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Wiki Wiki Summary
Financial crisis of 2007–2008 The financial crisis of 2008, or Global Financial Crisis, was a severe worldwide economic crisis that occurred in the early 21st century. It was the most serious financial crisis since the Great Depression (1929).
Supply and Depend Supply and Depend is the first full-length release by Warship, the band founded by Fran Mark and Rob Lauritsen, formerly of the now defunct From Autumn to Ashes. It was released on November 4, 2008 on Vagrant Records and features 10 tracks the band recorded with producer Andrew Schneider over the summer.
Dependent and independent variables Dependent and Independent variables are variables in mathematical modeling, statistical modeling and experimental sciences. Dependent variables receive this name because, in an experiment, their values are studied under the supposition or demand that they depend, by some law or rule (e.g., by a mathematical function), on the values of other variables.
Automatic Dependent Surveillance–Broadcast Automatic Dependent Surveillance–Broadcast (ADS–B) is a surveillance technology in which an aircraft determines its position via satellite navigation or other sensors and periodically broadcasts it, enabling it to be tracked. The information can be received by air traffic control ground stations as a replacement for secondary surveillance radar, as no interrogation signal is needed from the ground.
Runaway (dependent) A runaway is a minor or (depending upon the local jurisdiction) a person under a specified age, who has left their parents or legal guardians without permission. Statistics show that females are more likely to run away than males.
Dependant A dependant is a person who relies on another as a primary source of income. A common-law spouse who is financially supported by their partner may also be included in this definition.
Customer satisfaction Customer satisfaction (often abbreviated as CSAT) is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation.
Technology company A technology company (or tech company) is an electronics-based technological company, including, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services.\n\n\n== Details ==\nAccording to Fortune, as of 2020, the ten largest technology companies by revenue are: Apple Inc., Samsung, Foxconn, Alphabet Inc., Microsoft, Huawei, Dell Technologies, Hitachi, IBM, and Sony.
Space technology Space technology is technology for use in outer space, in travel (astronautics) or other activities beyond Earth's atmosphere, for purposes such as spaceflight, space exploration, and Earth observation. Space technology includes space vehicles such as spacecraft, satellites, space stations and orbital launch vehicles; deep-space communication; in-space propulsion; and a wide variety of other technologies including support infrastructure equipment, and procedures.
Development/For! Development/For! (Latvian: Attīstībai/Par!, AP!) is a liberal political alliance in Latvia.
Professional development Professional development is learning to earn or maintain professional credentials such as academic degrees to formal coursework, attending conferences, and informal learning opportunities situated in practice. It has been described as intensive and collaborative, ideally incorporating an evaluative stage.
Emeritus Emeritus (; female: Emerita), in its current usage, is an adjective used to designate a retired chair, professor, pastor, bishop, pope, director, president, prime minister, rabbi, emperor, or other person who has been "permitted to retain as an honorary title the rank of the last office held".In some cases, the term is conferred automatically upon all persons who retire at a given rank, but in others, it remains a mark of distinguished service, awarded only to a few on retirement. It is also used when a person of distinction in a profession retires or hands over the position, enabling their former rank to be retained in their title, e.g., "professor emeritus".
Sigma Sigma (; uppercase Σ, lowercase σ, lowercase in word-final position ς; Greek: σίγμα) is the eighteenth letter of the Greek alphabet. In the system of Greek numerals, it has a value of 200.
Additional member system The additional member system (AMS) is a mixed electoral system under which most representatives are elected in single-member districts (SMDs), and the other "additional members" are elected to make the seat distribution in the chamber more proportional to the way votes are cast for party lists. It is distinct from parallel voting (also known as the supplementary member system) in that the "additional member" seats are awarded to parties taking into account seats won in SMDs (referred to as compensation or "top-up"), which is not done under parallel voting (a non-compensatory method).
Accounts receivable Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.
List of most-followed Twitter accounts This list contains the top 50 accounts with the most followers on the social media platform Twitter. Barack Obama, Justin Bieber, Katy Perry, Rihanna, and Cristiano Ronaldo top the list, with over 100 million followers each.
Bank account A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts, credit card accounts, current accounts, loan accounts or many other types of account.
List of unsolved problems in economics This is a list of some of the major unsolved problems, puzzles, or questions in economics. Some of these are theoretical in origin and some of them concern the inability of orthodox economic theory to explain an empirical observation.
