Which of the Following Statements About the North American Industry

question 173

Multiple Choice

Which of the following statements about the North American Industry Classification System (NAICS) is false?

• A)the fourth digit designates industry groups
• B)the fifth digit designates company name.
• C)the third digit designates subsectors
• D)the first two digits represent sectors

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Definitions:

Digital Delivery Method

A system or process that allows for the distribution of products, services, or information via digital channels, such as the internet or mobile apps.

Asynchronous

Communication or processes that do not occur in real-time, allowing participants to engage at their own convenience.

Developmental Strategy

A plan or approach designed for growth or progress in a specific area, such as in personal skills or a business context.

Employee Attitudes

An individual’s overall feelings, beliefs, and values about their job and workplace, influencing their behavior and performance.