The Classification System Used to Classify Firms into Industries Is

question 25

Multiple Choice

The classification system used to classify firms into industries is now called the ________ code.

• A) SIC
• B) NAICS
• C) ISO 57
• D) ISM

---

Definitions:

Recruitment

The process of finding, attracting, and selecting suitable candidates for employment to fill job vacancies within an organization.

Selection

The process of choosing the most suitable candidates for a position or task from a pool of applicants.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution, commonly the mean, median, or mode.

Key Traits

Essential characteristics or qualities uniquely defining a person, object, or phenomenon.