Which of the following statements about manufacturers is FALSE?
A. The greatest growth in manufacturing has occurred in countries where labor is cheapest.
B. Most U.S. factories operate in large metropolitan areas.
C. The majority of U.S. manufacturers are small, with three-quarters having fewer than 20 employees.
D. NAICS codes help marketers classify different types of manufacturing businesses.
E. Manufacturing output in the United States is shrinking.
Answer: E
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The Property, Plant, and Equipment category includes long-term investments
a. True b. False Indicate whether the statement is true or false
Maher and Russell Inc. is a firm that manufactures home alarm systems Maher and Russell Inc. has an overall perceived performance score of 85. This indicates that Maher and Russell home alarm systems ________
A) have a relative advantage of 85% due to the brand reputation B) have a relative market share of 15% C) have a relative cost of purchase index of 85 D) are 15 percent behind the competition E) are 85% above the average relative performance
Generally accepted accounting principles
a. are changing continually. b. are sound in theory but rarely used in practice. c. have eliminated all the weaknesses in accounting practice. d. are accounting rules formulated by the Internal Revenue Service.
Which of the following terms best describes the process of designing and producing a container or wrapper for a product?
A) labeling B) positioning C) licensing D) packaging E) branding