- CFA Exams
- CFA Level I Exam
- Study Session 13. Equity Investments (2)
- Reading 40. Introduction to Industry and Company Analysis
- Subject 3. Industry Classification Systems
CFA Practice Question
Which commercial classification system classifies companies based on their primary business activity?
A. GICS
B. RGS
C. ICB
Explanation: The Global Industry Classification System (GICS) assigns each company to a sub-industry according to its principal business activity.
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