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:

Social Exchange

A theory in sociology and psychology that suggests human relationships are formed by the use of a subjective cost-benefit analysis and the comparison of alternatives.

Symbolic Interaction

A sociological perspective that explores how individuals create meanings through their interactions with others, based on the use of symbols.

Biological Factors

Aspects of biology that influence or determine the physical and psychological characteristics of an organism, including genetics and physiology.

Social Factors

Elements within society that influence the ways in which individuals behave and interact, such as cultural norms, education, and family systems.