A retailer's credit customers tend to be more loyal to the retailer than the retailer's cash customers.
Indicate whether the statement is true or false
Question 2
Which of the following statements about NAICS codes is false?
a. Three-digit NAICS codes are very useful to the retail analyst.
b. In almost all instances, the NAICS code reflects the type of merchandise the retailer sells.
c. Four-digit NAICS codes provide much more information on the structure of retail competition than three-digit NAICS codes.
d. The U.S. Bureau of Census classifies all retailers using three-digit NAICS codes.
e. The major portion of a retailer's competition comes from other retailers in its NAICS category.
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