What Can Managers Use the NAICS Data to Do

question 37

Multiple Choice

What can managers use the NAICS data to do?

• A) identify potential new customers
• B) classify consumer behaviour
• C) eliminate risk
• D) determine purchase motives

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Definitions:

Payment to Suppliers

Financial transactions that involve settling debts with vendors who provide goods or services to a business.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Backlog

Orders that have been received but not delivered to the customer.

Orders Received

The total number of orders that a company gets from its customers within a certain period.