The correct answer is true. It is because if the contract
term is likely ambiguous, the court will likely consider this as an extrinsic
evidence or that the ambiguity is likely to be interpreted against the party
who is responsible for drafting the term.
The practice of project close-out gives a systematized phase of handling on closing a project. Examples are Administrative Closure and Contract Closure. The purpose is to assess the whole outcome of the phases done with documentation whether goals were achieved or not. At the end, lessons are extracted to continue. Best practices are further improved and given value. Furthermore, this would serve as the basis for other more related and associated projects.
<span>Public goods are goods which are non-excludable (no one can be denied from using it) and non-rival (use by one wouldn't affect the consumption by another).
Because of this, people want to use the good but not pay for it as they know, once the good is provided, they can't be excluded from using it. This is called Free riding.
Private companies will not be able to tackle the problem of free riding as they won't know what rate to charge and how to make everyone pay.
Govt. can, however do this easily.</span>
Answer: Blue ocean strategy
Explanation:
Blue ocean strategy is the concurrent pursuit of low cost and differentiation to establish a new market space and also create new demand. The strategy is about the creation and capturing of an uncontested market thereby making competition irrelevant.
Blue oceans target markets where there are no existing competition. In blue oceans, demand is established rather than competed and this leads to rapid opportunity for growth and profitability. A blue ocean describes the broader, deeper potential that can be found in an unexplored market.
Answer:
<u>Targeting</u> Strategy