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Arithmetic Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today.
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.
Operations research Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences.
Bitwise operation In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor.
Operations director The role of operations director generally encompasses the oversight of operational aspects of company strategy with responsibilities to ensure operation information is supplied to the chief executive and the board of directors as well as external parties.\n\n\n== Description ==\nThe role of operations director can vary according to the size of a company, and at some companies many even encompass some or all the functions of a chief operating officer.The Institute of Directors of the United Kingdom defines the role as overseeing "all operational aspects of company strategy" and "responsible for the flow of operations information to the chief executive, the board and, where necessary, external parties such as investors or financial institutions".
Financial condition report In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. Risk assessment in an FCR involves dynamic solvency testing, a type of dynamic financial analysis that simulates management response to risk scenarios, to test whether a company could remain solvent in the face of deteriorating economic conditions or major disasters.
Financial ratio A financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization.
Financial law Financial law is the law and regulation of the insurance, derivatives, commercial banking, capital markets and investment management sectors. Understanding Financial law is crucial to appreciating the creation and formation of banking and financial regulation, as well as the legal framework for finance generally.
Trustmark (bank) Trustmark is a commercial bank and financial services company headquartered in Jackson, Mississippi, United States, with subsidiaries Trustmark National Bank, Trustmark Investment Advisors, and Fisher Brown Bottrell Insurance. The bank's initial predecessor, The Jackson Bank, was chartered by the State of Mississippi in 1889.
Form 10-K A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a company's financial performance. Although similarly named, the annual report on Form 10-K is distinct from the often glossy "annual report to shareholders," which a company must send to its shareholders when it holds an annual meeting to elect directors (though some companies combine the annual report and the 10-K into one document).
Stock market A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind.
Defence mechanism In psychoanalytic theory, a defence mechanism (American English: defense mechanism), is an unconscious psychological operation that functions to protect a person from anxiety-producing thoughts and feelings related to internal conflicts and outer stressors.Defence mechanisms may result in healthy or unhealthy consequences depending on the circumstances and frequency with which the mechanism is used. Defence mechanisms (German: Abwehrmechanismen) are psychological strategies brought into play by the unconscious mind to manipulate, deny, or distort reality in order to defend against feelings of anxiety and unacceptable impulses and to maintain one's self-schema or other schemas.
The Day the Music Died On February 3, 1959, American rock and roll musicians Buddy Holly, Ritchie Valens, and "The Big Bopper" J. P. Richardson were killed in a plane crash near Clear Lake, Iowa, together with pilot Roger Peterson. The event later became known as "The Day the Music Died" after singer-songwriter Don McLean referred to it as such in his 1971 song "American Pie".
Botswana Botswana ( (listen), also UK: ), officially the Republic of Botswana (Setswana: Lefatshe la Botswana, [lɪˈfatsʰɪ la bʊˈtswana]), is a landlocked country in Southern Africa. Botswana is topographically flat, with up to 70 percent of its territory being the Kalahari Desert.
News America Marketing News America Marketing, often referred to as just News America, is a marketing business owned by News Corp. It publishes SmartSource Magazine, a weekly consumer-branded newspaper insert offering advertising and coupon promotions, delivered in over 1,600 newspapers in the U.S. and is one of three companies in the United States (the other two are Valassis Communications and Insignia Systems, Inc.) that control almost all the in-store ads and grocery coupons in the United States.One major division of the company is SmartSource iGroup, formed in 2000 from acquisitions and investments and runs the company's online couponing site, www.smartsource.com, in addition to other interactive consumer businesses like sampling and direct mail.
One America News Network One America News Network (OANN), also known as One America News (OAN), is a far-right, pro-Trump cable channel founded by Robert Herring Sr. and owned by Herring Networks, Inc., that launched on July 4, 2013.
Strategic lawsuit against public participation Strategic lawsuits against public participation (also known as SLAPP suits or intimidation lawsuits), or strategic litigation against public participation, are lawsuits intended to censor, intimidate, and silence critics by burdening them with the cost of a legal defense until they abandon their criticism or opposition.In a typical SLAPP, the plaintiff does not normally expect to win the lawsuit. The plaintiff's goals are accomplished if the defendant succumbs to fear, intimidation, mounting legal costs, or simple exhaustion and abandons the criticism.
Derivative suit A shareholder derivative suit is a lawsuit brought by a shareholder on behalf of a corporation against a third party. Often, the third party is an insider of the corporation, such as an executive officer or director.
