Taxonomy Definition In Business
Economic taxonomy a system of classification for economic activity global industry classification standard an industry taxonomy developed by msci and standard poor s s p.
Taxonomy definition in business. Taxonomy software classifies documents according to their content on the basis of customized criteria established based on the organization s business industry and more which are run against the documents themselves. When information is organized and indexed in a taxonomy users can find what they need by starting with a general topic at a high level and then drilling down through subcategories to find more specialized information. A taxonomy is a good way to make accumulated information accessible and usable. Corporate taxonomy the hierarchical classification of entities of interest to an enterprise organization or administration.
The systematic classification of organisms into hierarchical groups or taxa. Taxonomy is a knowledge organization system kos or a set of elements often structured and controlled which can be used for describing indexing objects browsing collections etc w3c org taxonomy is a classification of products. Science of orderly classification of items related to one another in an actual or presumed manner into distinct groups. The science or technique of classification.
The science dealing with the description identification naming and classification of organisms. A system for naming and organizing things especially plants and animals into groups that share. Taxonomy from greek taxis meaning arrangement or division and nomos meaning law is the science of classification according to a pre determined system with the resulting catalog used to provide a conceptual framework for discussion analysis or information retrieval. Without a taxonomy to properly classify text information that organizations manage could easily be a burden rather than a benefit.