English words of Greek origin The Greek language has contributed to the English lexicon in five main ways:\n\nvernacular borrowings, transmitted orally through Vulgar Latin directly into Old English, e.g., 'butter' (butere, from Latin butyrum < βούτυρον), or through French, e.g., 'ochre';\nlearned borrowings from classical Greek texts, often via Latin, e.g., 'physics' (< Latin physica < τὰ φυσικά);\na few borrowings transmitted through other languages, notably Arabic scientific and philosophical writing, e.g., 'alchemy' (< χημεία);\ndirect borrowings from Modern Greek, e.g., 'ouzo' (ούζο);\nneologisms (coinages) in post-classical Latin or modern languages using classical Greek roots, e.g., 'telephone' (< τῆλε + φωνή) or a mixture of Greek and other roots, e.g., 'television' (< Greek τῆλε + English vision < Latin visio); these are often shared among the modern European languages, including Modern Greek;Of these, the neologisms are by far the most numerous.\n\n\n== Indirect and direct borrowings ==\nSince the living Greek and English languages were not in direct contact until modern times, borrowings were necessarily indirect, coming either through Latin (through texts or through French and other vernaculars), or from Ancient Greek texts, not the living spoken language.
Martial law under Ferdinand Marcos At 7:17 pm on September 23, 1972, President Ferdinand Marcos announced on television that he had placed the entirety of the Philippines under martial law. This marked the beginning of a 14-year period of one-man rule that would effectively last until Marcos was exiled from the country on February 25, 1986.
Source-available software Source-available software is software released through a source code distribution model that includes arrangements where the source can be viewed, and in some cases modified, but without necessarily meeting the criteria to be called open-source. The licenses associated with the offerings range from allowing code to be viewed for reference to allowing code to be modified and redistributed for both commercial and non-commercial purposes.
Consolidation (business) In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements.
Pulmonary consolidation A pulmonary consolidation is a region of normally compressible lung tissue that has filled with liquid instead of air. The condition is marked by induration (swelling or hardening of normally soft tissue) of a normally aerated lung.
Consolidated city-county In United States local government, a consolidated city-county is formed when one or more cities and their surrounding county (parish in Louisiana, borough in Alaska) merge into one unified jurisdiction. As such it has the governmental powers of both a municipal corporation and an administrative division of a state.A consolidated city-county is different from an independent city, although the latter may result from consolidation of a city and a county and may also have the same powers as a consolidated city-county.
Operation Mincemeat Operation Mincemeat was a successful British deception operation of the Second World War to disguise the 1943 Allied invasion of Sicily. Two members of British intelligence obtained the body of Glyndwr Michael, a tramp who died from eating rat poison, dressed him as an officer of the Royal Marines and placed personal items on him identifying him as the fictitious Captain (Acting Major) William Martin.
Operations management Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements.
Surgery Surgery is a medical or dental specialty that uses operative manual and instrumental techniques on a person to investigate or treat a pathological condition such as a disease or injury, to help improve bodily function, appearance, or to repair unwanted ruptured areas.\nThe act of performing surgery may be called a surgical procedure, operation, or simply "surgery".
Special operations Special operations (S.O.) are military activities conducted, according to NATO, by "specially designated, organized, selected, trained, and equipped forces using unconventional techniques and modes of employment". Special operations may include reconnaissance, unconventional warfare, and counter-terrorism actions, and are typically conducted by small groups of highly-trained personnel, emphasizing sufficiency, stealth, speed, and tactical coordination, commonly known as "special forces".
Global Positioning System The Global Positioning System (GPS), originally Navstar GPS, is a satellite-based radionavigation system owned by the United States government and operated by the United States Space Force. It is one of the global navigation satellite systems (GNSS) that provides geolocation and time information to a GPS receiver anywhere on or near the Earth where there is an unobstructed line of sight to four or more GPS satellites.
Good Omens Good Omens: The Nice and Accurate Prophecies of Agnes Nutter, Witch is a 1990 novel written as a collaboration between the English authors Terry Pratchett and Neil Gaiman.The book is a comedy about the birth of the son of Satan and the coming of the End Times. There are attempts by the angel Aziraphale and the demon Crowley to sabotage the coming of the end times, having grown accustomed to their comfortable surroundings in England.
Master service agreement A master service agreement, sometimes known as a framework agreement, is a contract reached between parties, in which the parties agree to most of the terms that will govern future transactions or future agreements.\nA master agreement delineates a schedule of lower-level service agreements, permitting the parties to quickly enact future transactions or agreements, negotiating only the points specific to the new transactions and relying on the provisions in the master agreement for common terms.
