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Q: Classification of business by nature of business?
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In Australia the business classification system is known as the ANZSIC system of classification for industry. (Australian and New Zealand Standard Industrial Classification). They are classified according to sections, then the sections have a number or industries in them. The sections are named from A-Q. E.g Section H - Education. With size, it is classified from minute - small business - medium business - and large business. They are put into these categories into which of how much money they handle per month. In Australia the business classification system is known as the ANZSIC system of classification for industry. (Australian and New Zealand Standard Industrial Classification). They are classified according to sections, then the sections have a number or industries in them. The sections are named from A-Q. E.g Section H - Education. With size, it is classified from minute - small business - medium business - and large business. They are put into these categories into which of how much money they handle per month.