Create Byline Establishment with airSlate SignNow

Create byline establishment

[Music] [Applause] [Music] hello and welcome to the next code tutorial series by class codes this series is designed to help you become an Xcode expert showing here is a list of all the videos in this series we have provided links to all of these videos in the description below today we'll be going over the definition of the establishment Naik's is a classification system for establishments the establishment is defined as the smallest operating entity for which records provide information on the cost of inputs capital labor energy materials and services employed to produce the units of output the output may be sold to other establishments and receipts or sales recorded or the output may be provided without explicit charge that is the good or service may be sold within the company itself the establishment is generally a single physical location where business is conducted or where services or industrial operations are performed for example a factory mill store hotel movie theater mine farm airline terminal sales office warehouse or central administrative office there are cases where records identify distinct and separate economic activities performed at a single location such as shops in a hotel these retailing activities operated out of the same physical location as the hotel are identified as separate establishments and classified in retail trade while the hotel is classified in accommodation in such cases each activity is treated as a separate establishment provided that no one industry description in the classification includes such combined activities that separate reports can be prepared on the number of employees their wages and salaries sales or receipts and expenses and that employment and output are significant for both activities exceptions to the single location exist for physically dispersed operations such as construction transportation and telecommunications for these activities the individual sites projects fields networks lines or systems of such dispersed activities are not normally considered to be establishments the establishment is represented by those relatively permanent main or branch offices terminals stations and so forth that are either one directly responsible for supervising such activities or to the base from which the personnel operate to carry out those activities although an establishment may be identical with the enterprise the two terms should not be confused an enterprise may consist of more than one establishment such multi-unit enterprises may have establishments in more than one industry in Naik's if such enterprises have a separate establishment primarily engaged in providing headquarters services these establishments are classified in Naik's sector 55 management of companies and enterprises although all establishments have output they may or may not have receipts in large enterprises it is not unusual for establishments to exist solely to serve other establishments of the same enterprise in such cases these units often do not collect receipts from establishments they serve this type of support activity is found throughout the economy and involves goods producing activities as well as services units that carry out support activities for the enterprise to which they belong are classified to the extent feasible according to the Naik's code related to their own activity this means that warehouse is providing storage facilities to their own enterprise will be classified as warehouses if you have any questions regarding this video please ask in the comment section below and of course likes are very much appreciated thank you so much for watching now that you've learned about the definition of the establishment you can continue your journey to become an Xcode expert by watching the next video in this series determining the industry classification of an establishment [Music]