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Detailed structure and explanatory notes

ISIC Rev.4 code 7020


  • Section: M - Professional, scientific and technical activities
  • Division: 70 - Activities of head offices; management consultancy activities
  • Group: 702 - Management consultancy activities
  • Class: 7020 - Management consultancy activities

Explanatory note

This class includes the provision of advice, guidance and operational assistance to businesses and other organizations on management issues, such as strategic and organizational planning; decision areas that are financial in nature; marketing objectives and policies; human resource policies, practices and planning; production scheduling and control planning.

This provision of business services may include advice, guidance or operational assistance to businesses and the public service regarding:
- public relations and communication
- lobbying activities
- design of accounting methods or procedures, cost accounting programmes, budgetary control procedures
- advice and help to businesses and public services in planning, organization, efficiency and control, management information etc.

This class excludes:
- design of computer software for accounting systems, see 6201
- legal advice and representation, see 6910
- accounting, bookkeeping and auditing activities, tax consulting, see 6920
- architectural, engineering and other technical advisory activities, see 7110, 7490
- advertising activities, see 7310
- market research and public opinion polling, see 7320
- executive placement or search consulting services, see 7810
- educational consulting activities, see 8550

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