Business Taxonomy Construction

The construction of a business taxonomy refers to the process of building a business classification system, which aims to categorize and organize business activities through systematic methods to achieve data standardization and business process optimization. This process involves in-depth analysis of business domains to ensure the accuracy and comprehensiveness of the classification, thereby supporting corporate decision-making. A well-constructed business taxonomy can improve internal information management efficiency, facilitate cross-departmental collaboration, enhance compliance with external regulations, and provide a structured data foundation for market analysis and competitive intelligence.