Which of the Following Statements About the North American Industry

question 270

Multiple Choice

Which of the following statements about the North American Industry Classification System (NAICS) is most accurate?

• A)After being used for more than 50 years,the NAICS was replaced by the Standard Industrial Classification (SIC)system.
• B)The NAICS permits comparability across countries but does not accurately measure new or emerging industries.
• C)One drawback to the NAICS is that its industry classifications are inconsistent with the International Standards Organization (ISO).
• D)The NAICS groups economic activity to permit studies of market share,demand for goods and services,import competition in domestic markets,and similar studies.
• E)The NAICS is a five-digit code that allows comparison of industries even when information is limited.

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Definitions:

Prejudice

A preconceived opinion or judgment about someone or something that is not based on reason or actual experience.

Discrimination

The unfair treatment of various groups of individuals or objects based on race, age, or gender.

Superordinate Goals

These are overarching objectives shared by conflicting parties that can only be achieved through cooperation, thus helping to resolve or mitigate the conflict.

Bystander Effect

a phenomenon where individuals are less likely to offer help to a victim when other people are present, often due to a diffusion of responsibility.