The Global IndustryClassificationStandard (GICS) is an industrytaxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. See full list on en.wikipedia.org GICS® is an industry analysis framework that helps investors understand the key business activities for companies around the world. MSCI and S&P Dow Jones Indices developed this classificationstandard to provide investors with consistent and exhaustive industry definitions. It was designed in response to the global financial community’s need for accurate, complete and standard industry definitions. The GICS structure consists of 11 Sectors, 24 Industry groups, 68 Industries and 157 sub-industries. The full GICS structure is detailed in the last section of this document. The GICS structure is: The Foodservice supply chain is known to be complex, dynamic, and consumer driven, but with the help of GS1 standards, the process becomes simplified. GS1 enables users to speak a common language and begin to share trusted information, which allows for stronger communication between trading partners, ultimately benefiting the consumer. Discover the Global IndustryClassificationStandard (GICS), a 4-level system by MSCI and S&P Dow Jones, classifying publicly traded companies to streamline investment decisions. How many food and beverage service industry classifications are there?Five of these six classifications are now part of the Food and Beverage Service Industry Group, which also includes the following classifications: For more information, educational resources and event news, visit the Food and Beverage Service Industry Classification Changes page.What is the Global Industry Classification Standard?The current implementation of The Global Industry Classification Standard, valid since , categorizes companies into: The classification is hierarchical, in that each sub-industry belongs to only one industry, each industry belongs to one industry group, and each industry group belongs to one sector.What is a GICs® classification system?GICS® is a four-tiered, hierarchical industry classification system. The four tiers are: Sectors, Industry Groups, Industries and Sub-Industries. All definitions are standardized and applied to companies globally. Each company is assigned a single GICS® classification in each of the four tiers, according to its principal business activity.What classifications are reassigned to a restaurant or a tavern?The recommendation was approved, and effective , any operations assignable to Classification 9079 (1), Restaurants or Taverns, are reassigned to one of the following six classifications (click each link for the full classification footnote): Energy Materials Capital Goods Commercial and Professional Services Transportation Automobiles and Components Consumer Durables and Apparel Consumer Services Media Retailing Food and Staples Retailing Food, Beverage, and Tobacco Household and Personal Products Healthcare Equipment and Services Pharmaceuticals, Biotechnology, and Life Sciences ... · Following the elimination of Classification 9079 (1), Restaurants or Taverns, this tool was created to help users navigate the reassignment of operations across six new classifications, effective . GICS® is an industry analysis framework that helps investors understand the key business activities for companies around the world. MSCI and S&P Dow Jones Indices developed this classificationstandard to provide investors with consistent and exhaustive industry definitions. The Foodservice supply chain is known to be complex, dynamic, and consumer driven, but with the help of GS1 standards, the process becomes simplified. GS1 enables users to speak a common language and begin to share trusted information, which allows for stronger communication between trading partners, ultimately benefiting the consumer. Discover the Global IndustryClassificationStandard (GICS), a 4-level system by MSCI and S&P Dow Jones, classifying publicly traded companies to streamline investment decisions. Energy Materials Capital Goods Commercial and Professional Services Transportation Automobiles and Components Consumer Durables and Apparel Consumer Services Media Retailing Food and Staples Retailing Food, Beverage, and Tobacco Household and Personal Products Healthcare Equipment and Services Pharmaceuticals, Biotechnology, and Life Sciences ... It was designed in response to the global financial community’s need for accurate, complete and standard industry definitions. The GICS structure consists of 11 Sectors, 24 Industry groups, 68 Industries and 157 sub-industries. The full GICS structure is detailed in the last section of this document. The GICS structure is:
