The NAICS/SIC Code Program Is Used in Which Type of Business-To-Business

question 37

Multiple Choice

The NAICS/SIC code program is used in which type of business-to-business segmentation?

• A) industry
• B) company size
• C) geographic
• D) benefit

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Definitions:

Arbitration

A method of dispute resolution where an impartial third party makes a decision that is binding on all involved parties.

Mediation

Mediation is a conflict resolution process where a neutral third party (the mediator) facilitates dialogue between disputing parties to help them reach a mutually acceptable agreement.

Resistance Points

The positions beyond which a negotiator is unwilling or unable to go in a negotiation; the limit of compromise.

Mediator

A neutral third party who assists in negotiating an agreement between disputing parties.