Competition Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc.
The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.\nDisney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Cartoon Studio; it also operated under the names the Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986.
The Pokémon Company The Pokémon Company (株式会社ポケモン, Kabushiki gaisha Pokémon) is a Japanese company responsible for brand management, production, publishing, marketing and licensing of the Pokémon franchise, which consists of video game software, a trading card game, anime television series, films, manga, home entertainment products, merchandise, and other ventures. It was established through a joint investment by the three businesses holding the copyright of Pokémon: Nintendo, Game Freak, and Creatures.
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Amazon (company) Amazon.com, Inc. ( AM-ə-zon) is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
Public company A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company).
Privately held company A privately held company or private company is a company which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately or over-the-counter. In the case of a close corporation, there are a relatively small number of shareholders or company members.
On (company) On, sometimes referred to as On Running is an athletic shoe and performance sportswear company originating in Switzerland that designs and markets sports clothing and running shoes.\nAs of 2019 the company held 40% of the running shoe market in Switzerland and 10% in Germany.
Strategic litigation Strategic litigation, also known as impact litigation, is the practice of bringing lawsuits intended to effect societal change. Impact litigation cases may be class action lawsuits or individual claims with broader significance, and may rely on statutory law arguments or on constitutional claims.
Public interest law Public interest law refers to legal practices undertaken to help poor, marginalized, or under-represented people, or to effect change in social policies in the public interest, on 'not for profit' terms (pro bono publico), often in the fields of civil rights, civil liberties, religious liberty, human rights, women's rights, consumer rights, environmental protection, and so on.In a celebrated 1905 speech, Louis Brandeis decried the legal profession, complaining that "able lawyers have to a large extent allowed themselves to become adjuncts of great corporations and have neglected their obligation to use their powers for the protection of the people."In the tradition thus exemplified, a common ethic for public-interest lawyers in a growing number of countries remains "fighting for the little guy".\n\n\n== By jurisdiction ==\n\n\n=== Central and Eastern Europe ===\nAt the end of the communist period in the early 1990s, the national legal systems of Central and Eastern Europe were still in a formative stage.
Impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as indexed by Clarivate's Web of Science. As a journal-level metric, it is frequently used as a proxy for the relative importance of a journal within its field; journals with higher impact factor values are given the status of being more important, or carry more prestige in their respective fields, than those with lower values.
Impact Wrestling Impact Wrestling (stylized as IMPACT! Wrestling) is an American professional wrestling promotion based in Nashville, Tennessee.
Open market operation In macroeconomics, an open market operation (OMO) is an activity by a central bank to give (or take) liquidity in its currency to (or from) a bank or a group of banks. The central bank can either buy or sell government bonds (or other financial assets) in the open market (this is where the name was historically derived from) or, in what is now mostly the preferred solution, enter into a repo or secured lending transaction with a commercial bank: the central bank gives the money as a deposit for a defined period and synchronously takes an eligible asset as collateral.
Competitor analysis Competitive analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats.
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Risk Factors
INSIGNIA SYSTEMS INC/MN Item 1A Risk Factors Our business faces significant risks, including the risks described below
Additional risks that we do not yet know of or that we currently believe are immaterial may also impair our business operations
If any of the events or circumstances described in the following risks occurs, our business, financial condition or results of operations could suffer, and the trading price of our common stock could decline
We Have Had Significant Losses In Recent Periods We experienced net losses of dlra3cmam308cmam000, dlra4cmam858cmam000 and dlra4cmam252cmam000 for the years ended December 31, 2005, 2004 and 2003
There can be no assurance that we will be profitable on a quarterly or annual basis
If we are unable to generate net income from operations our business will be adversely affected and our stock price will likely decline
We Are Involved In Major Litigation In October 2003, News America brought suit against the Company in US District Court in New York, New York, alleging that the Company has engaged in deceptive acts and practices, has interfered with existing business relationships with retailers and prospective economic advantage, and has engaged in unfair competition
The suit seeks unspecified damages and injunctive relief
The Company filed a Motion to Dismiss in February 2004
In June 2004 News America amended the suit against the Company and the Company filed an amended Motion to Dismiss in August 2004
The Company is awaiting decision by the Court
Discovery has been stayed in this action
The Company believes the allegations are without merit and that the Company will prevail
In September 2004, the Company brought suit against News America and Albertson’s Inc
