NAICS Data Are Helpful for Analyzing, Segmenting, and Targeting Markets

question 34

Multiple Choice

NAICS data are helpful for analyzing, segmenting, and targeting markets. Who developed the system?

• A)large manufacturers in United States and Mexico that produce similar goods
• B)the North American Free Trade Agreement partners
• C)the Canadian government
• D)the SIC committee

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Definitions:

Uncertainty And Risk

The lack of certainty about the outcome, paired with the potential for a negative or undesirable event to occur.

Level Of Sophistication

The degree of complexity, advancement, or refinement in the development or design of systems, products, or techniques.

Level Of Detail

The degree of specificity or comprehensiveness in which a subject is discussed or demonstrated.

Time Pressure

The stress or urgency to complete tasks or make decisions within a limited time frame.