SIC Code 8742-49 - Management Research
Marketing Level - SIC 6-DigitUse Data For:
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SIC Code 8742-49 Description (6-Digit)
Management Research is a specialized field within the broader industry of Management Consulting Services. Companies in this industry provide research and analysis services to help organizations make informed decisions about their operations, strategies, and overall business performance. Management Research firms use a variety of data collection and analysis techniques to gather information about a company's internal operations, market trends, and competitive landscape. This information is then used to develop recommendations and strategies that can help the company improve its performance and achieve its goals.
Management Research firms work with a wide range of clients, including large corporations, small businesses, government agencies, and non-profit organizations. They may focus on specific industries or sectors, such as healthcare, finance, or technology, or they may provide more general consulting services across a variety of industries.
The work of a Management Research firm typically involves a combination of quantitative and qualitative research methods. Quantitative research involves the collection and analysis of numerical data, such as financial statements, market research surveys, and customer data. Qualitative research, on the other hand, involves the collection and analysis of non-numerical data, such as interviews, focus groups, and case studies.
Overall, the goal of Management Research is to help organizations make better decisions by providing them with accurate and actionable information about their operations, market, and competition. This can involve everything from identifying new growth opportunities to improving operational efficiency to developing new products and services.
Hierarchy Navigation for SIC 6-Digit Code 8742-49
Parent Code (less specific)
Tools
- SWOT Analysis
- Market Research Surveys
- Customer Satisfaction Surveys
- Financial Analysis
- Competitive Analysis
- Data Mining
- Focus Groups
- Case Studies
- Regression Analysis
- Decision Trees
- Scenario Planning
- Statistical Analysis
- Benchmarking
- Gap Analysis
- Risk Assessment
- Process Mapping
- Root Cause Analysis
- Brainstorming
- Mind Mapping
- Project Management Tools
Industry Examples of Management Research
- Healthcare Performance Management
- Supply Chain Optimization
- Marketing Strategy Development
- Financial Planning and Analysis
- Human Resources Consulting
- IT Strategy Consulting
- Organizational Change Management
- Risk Management Consulting
- Sustainability Consulting
- Mergers and Acquisitions Consulting
- Operations Improvement Consulting
- Customer Experience Consulting
- Sales Strategy Consulting
- Brand Strategy Consulting
- Product Development Consulting
- Data Analytics Consulting
- Strategic Planning Consulting
- Leadership Development Consulting
- Project Management Consulting
- Innovation Consulting
SIC Code 8742-49 - Management Research
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