Common use of Achievement of Objectives Clause in Contracts

Achievement of Objectives. At the industry level, the classification meets the objectives for the North American Industry Classification System (NAICS). It includes industries that group establishments with similar production processes, that is, it applies the production-oriented economic concept. Since this is the miscellaneous subsector, the hierarchical structure is not truly a production concept. Other objectives of the NAICS project are not as relevant in this area of the classification as in others. These objectives are the delineation of new and emerging industries, service industries and industries engaged in the production of advanced technologies. The industrial sector in question is relatively mature, generally produces goods and has employed relatively stable technology. Therefore, the emphasis is on the objectives listed above. The industries have high specialization ratios, and they are economically significant. The detail (4-digit) level and structure of the classification are balanced in size. This enhances the classification s suitability for sampling, data-publishing and other aspects of survey operations. Finally, while disruptions to time series exist, they have been minimized. The classification achieves comparability for the three participating countries. Based on existing data, all three countries expect to be able to publish data regularly at the industry (4- digit) level of the structure. All countries agree on the detailed definitions of the industries.

Achievement of Objectives. At the industry level, the The classification meets the objectives for the North American Industry Classification System (NAICS). It includes industries that group establishments with similar production processes, that is, it applies the production-oriented economic concept. Since this is In the miscellaneous subsectormain, the hierarchical structure is not truly a of the classification also follows the production concept. Other objectives of the NAICS project are not as relevant in this area of the classification as in others. These objectives are the delineation of new and emerging industries, service industries and industries engaged in the production of advanced technologies. The industrial sector in question is relatively mature, generally produces goods and has employed relatively stable technology. ThereforeAn evolving new technology in the printing industry involves the creation of a computer file that directly drives printing equipment. Thus, no printing plate is needed. This technology, however, does not yet account for a significant share of production in any of the emphasis is on three countries, and therefore has not been separated in the objectives listed aboveclassification. The industries have high specialization ratios, and they are economically significant. The detail (4-digit) level and structure of the classification are balanced in size. This enhances the classification s suitability for sampling, data-publishing and other aspects of survey operations. Finally, while While disruptions to time series exist, they have been minimized. The statistical agencies can develop statistical "links,” to enable the re-tabulation of time series on the new NAICS classification structure. The classification achieves comparability for the three participating countries. Based on existing data, all three countries expect to be able to publish data regularly at the industry (4- digit) level of the structure. All countries agree on the detailed definitions of the industries.