The North American Industry Classification System (NAICS) designates industries with a numerical code in a defined structure. A six-digit coding system is used. The fourth digit designates a(n)
A. specific industry.
B. industry group.
C. individual country-level national industry.
D. sector of the economy.
E. industry subsector.
Answer: B
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Pricing cues such as sale signs and prices that end in 9 are more influential ________
A) when customers have substantial knowledge about prices B) when customers purchase the particular item regularly C) when product quality is standardized D) when product designs vary over time E) when prices do not vary from time to time
Which of the following statements is CORRECT?
A. Projects with "normal" cash flows can have two or more real IRRs. B. Projects with "normal" cash flows must have two changes in the sign of the cash flows, e.g., from negative to positive to negative. If there are more than two sign changes, then the cash flow stream is "nonnormal." C. The "multiple IRR problem" can arise if a project's cash flows are "normal." D. Projects with "nonnormal" cash flows are almost never encountered in the real world. E. Projects with "normal" cash flows can have only one real IRR.
Malcolm buys overrun clothing from factories around the South. He sells the clothes to discount retailers. Malcolm is a
A. producer. B. factory agent. C. consumer. D. manufacturer. E. reseller.
A basic benefits package that is typically offered to employees usually includes life and health insurance, sick leave, and vacation.
Answer the following statement true (T) or false (F)