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Wiki Wiki Summary
Uncertainty quantification Uncertainty quantification (UQ) is the science of quantitative characterization and reduction of uncertainties in both computational and real world applications. It tries to determine how likely certain outcomes are if some aspects of the system are not exactly known.
Federal takeover of Fannie Mae and Freddie Mac In September 2008 the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance home mortgages in the United States by issuing bonds, had become illiquid as the market for those bonds collapsed in the subprime mortgage crisis.
Food industry The food industry is a complex, global network of diverse businesses that supplies most of the food consumed by the world's population. The term food industries covers a series of industrial activities directed at the production, distribution, processing, conversion, preparation, preservation, transport, certification and packaging of foodstuffs.
Customer service Customer service is the provision of service to customers before, during, and after a purchase. This makes it an important part of the value chain of clients.
Impact Wrestling Impact Wrestling (stylized as IMPACT! Wrestling) is an American professional wrestling promotion based in Nashville, Tennessee.
Regulation (European Union) A regulation is a legal act of the European Union that becomes immediately enforceable as law in all member states simultaneously. Regulations can be distinguished from directives which, at least in principle, need to be transposed into national law.
United States environmental law United States environmental law concerns legal standards to protect human health and improve the natural environment of the United States. While subject to criticism at home and abroad on issues of protection, enforcement, and over-regulation, the country remains an important source of environmental legal expertise and experience.
Job interview A job interview is an interview consisting of a conversation between a job applicant and a representative of an employer which is conducted to assess whether the applicant should be hired. Interviews are one of the most popularly used devices for employee selection.
Historical cost In accounting, an economic item's historical cost is the original nominal monetary value of that item. Historical cost accounting involves reporting assets and liabilities at their historical costs, which are not updated for changes in the items' values.
2021 IIHF World Championship The 2021 IIHF World Championship (Latvian: 2021. gada Pasaules čempionāts hokejā) took place from 21 May to 6 June 2021.
Maple syrup Maple syrup is a syrup usually made from the xylem sap of sugar maple, red maple, or black maple trees, although it can also be made from other maple species. In cold climates, these trees store starch in their trunks and roots before winter; the starch is then converted to sugar that rises in the sap in late winter and early spring.
Activist shareholder An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign.
Thanksgiving Thanksgiving is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks for the blessing of the harvest and of the preceding year.
Given name A given name (also known as a forename or first name) is the part of a personal name that identifies a person, potentially with a middle name as well, and differentiates that person from the other members of a group (typically a family or clan) who have a common surname. The term given name refers to a name usually bestowed at or close to the time of birth, usually by the parents of the newborn.
Structure–activity relationship The structure–activity relationship (SAR) is the relationship between the chemical structure of a molecule and its biological activity. This idea was first presented by Crum-Brown and Fraser in 1865.
Climate system Earth's climate system is a complex system having five interacting components: the atmosphere (air), the hydrosphere (water), the cryosphere (ice and permafrost), the lithosphere (earth's upper rocky layer) and the biosphere (living things). Climate is the statistical characterization of the climate system, representing the average weather, typically over a period of 30 years, and is determined by a combination of processes in the climate system, such as ocean currents and wind patterns.
Decree nisi A decree nisi or rule nisi (from Latin nisi 'unless') is a court order that will come into force at a future date unless a particular condition is met. Unless the condition is met, the ruling becomes a decree absolute (rule absolute), and is binding.
Employee benefits Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. Instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a "salary packaging" or "salary exchange" arrangement.
Electricity generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery (transmission, distribution, etc.) to end users or its storage (using, for example, the pumped-storage method).
Mutual assured destruction Mutual assured destruction (MAD) is a doctrine of military strategy and national security policy in which a full-scale use of nuclear weapons by an attacker on a nuclear-armed defender with second-strike capabilities would cause the complete annihilation of both the attacker and the defender. It is based on the theory of rational deterrence, which holds that the threat of using strong weapons against the enemy prevents the enemy's use of those same weapons.
Pentium FDIV bug The Pentium FDIV bug is a hardware bug affecting the floating-point unit (FPU) of the early Intel Pentium processors. Because of the bug, the processor would return incorrect binary floating point results when dividing certain pairs of high-precision numbers.
