Variables Such as Statistical Area, the North American Industry Classification

question 59

Multiple Choice

Variables such as statistical area, the North American Industry Classification System (NAICS) code, and usage rate are all examples of ways to

• A) differentiate products.
• B) forecast sales for a consumer market.
• C) segment an organizational market.
• D) promote protectionism.
• E) calculate a net income.

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Definitions:

Proportion

A statement that two ratios or fractions are equal.

X

Often used to represent an unknown value in algebraic expressions and equations.

Inches

A unit of length in the imperial and US customary systems, equivalent to 1/12 of a foot.

Perimeter

The total distance around the edge of a two-dimensional shape, calculated by adding together the lengths of all the sides.