Prenuptial agreement A prenuptial agreement, antenuptial agreement, or premarital agreement (commonly referred to as a prenup), is a written contract entered into by a couple prior to marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what happens when their marriage eventually ends by death or divorce. Couples enter into a written prenuptial agreement to supersede many of the default marital laws that would otherwise apply in the event of divorce, such as the laws that govern the division of property, retirement benefits, savings, and the right to seek alimony (spousal support) with agreed-upon terms that provide certainty and clarify their marital rights.
History History (from Ancient Greek: ἱστορία, romanized: historíā, lit. 'inquiry; knowledge acquired by investigation') is the study and the documentation of the past. Events before the invention of writing systems are considered prehistory.
List of historic United States Marines The following is a list of the prominent names in U. S. Marine Corps lore—the people who make up what the Marines call "knowledge". Names in this list are notable for actions made as a Marine; individuals whose notability is unrelated to service in uniform can be found at List of United States Marines.
Risk Factors
ACE COMM CORP ITEM 1A RISK FACTORS Risk Factors Affecting Future Operating Results Because of our reliance on significant customers and large orders, any failure to obtain a sufficient number of large contracts could have a material adverse effect on our revenues for one or more periods A significant portion of our revenue comes from large financial commitments by a small number of customers, including both telecommunications carriers and large enterprises
We expect to continue to depend on a limited number of customers in any given period for a significant portion of our revenue and, in turn, to be dependent on their continuing success and positive financial results and condition
These large customers may result from one-time competitive procurements or from repeat purchases from distributors, OEMs or other strategic partners
We may not prevail in one or more of the procurements, and our distributors may increase or suspend purchases of our products and services at any time
Our revenues and liquidity also may vary significantly from quarter to quarter based upon the delivery schedules of our large contracts, particularly extensions or delays in the delivery schedule arising from customer decisions or requirements
-22- _________________________________________________________________ Our products must be continuously updated to work with changing technology and demand for our products could be impacted by any competitors introducing more advanced technology To maintain and improve demand for our products, we must continue to develop and introduce value-added, timely and cost-effective new products, features and services that keep pace with technological developments and emerging industry standards
Any failure to do this will limit the market into which we can sell our products and services
We have recently introduced new software products such as Parent Patrol™ and are pursuing the development of others
These products have not yet achieved market acceptance
Further, customers are always looking for the most advanced technology available, within certain price ranges
To the extent that competitors can offer more advanced technology within a given price range our sales would be adversely affected
Further, customer technology upgrades can lead to sometimes lengthy delays in orders for our products until their system upgrades are complete and they are in a position to have our products installed as part of their new systems
The adverse conditions in the telecommunications industry continue despite improvements in the economy and may continue to do so Our business and financial results are highly dependent on the telecommunications industry and the capital spending of our customers
Over the past four or five years capital spending by telecommunication companies has been at reduced levels
Telecommunications products and services have increasingly become commodities that cannot easily be distinguished, leading to lower margins and reduced spending on costly software
The reduction of spending by companies in the telecommunication industries has caused, and may continue to cause, a significant reduction in our revenues
Although over the past fiscal year we experienced an increase in demand from certain types of customers, other areas of our business have experienced continued weakness in demand and unwillingness of customers to spend significant sums on procuring new Convergent Mediation™ or OSS solutions products or services
Unless we continue to maintain existing strategic alliances and develop new ones, our sales will suffer Our results could suffer further if we are unable to maintain existing and develop additional strategic alliances with leading providers of telecommunications services and network equipment who serve as distributors for our products
If we are not able to maintain these strategic alliances, we will not be able to expand our distribution channels and provide additional exposure for our product offerings
These relationships can take significant periods of time and work to develop, and may require the development of additional products or features or the offering of support services we do not presently offer
Failure to maintain particular relationships may limit our access to certain countries or geographic areas unless we are able to enter into new relationships with companies that can offer improved access
Many of our telecommunications customers involve credit risks for us Many of our customers present potential credit risks, and we are dependent on a small number of major customers
The majority of our customers are in the telecommunication services industry and government sector, or are in the early stages of development when financial resources may be limited
Five customers represented 61prca of our gross trade receivables balance as of June 30, 2006
Because we depend on a small number of major customers, and many of our customers present potential credit risks for different reasons, our results of operations could be adversely affected by non-payment or slow-payment of receivables
We have also experienced losses from doubtful accounts
For a more detailed discussion of doubtful accounts please read the section labeled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Allowance for Bad Debts
