The NAICS Is Consistent with the International Standard Industrial Classification

question 240

Multiple Choice

The NAICS is consistent with the International Standard Industrial Classification of All Economic Activities,which is published by the __________ to facilitate measurement of global economic activity.

• A)United Nations (UN)
• B)European Union (EU)
• C)International Standards Organization (ISO)
• D)North American Free Trade Agreement (NAFTA)
• E)North American Product Classification System (NAPCS)

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Definitions:

Mergers

The combination of two or more companies into a single entity, often to achieve greater efficiency or market share.

Economists

Professionals who study the distribution, production, and consumption of goods and services.

Antitrust Case

Legal proceedings aimed at regulating or dismantling company practices that are deemed to be monopolistic or restrict competition within a market.

Department of Justice

The Department of Justice (DOJ) is a federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.