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 ...

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, ...

New classifications will "allow the government, investors, and policymakers to properly understand the industry's economic ...