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About our Classification Section:  Management of Companies and Enterprises |
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- Management of Companies and Enterprises
The Section as a Whole
The Management of Companies and Enterprises Section comprises
(1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or
(2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.
Establishments in this Section perform essential activities that are often undertaken, in-house, by establishments in many Sections of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved.
Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Section, Public Administration. Establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics are classified in Industry, Office Administrative Services.
Management of Companies and Enterprises
Industries in the Management of Companies and Enterprises Sub-Section include three main types of establishments:
- those that hold the securities of (or other equity interests in) companies and enterprises;
- those (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise but do not hold the securities of these establishments; and
- those that both administer, oversee, and manage other establishments of the company or enterprise and hold the securities of (or other equity interests in) these establishments.
Those establishments that administer, oversee, and manage normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise.
Management of Companies and Enterprises
This industry comprises: (1) establishments primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions or: (2) establishments (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise.
Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.
- Included in the Management of Companies and Enterprises Section:
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