Parties: represents all parties the enterprise conducts business with such as customers, prospects, individuals, suppliers, partners, etc.
Places: represents the physical places and their segmentations such as geographies, locations, subsidiaries, sites, areas, zones, etc.
Things: usually represents what the enterprise actually sells such as products, services, packages, items, financial services, etc.
Financial and Organizational: represents all roll-up hierarchies used in many places for reporting and accounting purposes such as organization structures, sales territories, chart of accounts, cost centers, business units, profit centers, price lists, etc.
