What is ISIC4?
Introduction. The National Classification for the Economic Activities is derived from the International Standard Industrial Classification of All Economic Activities, forth version (ISIC4) and issued by the United Nations Economic and Social Council.
What are the group of classification of an economy called?
Answer: Economic activities are broadly grouped into primary, secondary, tertiary activities. Higher services under tertiary activities are again classified into quaternary and quinary activities.
What is a NACE certification?
The NACE International Institute (also known as the NII) provides certifications that help promote public safety and protect the environment while reducing the environmental economic impact of corrosion. NACE was established in 1943 for the corrosion control industry.
What is the purpose of NACE rev 2?
198NACE Rev. 2 – Statistical classification of economic activites in the European Community. NACE Rev. 2 – Structure and explanatory notes – repair of steel shipping drums – repair and maintenance of steam or other vapour generators – repair and maintenance of auxiliary plant for use with steam generators: .
Which is the highest level of NACE classification?
NACE (Nomenclature of Economic Activities) is the European statistical classification of economic activities. It consists of an alphanumeric designation of the form DNN.N.N, where D stands for a capital letter A-Z and N are digits 0-9. The system is hierarchical: at the highest level are broad industrial sectors such as Manufacturing…
What does Nace stand for in economic category?
NACE (Nomenclature of Economic Activities) is the European statistical classification of economic activities. NACE groups organizations according to their business activities.