Welcome to the HPU Libraries' BUA 2990 course guide.
COURSE: Business Communications and Professional Development. Emphasizes the fundamentals of communication and professionalism that are essential for success in business. Classroom instruction and practice will include written, oral, and interpersonal/g
Public companies issue stock that may be traded on one of the open exchanges. These companies are required to file financial information with the Securities and Exchange Commission (SEC) in the form of a 10-K report. They also issue an annual report for their stockholders. They have a ticker symbol.
Private companies have a limited number of shareholders, do not issue stock and do not have to publicly disclose financial information. There are only 18,000 to 19,000 private companies.
Subsidiaries are a part of a parent company. Separate financial information may or may not be available.
NAICS codes, (North American Industry Classification System Codes) are a classification system used to define industry by numerical codes. They are used as a benchmark to record numerical data about an industry. These codes are usually 6 digits long. Codes are revised every year or so to reflect changes in the market.
SIC Codes (Standard Industrial Classification Codes) are from the older system that was developed at the end of the Great Depression. These codes are usually 4 digits long. Companies will have primary and secondary codes.