The standard industrial classification code is useful for salespeople researching using secondary sources.

Question

Quizplus · Accepted Answer

The Standard Industrial Classification (SIC) code is a system used by the government and businesses to classify and categorize industries. Salespeople can use the SIC code to research potential customers, competitors, and markets to find relevant information from secondary sources such as industry reports, trade publications, and government databases. Therefore, the statement is true.

The Standard Industrial Classification Code Is Useful for Salespeople Researching