Question: The North American Industry Classification System ( NAICS ) is the classification system that the United States, Canada, and Mexico developed to identify industries and

The North American Industry Classification System

(

NAICS

)

is the classification system that the United States, Canada, and Mexico developed to identify industries and to allow for common standards and statistics across North America.

True

False

The North American Industry Classification System (NAICS) is the classification system

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

The eggbeater wind turbine is stopped by using spoilers which consist of 20-lb blocks that slide out along the blades when the blades are turning. As the spoilers travel along the blade, they create...

View the 2013 Annual Report for the Ford Motor Company, a Fortune 50 company, linked here as well as on the Course Information page. Using this report, answer the following questions: Does the...

(1) Write an equation (using the actual numbers on the income statement) that shows how operating income is computed by the Coca Cola Co. (2) What item(s) are included as part of other...

1. Calculate the Altman Z-score for Ford and Toyota. What inferences do you draw from these values? What inferences do you draw from comparing the values across the two companies? (You may assume...

Which of the following statements is true of the North American Industry Classification System ( NAICS ) ? The system, developed jointly by the United states, Russia, and Mexico, provides a common...

5-17. a. The SIC is the Standard Industrial Classification. It was developed for use in the classification of establishments by type of activity in which they are engaged. Determining a company's SIC...

OL 325: Final Project Guidelines and Rubric Overview Acting as a recently hired compensation consultant, you will assist the burgeoning online music firm e-sonic to develop an internally consistent...

The Coca-Cola Company Executive Summary Coca-Cola has been the staple in the soft drink market since John Pemberton founded the company in Atlanta, Georgia, 1866. With 1.8 billion Coke bottles...

Review Case 12.21 in your textbook. Share your observations and recommendations for the company based on the data provided. Case 12.21 (LO 1, 2, 3, 4) Comprehensive Financial Statement Analysis Using...

As you have learned, ratios demonstrate what aspects of your business are efficient (and what's not working) by comparing figures. Ratios compare your present conditions to past performances. They...

The North American Industry Classification System (NAICS), a new classification system for organizing economic data, has recently replaced the separate standard classification systems previously used...

An investor is considering depositing $20,000 in an account earning 5% compounded quarterly for the next three years. Afterwards, he will take this amount and contribute $200 quarterly for the next...

The Crandall Corporation currently has 100,000 shares outstanding that are selling at $50 per share. It needs to raise $900,000. Net income after taxes is $500,000. Its Vice-President of Finance and...

Indicate, by ticking () the appropriate box, which of the following are examples of a health risk and which are examples of a safety risk. Description of risk Tripping over a loose wire on the floor...

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...