What Is the Function of the NAICS

question 61

Multiple Choice

What is the function of the NAICS?

• A) It provides consumer panel service for tracking retail purchases and motivations.
• B) It collects store tracking data used with consumer panel data to track the influence of advertising on consumers of packaged goods.
• C) It provides information about the number of establishments, sales volume, and number of employees in each industry broken down by geographic area.
• D) It measures e-commerce activity in 27 countries, providing insights into 37 marketplaces via interviews.

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Definitions:

Universal Perspective

A viewpoint that tries to consider things in a comprehensive, global manner, transcending individual or local interpretations.

Explanatory Model

A conceptual framework or theory that helps to understand, explain, or predict phenomena or behavior in a comprehensive manner.

Sangoma

A traditional healer or shaman in South African cultures, known for their ability to communicate with ancestors, use herbal medicine, and perform rituals to heal physical or spiritual ailments.

Muthi

Traditional African medicine and magic, often involving the use of herbal remedies and ancestral spirits.