” Several of our international customers have negotiated extended payment terms, further separating the time payment is received from when costs are incurred
We have experienced liquidity demands as a result of large contracts We have been experiencing increased costs and liquidity demands during the current fiscal year as we have devoted significant effort to delivering products and services and supporting our customers under our existing contracts
Although these increased liquidity demands have started to subside as we have collected initial amounts generated under these contracts we expect this situation to continue for a while
-23- _________________________________________________________________ We are dependent on our ability to borrow We are dependent on our ability to borrow funds under our lines of credit
Any inability to borrow could have a material adverse effect on us
Additionally, our borrowings under our lines of credit are dependent upon our eligible and approved accounts receivable
In the event of an inability to borrow, we would require additional financing and the additional financing may not be available or may not be available on terms acceptable to us
The amounts of borrowings under our lines of credit have been increasing as a result of our liquidity demands, discussed in the prior paragraph, to dlra2dtta6 million as of June 30, 2006
We are increasingly subject to the risks and costs of international sales, and failure to manage these risks would have an adverse effect on us A substantial portion of our revenues are derived from international sales and are therefore subject to the risks of conducting business overseas, including the general economic conditions in each country, the overlap of different tax structures, the difficulty in managing resources in various countries, changes in regulatory requirements, compliance with a variety of foreign laws and regulations, foreign currency translations and longer payment cycles
We derived approximately 57prca, 69prca, and 59prca of our total revenue from customers outside of the United States for fiscal years 2006, 2005 and 2004, respectively
To the extent that we have increased our international revenue sources over the last three years, the impact of the risks related to international sales could have an increasingly larger effect on our financial condition as a whole
Failure to manage risks of potential acquisitions would have an adverse effect on us We have completed three significant acquisitions over the past two and half years, and pursuing additional acquisitions to expand our product line remains part of our growth plan
However, acquisitions involve a number of potential adverse consequences
In particular, failure to identify or evaluate risks such as possible loss of major customers, or inability to correctly evaluate costs of combining businesses or technologies have in the past and in the future could cost us significant resources, dilution to our stockholders or loss of valuable time
In addition, recent acquisitions have included expenses associated with in process research and development and require us to absorb the cost of completion of ongoing product development
Failure to complete product development on time and within projected cost estimates would have an adverse affect on operating results and potentially decrease the value of the acquisition
Acquisitions may require additional financing and the additional financing may not be available or may not be available on terms acceptable to us
Continuing market consolidation may reduce the number of potential customers for our products The North American communications industry has experienced significant consolidation
In the future, there may be fewer potential customers requiring operations support systems and related services, increasing the level of competition in the industry
In addition, larger, consolidated communication companies have strengthened their purchasing power, which could create a decline in our pricing structure and a decrease of the margins we can realize
These larger consolidated companies are also striving to streamline their operations by combining different communications systems and the related operations support systems into one system, reducing the number of vendors needed
The continuing industry consolidation may cause us to lose more customers, which would have a material adverse effect on our business, financial condition and results of operations
Market consolidation within the UK service provider market has reduced the number of customers for our products and has begun to erode our existing customer base within this group
Failure to estimate accurately the resources necessary to complete fixed-price contracts would have an adverse effect on our bottom line Our failure to accurately estimate the resources required for a project or a failure to complete contractual obligations in a manner consistent with the projected plan may result in lower than expected project margins or project losses, which would negatively impact operating results
Our sales are formalized in agreements that may include customization of the underlying software and services
These agreements require projections related to allocation of employees and other resources
Additionally, we may fix the price of an arrangement before the final requirements are finalized
On occasion, we have and may be required in the future to commit unanticipated additional resources to complete projects, and the estimated fixed price may not include this unanticipated increase of resources
If our original projections are not met, project losses may occur that would have a negative impact on our operating results
-24- _________________________________________________________________ Inability to forecast revenue accurately may result in costs that are out of line with revenues, leading either to additional losses or downsizing that may not have been necessary We may not be able to accurately forecast the timing of our revenue recognition due to the difficulty of anticipating compliance with the accounting requirements for revenue recognition and to the fact that we historically have generated a disproportionate amount of our operating revenues toward the end of each quarter
Our operating results historically have varied from fiscal period to fiscal period
Accordingly, our financial results in any particular fiscal period are not necessarily indicative of results for future periods