The first step toward determining whether an industry is likely to be an attractive place to do business or not is defining the industry. One way to do this is by ascertaining its ________ code.
A) census
B) American manufacturers
C) world production
D) NAICS

Question

Quizplus · Accepted Answer

The NAICS (North American Industry Classification System) code is used to define and classify industries, making it a crucial first step in analyzing industry attractiveness.

The First Step Toward Determining Whether an Industry Is Likely