When Referencing NAICS Codes, Marketers Should Know That

question 80

Multiple Choice

When referencing NAICS codes, marketers should know that:

• A) two-digit industries are subindustries of the three-digit industries.
• B) two-digit codes offer the broadest categorization of industries.
• C) categories become less detailed as you move to codes with more digits.
• D) the international version of the NAICS system is the most accurate and reliable.
• E) NAICS codes provide detailed information about the apparel industry only.

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Definitions:

Subsidence

The gradual sinking of land or a structure, often due to underground material movement or removal of fluids from the soil.

Uplift

A geological process where Earth's crust is raised or elevated, often as a result of tectonic activity.

Isostasy

The equilibrium state of the Earth’s crust, where the forces pushing a land mass up are balanced by the weight of the mass itself pressing down.

Equanimity

A state of mental or emotional stability, especially in difficult situations.