All of the Following Statements About Manufacturers Are Accurate Except

question 209

Multiple Choice

All of the following statements about manufacturers are accurate except:

• A) large manufacturers are few in number yet produce the highest percentage of value added within the manufacturing industry.
• B) most U.S. factories operate in large metropolitan areas.
• C) the greatest growth in manufacturing has occurred in countries where labor is cheap.
• D) NAICS codes help marketers classify different types of manufacturing businesses.
• E) manufacturing output in the United States is shrinking.

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Definitions:

Reporting Issuer

A corporation that has issued securities to the public and is obligated to disclose periodic financial information to regulatory agencies and shareholders.

Outstanding Voting Rights

The rights to vote that are held by shareholders of a company, which have not been exercised yet.

Self-Regulating Organizations

Entities that operate independently to enforce rules and standards within a particular industry or profession without direct government oversight.

Securities Regulation

The set of laws and regulations governing how securities are issued, bought, sold, and traded, primarily aimed at protecting investors.