An organizational structure used to classify a broad range of concepts into categories and establish the relationships between these categories.
Formally, a taxonomy comprises a hierarchy and a schema, though the term taxonomy often refers to the hierarchy alone. The purpose of developing a taxonomy with respect to product information is to organize product data, discover new relationships through the development process, and to improve the search for product information within a given system. An organizational structure alone, the taxonomy attains value through its implementation, i.e. the classification of items to categories and the filling of values in the schema.
Application Programming Interface