In the Breakdown for the NAICS Code Based on Figure

question 94

Multiple Choice

In the breakdown for the NAICS code based on Figure 6-1 above,"A" represents the

• A)two-digit industry sector code.
• B)three-digit industry subsector code.
• C)four-digit industry group code.
• D)five-digit industry code.
• E)six-digit U.S.national industry code.

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Definitions:

Distribution Center

A facility from which goods are distributed to stores or customers, serving as a critical node in the supply chain to manage inventory and shipment.

Manufacturer

A company or individual that produces finished goods from raw materials on a large scale, utilizing machinery, labor, and other resources.

Marketing Channel

An assembly of institutions, persons, actions, knowledge, and materials tasked with transferring an item or service from the creator to the consumer.

Types of Power

Refers to the different bases or sources of authority and influence, such as coercive, reward, legitimate, expert, and referent power, each affecting behavior in varied ways.