- Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals.
- Financial businesses include banks and other companies that generate profit through investment and management of capital.
- Information businesses generate profits primarily from the resale of intellectual property and include movie studios, publishers and packaged software companies.
- Manufacturers produce products, from raw materials or component parts, which they then sell at a profit. Companies that make physical goods, such as cars or pipes, are considered manufacturers.
- Real estate businesses generate profit from the selling, renting, and development of properties comprising land, residential homes, and other kinds of buildings.
- Retailers and distributors act as middle-men in getting goods produced by manufacturers to the intended consumer, generating a profit as a result of providing sales or distribution services. Most consumer-oriented stores and catalog companies are distributors or retailers.
- Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses, or consumers. Organizations ranging from house decorators to consulting firms, restaurants, and even entertainers are types of service businesses.
- Transportation businesses deliver goods and individuals from location to location, generating a profit on the transportation costs.
- Utilities produce public services such as electricity or sewage treatment, usually under a government charter.
There are many other divisions and subdivisions of businesses. The authoritative list of business types for North America is generally considered to be the North American Industry Classification System, or NAICS. The equivalent European Union list is the Statistical Classification of Economic Activities in the European Community (NACE).Mill,
Read more about this topic: Business
Other articles related to "classifications, classification":
... entry into WWII, Britain changed its security classifications to match American classifications ... Prior to the U.S.'s coming into the war, the classifications included the top classification "Most Confidential" ... However, these British classifications were not understood in the U.S ...
... Miller 2000, 2000 ... Tour de Langkawi - 54th in General Classifications (Yellow Jersey) 30th in Points (Sprint) Classifications (Green Jersey) 2001 ...
... been evaluated, responders use the START classifications to determine priorities for treatment or evacuation to a hospital ... The most basic way to use the START classifications is to transport victims in a fixed priority manner immediate victims, followed by delayed victims, followed by the walking wounded ... More detailed secondary triage systems such as SAVE may also be used in this case, the START classifications are used to determine the order in which victims should undergo secondary triage ...
... Classifications of #1 are Beginners, #2 are Rookies, #3 and #4 are for participants of Novice ability, classifications of #5 and #6 for amateur ...
... Athletes are allocated a classification for each event based upon their disability to allow fairer competition between athletes of similar ability ... The classifications for swimming are Visual impairment S11-S13 Other disability S1-S10 (Freestyle, backstroke and butterfly) SB1-SB9 (breaststroke) SM1-SM10 (individual medley ...