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| Better access to information can improve all aspects of a business, from forecasting and decision making to sales and customer service. A taxonomy aids information retrieval for both customers and employees by organizing business information into categories and subcategories. Implementing an effective taxonomy requires a dual focus on both business requirements and technical execution, and a considerable investment of time and resources. Taxonomy management software can reduce the time and labor involved in creating, applying, and maintaining a taxonomy by automating many of the tasks involved. |
