The NAICS defines 300 major business sectors that cover all of North America.
Answer the following statement true (T) or false (F)
False
The NAICS has been expanded to include businesses in Mexico and Canada. NAICS defines 20 major business sectors based on a six-digit hierarchical code. The first five digits are standardized across Mexico, Canada, and the United States, while the sixth digit enables countries to adjust the code to fit the country's own unique economic structure.
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The purchase price of commercial food grinders has a relative importance of 30. Your food grinder has a purchase price rating of 6, and three of your competitors have a rating of 4, 3, and 5
What is your relative advantage with regards to the purchase price of your product? A) 30 B) 180 C) 20 D) 60 E) 6
In order to promote ethical cultures, companies should do all of the following EXCEPT ________
A) disseminate a written code of ethics B) build a company tradition of ethical behavior C) hold people responsible for observing ethical and legal guidelines D) ensure every employee knows and observes relevant laws E) encourage business practices that are not clearly ethical or unethical
The holder, or payee, of a dishonored note should transfer the total amount due, including interest income, from Notes Receivable to an individual account receivable for the debtor
Indicate whether the statement is true or false
An investment produced annual rates of return of 5%, 12%, 8% and 11% respectively over the past four years. What is the (sample) standard deviation of these returns?
A) 2.7% B) 3.2% C) 3.6% D) 3.8%