The NAICS System Is

question 25

Multiple Choice

The NAICS system is:

• A)a source of primary data
• B)a source of seminar schedules creating potential leads
• C)a trade show industry index
• D)an industry classification system
• E)none of the above

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Definitions:

Net Optimal Profit

The highest possible profit after accounting for all costs and revenues.

Fabrication

The process of creating or manufacturing an object or product from raw or semi-finished materials.

Finishing

The process of completing or perfecting the making of a product, especially in manufacturing or artistic production.

Labor Constraint

A limitation or restriction on the workforce, which can affect production capacity and project timelines.