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Product classification or product taxonomy is a type of economic taxonomy which organizes products for a variety of purposes. However, not only products can be referred to in a standardized way but also sales practices in form of the “Incoterms” and industries can be classified into categories. [1] Some standard product classifications include:
ECLASS (formerly styled as eCl@ss) is a data standard for the classification of products and services using standardized ISO-compliant properties. The ECLASS Standard enables the digital exchange of product master data across industries, countries, languages or organizations.
Originally, taxonomy referred only to the classification of organisms on the basis of shared characteristics. Today it also has a more general sense. It may refer to the classification of things or concepts, as well as to the principles underlying such work. Thus a taxonomy can be used to organize species, documents, videos or anything else.
Moreover, the precision demanded by science in the accurate naming of objects in the natural world has resulted in a variety of codes of nomenclature (worldwide-accepted sets of rules on biological classification). Taxonomy can be defined as the study of classification including its principles, procedures and rules, [36]: 8 while classification ...
Early taxonomy was based on arbitrary criteria, the so-called "artificial systems", including Linnaeus's system of sexual classification for plants (Linnaeus's 1735 classification of animals was entitled "Systema Naturae" ("the System of Nature"), implying that he, at least, believed that it was more than an "artificial system").
Most products fall into the search goods category (e.g. clothing, office stationery, home furnishings). Experience goods: those that can be accurately evaluated only after the product has been purchased and experienced. Many personal services fall into this category (e.g. restaurant, hairdresser, beauty salon, theme park, travel, holiday).
The Nice Classification is based on a multilateral treaty administered by WIPO. This treaty, consummated on 15 June 1957 in Nice, France, is called the "Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks". This Classification is commonly referred to as the "Nice ...
Product classifications (2 C, 17 P) Pages in category "Economic taxonomy" The following 7 pages are in this category, out of 7 total. ... Standard International Trade ...