PackageKit PackageKit is a free and open-source suite of software applications designed to provide a consistent and high-level front end for a number of different package management systems. PackageKit was created by Richard Hughes in 2007, and first introduced into an operating system as a default application in May 2008 with the release of Fedora 9.The suite is cross-platform, though it is primarily targeted at Linux distributions which follow the interoperability standards set out by the freedesktop.org group.
Capital introduction Capital introduction is a service offered by most large brokerage firms as part of the prime brokerage package accessed by hedge funds that choose to prime at a particular firm. Capital introduction works as a form of "quasi-marketing" whereby clients are introduced to investors without violating SEC rules regarding fund marketing.In exchange for granting the broker custody (clearing, custody and asset servicing), securities lending, and financing, the hedge fund client is granted access to Capital Introduction services, as well as risk management and consulting services.
Enel X Enel X is the largest provider of demand response worldwide and products and services aimed at energy transformation at home, city and industrial level.By applying solutions resulting from the digital transformation to the energy sector, Enel X is dedicated to the fields of electric mobility, smart homes and smart cities, intelligent public lighting, integration of renewables, energy efficiency for businesses and public administrations.\nIts main office is in Rome.
Mahiya Mahi Mahiya Sharmin Akter Nipa (born 27 October), known as Mahiya Mahi, is a Bangladeshi film actress. She is considered as the current highest paid actress of Bangladeshi film industry.
E-commerce Commerce is the exchange of goods and services, especially on a large scale.\n\n\n== Etymology ==\nThe English-language word commerce has been derived from the Latin word commercium, from com ("together") and merx ("merchandise").
GN Store Nord GN Store Nord A/S is a Danish manufacturer of hearing aids (GN ReSound/GN Hearing) and headsets (Jabra (GN Audio)).\n\n\n== History ==\n\n\n=== The Great Northern Telegraph Company ===\n\nThe company was founded as The Great Northern Telegraph Company (Det Store Nordiske Telegrafselskab A/S) in Denmark in June 1869.
Total Football Total Football (Dutch: totaalvoetbal) is a tactical system in association football in which any outfield player can take over the role of any other player in a team. Although Dutch club Ajax and the Netherlands national football team are generally credited with creating this system during the 1970s, there were other sides who had played a similar style before, such as the Austrian Wunderteam of the 1930s, the Argentine side "La Maquina" of River Plate in the 1940s, the Golden Team of Hungary in the 1950s, English team Burnley in the late 1950s and early 1960s, and Brazilian side Santos in the 1960s.
Resource acquisition is initialization Resource acquisition is initialization (RAII) is a programming idiom used in several object-oriented, statically-typed programming languages to describe a particular language behavior. In RAII, holding a resource is a class invariant, and is tied to object lifetime.
Combined approval voting Combined approval voting (CAV) is an electoral system where each voter may express approval, disapproval, or indifference toward each candidate. The winner is the most-approved candidate.
Algorithm In mathematics and computer science, an algorithm ( (listen)) is a finite sequence of rigorous instructions, typically used to solve a class of specific problems or to perform a computation. Algorithms are used as specifications for performing calculations and data processing.
Operation May Day Operation May Day was a series of entomological warfare (EW) tests conducted by the U.S. military in Savannah, Georgia in 1956.\n\n\n== Operation ==\nOperation May Day involved a series of EW tests from April to November 1956.
Sales operations Sales operations is a set of business activities and processes that help a sales organization run effectively, efficiently and in support of business strategies and objectives. Sales operations may also be referred to as sales, sales support, or business operations.
Association Trio The Association Trio (Georgian: ასოცირებული ტრიო, asotsirebuli trio; Romanian: Trio Asociat; Ukrainian: Асоційоване тріо, romanized: Asocijovane trio), also known as the Associated Trio, is a tripartite format for the enhanced cooperation, coordination, and dialogue between the Ministries of Foreign Affairs of Georgia, Moldova and Ukraine with the European Union on issues of common interest related to European integration, enhancing cooperation within the framework of the Eastern Partnership, and committing to the prospect of joining the European Union.The participants of the format have expressed a clear position to obtain eventual membership in the European Union and reaffirm their commitment to further implement their respective Association Agreements with the EU. In this context, they recall that under Article 49 of the TEU, the countries of Georgia, Moldova, and Ukraine have a European perspective and can apply for membership in the European Union, provided that all the necessary criteria for EU membership are met.\nCoordinating their actions, Georgia, Moldova and Ukraine seek to expand the possibilities of their Association Agreements, promote sectoral convergence with the EU (integration into the Digital Single Market, energy and customs union, ENTSO-E, and with the Schengen Area; transport cooperation, green course, justice and home affairs, strategic communications, health, security and defense) and gradually integrate into the European Single Market.
