The government uses a system called naics to classify

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33. The government uses a system called NAICS to classify North American business establishments. NAICS stands for: a. Non-American Industry Classification System b. North and South American Institutional Coding Services c. Non-American Industrial Corporation System d. North American Institution Code System e. North American Industry Classification System ANS: E The North American Industry Classification System (NAICS) is an industry classification system for classifying North American business establishments. PTS: 1 REF: 105 OBJ: 07-5 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model Research 34. Imagine you are the research director of a major industrial marketing firm. You need to select an NA- ICS code that defines the most homogeneous group of companies in a particular group of highly com- petitive companies . Which of the following codes might you use? PTS: 1 REF: 106 OBJ: 07-5 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model Research 35. NAICS data are helpful for analyzing, segmenting, and targeting markets. The system was developed by:
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PTS: 1 REF: 105 OBJ: 07-5 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model Research 36. Managers can use the NAICS data to: PTS: 1 REF: 105-106 OBJ: 07-5 TYPE: Comp TOP: AACSB Reflective Thinking | TB&E Model Research
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