NAICS Provides Less Information About Service Industries and High-Tech Products

question 34

True/False

NAICS provides less information about service industries and high-tech products than did the SIC system.

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Definitions:

Directive Leadership

A leadership style characterized by clear instructions, close supervision, and a top-down approach to decision-making.

Supportive Leadership

A leadership style focused on providing emotional support, encouragement, and fostering a positive work environment for subordinates.

Participative Leadership

A leadership style that involves employees in decision making, ensuring that their opinions are considered in the management process.

Transactional Leadership

A leadership style that focuses on supervision, organization, and performance; transactional leaders promote compliance through rewards and punishments.