in Federal District Court in Minneapolis, Minnesota, for violations of federal and state antitrust and false advertising laws, alleging that News America has acquired and maintained monopoly power through various wrongful acts designed to harm the Company in the in-store advertising and promotion products and services market
The suit seeks injunctive relief sufficient to prevent further antitrust injury and an award of treble damages to be determined at trial for the harm caused to the Company
In August 2005, the Court dismissed the suit, but permitted the Company to file an Amended Complaint with more specific allegations regarding the illegal actions taken by the defendants
The Company filed the Amended Complaint on September 23, 2005 and News America and Albertson’s Inc
refiled their Motions to Dismiss
The motions were heard on February 17, 2006 and the Company is awaiting a decision by the Court
During the years ended December 31, 2005, 2004 and 2003, the Company incurred legal fees of dlra1cmam085cmam000, dlra2cmam527cmam000 and dlra766cmam000 related to the News America lawsuits and expects to continue to incur significant expenses until the litigation is concluded
Also, if we are required to pay a significant amount in settlement or damages, it will have a material adverse effect on our operations and financial condition
Continuing litigation with a retailer could also have a negative impact on our business
If we are unable to offer guarantees at the required levels in the new contracts, and the contracts are not renewed because of that or because of other reasons, it will have a material adverse effect on our operations and financial condition
Our POPS business and results of operations could be adversely affected if the number of retailer partners decreases significantly or if the retailer partners fail to continue to provide good service including performing their duties in placing and maintaining POPSigns at the shelf in their stores and providing product movement data to us
We May Need Additional External Financing In The Future Which May Not Be Available The Company has implemented various initiatives to improve its operating performance through the reduction of cost of sales expenses, operating expenses and legal fees
Management believes it will be able to continue to fund operations through cash saved as a result of the implementation of these initiatives and the anticipated renewal of the existing credit line
However, there can be no assurance that additional external financing will not be needed or that the Company will be able to secure such financing if and when needed
Our Results Of Operations May Be Subject To Significant Fluctuations Which May Result In A Decrease In Our Stock Price Our quarterly and annual operating results have fluctuated in the past and may vary in the future due to a wide variety of factors including: • the loss of contracts with retailers; • the continued impact of significant litigation on our business; • the timing of seasonal events for customers or the loss of customers; • the timing of new retail stores being added; • the timing of additional selling, marketing and general and administrative expenses; and • competitive conditions in our industry
Due to these factors, our quarterly net sales, expenses and results of operations could vary significantly in the future and this could adversely affect the market price of our common stock
We Have Significant Competitors We face significant competition from other providers of at-shelf advertising or promotional signage
Some of these competitors have significantly greater financial resources that can be used to market their products
Should our competitors succeed in obtaining more of the at-shelf advertising business from our current customers, our revenues and related operations would be adversely affected
8 _________________________________________________________________ [28]Table of Contents Our Results Are Dependent On The Success Of Our Insignia POPS Program Which Represents A Very Significant Part Of Our Business Our company is largely dependent on our POPS program, which represented approximately 84prca, 83prca and 85prca of total net sales for fiscal 2005, 2004 and 2003, respectively
We expect the POPS program to continue to represent a higher percentage in fiscal 2006 and future periods
Should brand manufacturers no longer perceive value in the POPS program, our business and results of operations would be adversely affected due to our heavy dependence on this program
Our Results Are Dependent On The Level Of Spending By Branded Product Manufacturers For Advertising And Promotional Expenditures Our company is largely dependent on the net sales from our POPSigns, which are purchased by branded product manufacturers
Changes in economic conditions could result in reductions in advertising and promotional expenditures by branded product manufacturers
Should these reductions occur, our revenues and related results of operations would be adversely affected
Our Results Are Dependent On Our Manufacturer Partners Continuing To Achieve Sales Increases Our product manufacturer customers use our POPS program to motivate consumers to buy their branded products
Use of our POPS program has historically resulted in sales increases for that particular product
If our POPS program does not continue to result in these product sales increases, our marketing success and sales levels could be adversely affected
Our Stock Price Has Been And May Continue To Be Volatile During 2005 our common stock has traded between dlra2dtta31 and dlra0dtta25 per share
The market price of our common stock may continue to be volatile and may be significantly affected by: • the loss or addition of contracts with major retailers; • the continued impact of significant litigation on our business; • actual or anticipated fluctuations in our operating results; • announcements of new services by us or our competitors; • developments with respect to conditions and trends in our industry or in the industries we serve; • general market conditions; and • other factors, many of which are beyond our control