Dysphagia Dysphoria (from Ancient Greek δύσφορος (dúsphoros) 'grievous'; from δυσ- (dus-) 'bad, difficult', and φέρω (phérō) 'to bear') is a profound state of unease or dissatisfaction. It is the opposite of euphoria.
Risk Factors
HEINZ H J CO Item 1A Risk Factors In addition to the factors discussed elsewhere in this Report, the following risks and uncertainties could materially adversely affect the Company’s business, financial condition, and results of operations
Additional risks and uncertainties not presently known to the Company or that the 3 _________________________________________________________________ [4]Table of Contents Company currently deems immaterial also may impair the Company’s business operations and financial condition
Competitive product and pricing pressures in the food industry could adversely affect the Company’s ability to gain or maintain market share
The Company operates in the highly competitive food industry across its product lines competing with other companies that have varying abilities to withstand changing market conditions
Any significant change in relationship with a major customer, including as a result of changes in product prices, sales volume, or contractual terms may impact financial results
Such changes may result because the Company’s competitors may have substantial financial, marketing, and other resources that may change the competitive environment
Such competition could cause the Company to reduce prices and/or increase capital, marketing, and other expenditures, or result in the loss of category share
Such changes could have a material adverse impact on the Company’s net income
As the retail grocery trade continues to consolidate, the larger retail customers of the Company could seek to use their positions to improve their profitability through lower pricing and increased promotional programs
If the Company is unable to use its scale, marketing expertise, product innovation, and category leadership positions to respond to these changes, its profitability and volume growth could be negatively impacted
The Company’s performance is affected by economic and political conditions in the US and in various other nations where it does business
The Company’s performance has been in the past and may continue in the future to be impacted by economic and political conditions in the United States and in other nations
Such conditions and factors include changes in applicable laws and regulations, including changes in food and drug laws, accounting standards, taxation requirements and environmental laws
Other factors impacting our operations include export and import restrictions, currency exchange rates, recession, foreign ownership restrictions, nationalization, the performance of businesses in hyperinflationary environments, and political unrest and terrorist acts in the US and other international locations where the Company does business
Such changes in either domestic or foreign jurisdictions could adversely affect our financial results
Increases in the cost and restrictions on the availability of raw materials could adversely affect our financial results
The Company sources raw materials including agricultural commodities such as tomatoes, cucumbers, potatoes, onions, other fruits and vegetables, dairy products, meat, sugar and other sweeteners, including high fructose corn syrup, spices, and flour, as well as packaging materials such as glass, plastic, metal, paper, fiberboard, and other materials in order to manufacture products
The cost of such commodities may fluctuate widely due to government policy and regulation, weather conditions, or other unforeseen circumstances
To the extent that any of the foregoing factors increase the prices of such commodities and the Company is unable to increase its prices or adequately hedge against such changes in a manner that offsets such changes, the results of its operations could be materially and adversely affected
Similarly, if supplier arrangements and relationships result in increased and unforeseen expenses, the Company’s financial results could be adversely impacted
Higher energy costs and other factors affecting the cost of producing, transporting, and distributing the Company’s products could adversely affect our financial results
Rising fuel and energy costs may have a significant impact on the cost of operations, including the manufacture, transport, and distribution of products
Fuel costs may fluctuate due to a number of factors outside the control of the Company, including government policy and regulation and weather conditions
Additionally, the Company may be unable to maintain favorable arrangements 4 _________________________________________________________________ [5]Table of Contents with respect to the costs of procuring raw materials, packaging, services, and transporting products, which could result in increased expenses and negatively affect operations
If the Company is unable to hedge against such increases or raise the prices of its products to offset the changes, its results of operations could be adversely affected
The results of the Company could be adversely impacted as a result of increased pension, labor, and people-related expenses
Inflationary pressures and any shortages in the labor market could increase labor costs, which could have a material adverse effect on the Company’s consolidated operating results or financial condition
The Company’s labor costs include the cost of providing employee benefits in the US and foreign jurisdictions, including pension, health and welfare, and severance benefits
Any declines in stock market returns could adversely impact the funding of health and welfare plans, the assets of which are invested in a diversified portfolio of equity securities and other investments
Additionally, the annual costs of benefits vary with increased costs of health care and the outcome of collectively-bargained wage and benefit agreements
