In order to define the AutoZone industry, you would first have to define what industry is. Industry is not an individual firm or even a group of firms. Industry is competitors that have similar products or services. It is groups of firms that have a primary focus on similar items. This can be tough to determine without researching several companies and using the NAICS.
The NAICS code or the North American Industry Classification System is a Federal agency that has specific codes for each industry. These codes are specific in how each company would fit into a category. This allows for the companies in each industry to be compared and the the government to “compute statistical data related to the U.S. business economy” (NAICS, 2015, introduction).
The NAICS code or the North American Industry Classification System is a Federal agency that has specific codes for each industry. These codes are specific in how each company would fit into a category. This allows for the companies in each industry to be compared and the the government to “compute statistical data related to the U.S. business economy” (NAICS, 2015, introduction).