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The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's activities within each sector changes.
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or ...
The company was established by the Government of India as Maruti Udyog Limited in February 1981 as a joint venture with Suzuki, the latter becoming the first Japanese automaker, as well as the first major foreign automaker, to invest in India. [8] [9] [10] Maruti opened its first production facility in Gurugram, Haryana, in 1982. [11]
The Joint Commission is one of the most widely used accreditation organizations. The International Society for the Quality in Healthcare (ISQua) is the umbrella organization responsible for accrediting the Joint Commission accreditation scheme in the US and Accreditation Canada International, as well as accreditation organizations in the United ...
Ministry of Commerce & Industry D/o Commerce: Services Trading & Marketing Miniratna Category - I 176 Steel Authority of India Limited: 1973 Ministry of Steel: Manufacturing Steel Maharatna 177 Talcher-II Transmission Company: 2007 Ministry of Power: New Delhi: 178 Tamil Nadu Trade Promotion Organisation: 2000 Ministry of Commerce & Industry D ...
Arla Foods is a Swedish-Danish cooperative based in Aarhus, Denmark, and the largest producer of dairy products in Scandinavia.; Coop Norden (Coop Nordic) was a joint Scandinavian purchasing company that in 2007 dissolved and devolved to the constituent national cooperatives.
There are many industry classifications in the modern economy, which can be grouped into larger categories called economic sectors. Sectors are broader than industry classifications. For example, the retail trade sector contains industries such as clothing stores, shoe stores, and health and personal care stores. Companies are not limited to ...