In this era of data-driven economy, it is a necessity to distinguish and categorize business to comply with regulatory requirements, market research, and business-related decision-making. Standardized ...

Researching competitors is always necessary when making decisions about market placement, advertising or identifying a target audience. The Securities and Exchange Commission's (SEC) Electronic Data ...

Standard Industrial Classification (SIC) codes were routinely used in the United States to unambiguously identify industry categories for individual companies and facilities. SIC codes were later ...

Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Dr. JeFreda R. Brown is a financial consultant, ...

Standard industrial classification (SIC) plays an important part in labelling a company’s operations appropriately to communicate what they do. A standard industrial classification code is used as a ...

The industry in which your company conducts business activities changes your tax liabilities, potential for funding and grants, and the types of investors/stakeholders you attract. The official way of ...