Industry Classification Quiz
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Questions and Answers

What is the purpose of industry classification for securities analysts?

  • To track common forces acting on groups of companies (correct)
  • To classify companies based on their financial assets
  • To identify businesses producing related products
  • To summarize economic conditions at a national level

    • How are economic activities often classified according to the three-sector theory?

  • Secondary, tertiary, and quaternary sectors
  • Primary, tertiary, and quaternary sectors
  • Primary, secondary, and quaternary sectors
  • Primary, secondary, and tertiary sectors (correct)

    • What are the top-level sectors according to the three-sector theory?

  • Extraction, agriculture, and culture
  • Manufacturing, services, and knowledge
  • Primary, secondary, and tertiary (correct)
  • Quaternary, quinary, and tertiary

    • How do national and international statistical agencies use industry-classification schemes?

    <p>To summarize economic conditions</p> Signup and view all the answers

    What is the purpose of dividing economic activities into industries according to similar functions and markets?

    <p>To identify businesses producing related products</p> Signup and view all the answers

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