surryyy
  • surryyy
Describe how a business is classified within an industry. Explain the current system used to do this in the United States.
English
  • Stacey Warren - Expert brainly.com
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SOLVED
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katieb
  • katieb
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shreehari499
  • shreehari499
Oh...sry I hv no idea abt the case in the US .. Try tagging someone else
surryyy
  • surryyy
can u answer the first one?
shreehari499
  • shreehari499
Wait i''l try

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surryyy
  • surryyy
ok thank u.
shreehari499
  • shreehari499
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.
shreehari499
  • shreehari499
For example : 0100 till 0999 indicate Agri, Forestry and fishing
shreehari499
  • shreehari499
1000 till 1499 is the division Mining
surryyy
  • surryyy
ok thank u!
shreehari499
  • shreehari499
Is it satisfactory?
shreehari499
  • shreehari499
This is the current system in United States
shreehari499
  • shreehari499
@surryyy
surryyy
  • surryyy
yea sorry im here.
shreehari499
  • shreehari499
Just expand this and answer it completely. This is the same system in us
shreehari499
  • shreehari499
There are a lot of SIC codes
surryyy
  • surryyy
ok i understand. thnx!
shreehari499
  • shreehari499
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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