Why might a retailer be interested in using the Census of Retail Trade, which classifies retailers according to the North American Industry Classification System (NAICS) codes?

What will be an ideal response?


A retailer that wants to identify direct competition can find other firms that are classified by the same NAICS codes.

Business

You might also like to view...

Parallel or concurrent tasks are tasks that be done at the same time.

Answer the following statement true (T) or false (F)

Business

Which of the following is true?

a. Trading securities can be classified as current or noncurrent depending on management's intent. b. Held-to-maturity securities should not be classified as current under any circumstance. c. Available-for-sale securities can be classified as current or noncurrent depending on management's intent. d. Trading securities should not be classified as current under any circumstance.

Business

Research on leadership shows that having higher-quality work relationships with followers relates to ______.

A. decreased job satisfaction B. increased organizational commitment C. decreased empowerment D. increased diversity

Business

Lako Systems is calculating the firm's training costs. While they were able to easily account for the direct costs of the programs, their calculations were somewhat misleading because they left out the indirect costs associated with

A. lost productivity. B. employee travel. C. trainers' salaries. D. meeting site fees.

Business