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Business taxonomy

Synonyms: Corporate taxonomy

The business or corporate taxonomy is the hierarchical classification of entities of interest of an enterprise, organization or administration, used to classify documents, digital assets and other information. Taxonomies can cover virtually any type of physical or conceptual entities (products, processes, knowledge fields, human groups, etc.) at any level of granularity. A corporate taxonomy is usually the fruit of a large harmonization effort involving most departments of the organization. A business taxonomy is often developed, deployed and fine tuned over the years, while setting up knowledge management systems, in order to assure the survival and good use of valuable corporate know-how. (Source: