The North American Industry Classification System (NAICS) provides common industry definitions to facilitate the measurement of economic activity for the member countries of the

A. World Trade Organization (WTO).
B. United Nations (UN).
C. North American Free Trade Agreement (NAFTA).
D. European Union (EU).
E. North Atlantic Treaty Organization (NATO).


Answer: C

Business

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The Pareto principle is best applied to which of the following inventory systems?

A. EOQ B. Fixed-time-period C. Single-period ordering system D. Fixed-order quantity E. ABC classification

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Which of the following is true of pioneering advertising?

a. It offers consumers in-depth information about the benefits of a new product. b. It is highly used during the growth stage of the product life cycle. c. It focuses on influencing demand for a specific brand. d. It is used mainly to compare brands on one or more specific attributes.

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________ is the code that was drafted by the National Conference of Commissioners

Fill in the blanks with correct word

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A Gantt chart represents mainly:

A) an immediate identification of predecessor task. B) a record-keeping device used in scheduling activities. C) a general identifier. D) the number of workers directly involved in the project.

Business