The System That Provides Common Industry Definitions for Canada,Mexico,and the United

question 88

Multiple Choice

The system that provides common industry definitions for Canada,Mexico,and the United States,which makes it easier to measure economic activity in the three member countries of the North American Free Trade Agreement (NAFTA) ,is referred to as the

• A)Standard Industrial Code System (SICS).
• B)United Nations Central Product Classification System (UNCPCS).
• C)National Codes of Industry System (NCIS).
• D)North American Industry Classification System (NAICS).
• E)Federal System of International Organizations (FSIO).

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Definitions:

Executives

Senior-level managers within an organization who are responsible for making strategic decisions and overseeing the company's operations.

Contingent Workers

Workers who are hired on a non-permanent basis, such as freelancers, consultants, or temporary contract workers.

Labour Costs

The total expenditure borne by employers for the payment of wages, benefits, and taxes associated with the employment of labor.

Job Satisfaction

The level of contentment individuals feel with their job roles, encompassing aspects like work environment, duties, and compensation.