Examlex
Discuss three advantages and three disadvantages of simulation models.
Level of Opportunity
The extent to which an environment or situation provides individuals or organizations with the possibility to achieve success or advance their goals.
Competitive Sales Position
A company's strategic advantage in the market based on factors such as product quality, price, and customer service, which enables it to outsell its competitors.
Unilateral Mistake
A mistake by one party to the agreement.
Innocent Misrepresentation
A false statement of a material fact made by a party that honestly believed the fact to be true.
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