Common use of Achievement of Objectives Clause in Contracts

Achievement of Objectives. The classification meets the objectives for the North American Industry Classification System (NAICS). It is comprised of industries that group establishments with similar production processes, that is, it applies the production-oriented economic concept. In the main, the hierarchical structure of the classification also follows the production concept. 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. 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 employs 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 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, disruptions to time series, while they exist, have been minimized. The statistical agencies can develop statistical “links”, to enable the re-tabulation of time series on the new NAICS classification structure.

Achievement of Objectives. The classification meets the objectives for the North American Industry Classification System (NAICS). It is comprised of industries that group establishments with similar production processes, that is, it applies the production-oriented economic concept. In the main, the hierarchical structure of the classification also follows the production concept. 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- 4-digit) level of the structure. All countries agree on the detailed definitions of the industries. 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 employs 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 classification s suitability for sampling, data-publishing sampling and other aspects of survey operations. Finally, disruptions to time series, while they exist, have been minimized. Most of the changes at the detail to existing classifications are marginal. The statistical agencies major changes are well-identified and can develop statistical “links”, to enable the re-tabulation of be taken into account in linking time series on the new NAICS classification structureseries.

Achievement of Objectives. The classification meets the objectives for the North American Industry Classification System (NAICS). It is comprised of includes industries that group establishments with similar production processes, that is, it applies the production-oriented economic concept. In the main, the hierarchical structure of the classification also follows the production concept. 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. 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, industries and industries engaged in the production of advanced technologies. The industrial sector in question is relatively mature, generally produces goods, goods and employs 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 structures of the classification are balanced in size. This enhances the classification’s suitability for sampling, data-publishing sampling and other aspects of survey operations. Finally, though disruptions to time series, while they series exist, have been minimized. The statistical agencies the major changes are well identified and can develop statistical “links”, to enable the re-tabulation of be taken into account in linking time series on the new NAICS classification structureseries.

Achievement of Objectives. The classification meets the objectives for the North American Industry Classification System (NAICS). It is comprised of industries that group establishments with similar production processes, that is, it applies the production-oriented economic concept. In the main, the The hierarchical structure of the classification also follows the production concept. 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. 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, industries and industries engaged in the production of advanced technologies. The industrial sector in question is relatively mature, generally produces goods, and employs 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 sampling and other aspects of survey operations. Finally, disruptions to time series, while they exist, have been minimized. The statistical agencies can develop statistical “"links”, " to enable the re-tabulation of time series on the new NAICS classification structure.