 0100 till 0999 indicate Agri, Forestry and fishing
1000 till 1499 is the division Mining
ok thank u!
Is it satisfactory?
This is the current system in United States
yea sorry im here.
Just expand this and answer it completely. This is the same system in us
There are a lot of SIC codes
ok i understand. thnx!
Good luck! For more information i suggest you to go through this link: http://siccode.com/en/pages/what-is-a-sic-code HAppy OpenStudying!

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