Classification Systems

• There are several types of classification systems of goods and services.
  • Each is different in format and purpose.

• Three classification systems that wil help you conduct an effective market research are:
  • Harmonized System
    • In the United States it is also known as "Schedule B"
  • Standard International Trade Classification, Revision 3
    • Provides international trade statistics on all merchandise entering international trade.
  • North American Industry Classification System (NAICS)
    • Provides comparable statistics about business activity across North America.

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© 2004 - 2009 John Michael Pierobon

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