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INDUSTRY CATEGORY 1MARGIN MARGINAL LOAN APPLICATION INDUSTRY CATEGORY AND INDUSTRY TYPE CLASSIFICATION AND INDUSTRY TYPE CLASSIFICATION A list of eligible Industry Category and Industry Types are
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How to fill out industry category?

01
Start by researching the specific guidelines or instructions provided for filling out the industry category. These guidelines can vary depending on the platform or application you are using.
02
Determine the primary industry or sector that your business or organization operates in. This could be manufacturing, retail, finance, healthcare, technology, etc.
03
Consider any subcategories or niche segments within your industry that are relevant to your business. For example, if your business is in the healthcare industry, you might specify whether it is focused on medical equipment, pharmaceuticals, or healthcare services.
04
Review industry classification systems such as the North American Industry Classification System (NAICS) or Standard Industrial Classification (SIC) codes. These systems categorize businesses based on their economic activity and can provide further guidance on selecting the appropriate industry category.
05
Select the industry category that best represents your business, taking into account the guidelines, subcategories, and classification systems mentioned earlier.

Who needs industry category?

01
Businesses or organizations that are registering or creating profiles on various online platforms typically need to provide an industry category. This helps categorize and classify them appropriately so that they can be found and targeted by relevant individuals or businesses.
02
Investors or financial institutions may require an industry category when evaluating businesses for investment or loan purposes. This information helps them assess the potential risks and opportunities associated with a particular industry.
03
Researchers and analysts may use industry categories to study trends, conduct market research, or analyze the performance of specific sectors within the economy.
04
Government agencies or regulatory bodies may require businesses to provide an industry category for compliance purposes, statistical reporting, or to monitor specific industries for regulatory purposes.
In summary, filling out the industry category involves understanding the guidelines, selecting the appropriate category based on your business or organization's primary industry and any relevant subcategories or classification systems. This information is needed by various stakeholders such as online platforms, investors, researchers, and government agencies for different purposes.
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Industry category refers to the classification of businesses based on the type of industry they operate in.
All businesses are required to file industry category in order to accurately classify their industry sector.
Industry category can be filled out by selecting the appropriate classification based on the primary activities of the business.
The purpose of industry category is to provide accurate data on the types of industries operating in the economy for statistical and regulatory purposes.
Businesses must report their primary activities, products or services offered, and main industry sector.
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