The US Government Reports Data on the Number of Firms, Sales

question 185

True/False

The U.S. government reports data on the number of firms, sales volume, and number of employees by NAICS code.

---

Definitions:

Absolute Worth

The intrinsic or unconditional value of something, not dependent on external factors.

Job Grading Method

A technique used in human resource management to categorize positions within a company based on certain criteria like responsibility and skill levels.

Predetermined Classifications

Pre-established categories used to sort or organize individuals or items based on specific criteria.

External Equity

The concept of ensuring compensation and benefits offered are competitive with those in the external job market to attract and retain talent.