MGT 3300 Lecture Notes - Lecture 32: North American Industry Classification System, Purchasing Manager, Foreign Corrupt Practices Act
Document Summary
This exhibit contains an example of how the naics codes apply to the apparel industry. The broadest category is the general industry category. Manufacturing, for example, has a two-digit naics code of 31. Adding a digit to the manufacturing code narrows the industry definition to apparel code 315. The industry definition gets narrower if another digit is added to the code, in this case, cut and sew apparel, code 3152. Adding still another digit reduces the category to women"s and girls" cut and sew apparel, naics code 31523. Finally, a sixth digit narrows the industry definition to blouses, naics code 315232. Knowing the appropriate naics code for an industry opens the door to a wide range of government and privately compiled information, such as lists of companies, trade publication articles, and industry-wide statistics. Producers of services smaller and more spread out. Service producers are more geographically dispersed than are manufacturers.
