Which of the following statements is true of the North American Industry Classification System (NAICS)?
A. It was developed by the Federal Trade Commission (FTC).
B. It is a classification system developed by the United States.
C. It uses an eight-digit classification system.
D. It is limited in its use to only manufacturing companies.
E. It was created to collect data on North America's business activity.
Answer: E
You might also like to view...
London's Sunday Times reported that Mecca-Cola has become the drink which has come to be seen as "politically preferable" to Pepsi or Coke in many Muslim countries
Also, Danish products were boycotted in many Islamic countries in protest of an offensive cartoon that was printed in Danish newspapers. Considering these two examples, show how religion can have an impact on marketing.
How can a salesperson add value to the transaction for a retail outlet buying the organizers to resell to customers?
A) by giving the outlet the same price rival calendars charge B) by helping the outlet place the order for the organizers C) by providing a free display stand and benefits list to outlets to help them sell D) by delivering the organizers to the outlets E) by penalizing outlets that do not sell many organizers with a smaller discount off retail price
Creativity is defined as:
a. something that is both novel and useful. b. a process that uses divergent thinking. c. a process that uses convergent thinking. d. all of the above are true.
The promotional mix elements that should be emphasized for products moving into the growth stage of the product life cycle are:
a. public relations and reminder advertising. b. sales promotion and public relations. c. personal selling and persuasive advertising. d. sales promotion and personal selling.