The impact of various food safety issues, environmental, legal, tax, and other regulations and related developments could adversely affect the Company’s sales and profitability
The Company is subject to numerous food safety and other laws and regulations regarding the manufacturing, marketing, and distribution of food products
These regulations govern matters such as ingredients, advertising, taxation, relations with distributors and retailers, health and safety matters, and environmental concerns
The ineffectiveness of the Company’s planning and policies with respect to these matters, and the need to comply with new or revised laws or regulations with regard to licensing requirements, trade and pricing practices, environmental permitting, or other food or safety matters, or new interpretations or enforcement of existing laws and regulations, may have a material adverse effect on the Company’s sales and profitability
Avian flu or other pandemics could disrupt production of the Company’s products, reduce demand for certain of the Company’s products, or disrupt the marketplace in the foodservice or retail environment with consequent material adverse effect on the Company’s results of operations
The need for and effect of product recalls could have an adverse impact on the Company’s business
If any of the Company’s products become misbranded or adulterated, the Company may need to conduct a product recall
The scope of such a recall could result in significant costs incurred as a result of the recall, potential destruction of inventory, and lost sales
Should consumption of any product cause injury, the Company may be liable for monetary damages as a result of a judgment against it
A significant product recall or product liability case could cause a loss of consumer confidence in the Company’s food products and could have a material adverse effect on the value of its brands and results of operations
The failure of new product or packaging introductions to gain trade and consumer acceptance and changes in consumer preferences could adversely affect our sales
The success of the Company is dependent upon anticipating and reacting to changes in consumer preferences, including health and wellness
There are inherent marketplace risks associated with new product or packaging introductions, including uncertainties about trade and consumer acceptance
Moreover, success is dependent upon the Company’s ability to identify and respond to consumer trends through innovation
The Company may be required to increase expenditures for new product development
The Company may not be successful in developing new products or improving existing products, or its new products may not achieve consumer acceptance, each of which could negatively impact sales
5 _________________________________________________________________ [6]Table of Contents The failure to successfully integrate acquisitions and joint ventures into our existing operations or the failure to gain applicable regulatory approval for such transactions could adversely affect our financial results
The Company’s ability to efficiently integrate acquisitions and joint ventures into its existing operations also affects the financial success of such transactions
The Company may seek to expand its business through acquisitions and joint ventures, and may divest underperforming or non-core businesses
The Company’s success depends, in part, upon its ability to identify such acquisition and divestiture opportunities and to negotiate favorable contractual terms
Activities in such areas are regulated by numerous antitrust and competition laws in the U S, the European Union, and other jurisdictions, and the Company may be required to obtain the approval of such transactions by competition authorities, as well as satisfy other legal requirements
The failure to obtain such approvals could adversely affect our results
The Company’s operations face significant foreign currency exchange rate exposure, which could negatively impact its operating results
The Company holds assets and incurs liabilities, earns revenue, and pays expenses in a variety of currencies other than the U S dollar, primarily the British Pound, Euro, Australian dollar, Canadian dollar, and New Zealand dollar
The Company’s consolidated financial statements are presented in U S dollars, and therefore the Company must translate its assets, liabilities, revenue, and expenses into U S dollars
Increases or decreases in the value of the U S dollar may negatively affect the value of these items in the Company’s consolidated financial statements, even if their value has not changed in their original currency
To the extent the Company fails to manage its foreign currency exposure adequately, the Company’s consolidated results of operations may be negatively impacted
The failure to complete the strategic transformation through further simplification and cost savings could adversely affect the Company’s ability to increase net income
As publicly announced, the Company has been implementing a strategic transformation initiative to simplify its business, further prune and realign its portfolio, sell underutilized assets, reduce cost and increase efficiency, and sharpen its focus on three core categories of Ketchup & Sauces, Meals & Snacks, and Infant Food
The success of the Company could be impacted by its inability to continue to execute on its plans through product innovation, implementing cost-cutting measures, enhancing processes and systems on a global basis, and growing market share and volume
Additionally, the Company’s inability to limit disruptions to the business resulting from the emphasis on the three core categories and potential non-core divestitures could adversely affect our financial results
The failure to fully implement the plans could adversely affect the Company’s ability to increase net income