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:

Entire Shipment

A term indicating that a contract or sale involves the delivery of all goods in a single consignment, not in parts.

Specifications

Detailed descriptions or guidelines defining requirements, dimensions, materials, or performance criteria for projects, products, or services.

Comply

To act according to an order, set of rules, or request.

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.