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Risk assessment Broadly speaking, a risk assessment is the combined effort of:\n\nidentifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis); and\nmaking judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e.
You've Got to Be Carefully Taught "You've Got to Be Carefully Taught" (sometimes "You've Got to Be Taught" or "Carefully Taught") is a show tune from the 1949 Rodgers and Hammerstein musical South Pacific.\nSouth Pacific received scrutiny for its commentary regarding relationships between different races and ethnic groups.
Company A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
Carbonated water Carbonated water (also known as soda water, sparkling water, fizzy water, club soda, water with gas, in many places as mineral water or (especially in the U.S.) as seltzer or seltzer water) is water containing dissolved carbon dioxide gas, either artificially injected under pressure or occurring due to natural geological processes. Carbonation causes small bubbles to form, giving the water an effervescent quality.
Anjana Basu Anjana Basu is a Bengali Indian actress and BJP politician based in Kolkata. She started her acting career with modelling, and gradually with a serial "Robir Aloy" which aired on Alpha Bangla (presently known as Zee Bangla), she came into the limelight.
Interspecific competition Interspecific competition, in ecology, is a form of competition in which individuals of different species compete for the same resources in an ecosystem (e.g. food or living space).
Monopoly A monopoly (from Greek μόνος, mónos, 'single, alone' and πωλεῖν, pōleîn, 'to sell'), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market.
Sport of athletics Athletics is a group of sporting events that involves competitive running, jumping, throwing, and walking. The most common types of athletics competitions are track and field, road running, cross country running, and racewalking.
Client–server model Client-server model is a distributed application structure that partitions tasks or workloads between the providers of a resource or service, called servers, and service requesters, called clients. Often clients and servers communicate over a computer network on separate hardware, but both client and server may reside in the same system.
Manufacturers Hanover Corporation Manufacturers Hanover Corporation was the bank holding company formed as parent of Manufacturers Hanover Trust Company, a large New York bank formed by a merger in 1961. After 1969, Manufacturers Hanover Trust became a subsidiary of Manufacturers Hanover Corporation.
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.
Competition between Airbus and Boeing The competition between Airbus and Boeing has been characterised as a duopoly in the large jet airliner market since the 1990s. This resulted from a series of mergers within the global aerospace industry, with Airbus beginning as a pan-European consortium while the American Boeing absorbed its former arch-rival, McDonnell Douglas, in 1997.
Life imprisonment Life imprisonment is any sentence of imprisonment for a crime under which convicted people are to remain in prison for the rest of their natural lives or indefinitely until pardoned, paroled, or otherwise commuted to a fixed term. Crimes for which, in some countries, a person could receive this sentence include murder, torture, terrorism, child abuse resulting in death, rape, espionage, treason, drug trafficking, drug possession, human trafficking, severe fraud and financial crimes, aggravated criminal damage, arson, kidnapping, burglary, and robbery, piracy, aircraft hijacking, and genocide, crimes against humanity, war crimes or any three felonies in case of three-strikes law.
Road pricing Road pricing (also road user charges) are direct charges levied for the use of roads, including road tolls, distance or time based fees, congestion charges and charges designed to discourage use of certain classes of vehicle, fuel sources or more polluting vehicles. These charges may be used primarily for revenue generation, usually for road infrastructure financing, or as a transportation demand management tool to reduce peak hour travel and the associated traffic congestion or other social and environmental negative externalities associated with road travel such as air pollution, greenhouse gas emissions, visual intrusion, noise pollution and road traffic collisions.In most countries toll roads, toll bridges and toll tunnels are often used primarily for revenue generation to repay for long-term debt issued to finance the toll facility, or to finance capacity expansion, operations and maintenance of the facility itself, or simply as general tax funds.
Commodity In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.
Natural gas vehicle A natural gas vehicle (NGV) is an alternative fuel vehicle that uses compressed natural gas (CNG) or liquefied natural gas (LNG). Natural gas vehicles should not be confused with autogas vehicles powered by liquefied petroleum gas (LPG), mainly propane, a fuel with a fundamentally different composition.
...Continued ...Continued is the second album released by Tony Joe White. It was released on Monument Records and contained the single Roosevelt and Ira Lee It was recorded at Monument Studios, Nashville and Lyn-Lou Studios, Memphis in 1969.
Ketogenic diet The ketogenic diet is a high-fat, adequate-protein, low-carbohydrate mainstream dietary therapy that in medicine is used mainly to treat hard-to-control (refractory) epilepsy in children. The diet forces the body to burn fats rather than carbohydrates.
Effective method In logic, mathematics and computer science, especially metalogic and computability theory, an effective method or effective procedure is a procedure for solving a problem by any intuitively 'effective' means from a specific class. An effective method is sometimes also called a mechanical method or procedure.
Binomial distribution In probability theory and statistics, the binomial distribution with parameters n and p is the discrete probability distribution of the number of successes in a sequence of n independent experiments, each asking a yes–no question, and each with its own Boolean-valued outcome: success (with probability p) or failure (with probability q = 1 − p). A single success/failure experiment is also called a Bernoulli trial or Bernoulli experiment, and a sequence of outcomes is called a Bernoulli process; for a single trial, i.e., n = 1, the binomial distribution is a Bernoulli distribution.
Pareto distribution The Pareto distribution, named after the Italian civil engineer, economist, and sociologist Vilfredo Pareto, (Italian: [paˈreːto] US: pə-RAY-toh), is a power-law probability distribution that is used in description of social, quality control, scientific, geophysical, actuarial, and many other types of observable phenomena. Originally applied to describing the distribution of wealth in a society, fitting the trend that a large portion of wealth is held by a small fraction of the population.
Grocery store A grocery store (AE), grocery shop (BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries.
A&P The Great Atlantic & Pacific Tea Company, better known as A&P, was an American chain of grocery stores that operated from 1859 to 2015. From 1915 through 1975, A&P was the largest grocery retailer in the United States (and, until 1965, the largest U.S. retailer of any kind).A&P was considered an American icon that, according to The Wall Street Journal, "was as well known as McDonald's or Google is today", and was "the Walmart before Walmart".
Grocery Outlet Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer deeply discounted, overstocked, and closeout products from name brand and private label suppliers.
Roots rock Roots rock is rock music that looks back to rock's origins in folk, blues and country music. It is particularly associated with the creation of hybrid subgenres from the later 1960s including blues rock, country rock, Southern rock, and swamp rock which have been seen as responses to the perceived excesses of dominant psychedelic and developing progressive rock.
Proprietary software Proprietary software, also known as non-free software or closed-source software, is computer software for which the software's publisher or another person reserves some licensing rights to use, modify, share modifications, or share the software, restricting user freedom with the software they lease. It is the opposite of open-source or free software.
Stochastic volatility In statistics, stochastic volatility models are those in which the variance of a stochastic process is itself randomly distributed. They are used in the field of mathematical finance to evaluate derivative securities, such as options.
Volatiles Volatiles are the group of chemical elements and chemical compounds that can be readily vaporized. In contrast with volatiles, elements and compounds that are not readily vaporized are known as refractory substances.
Think different "Think different" is an advertising slogan used from 1997 to 2002 by Apple Computer, Inc., now named Apple Inc. The campaign was created by the Los Angeles office of advertising agency TBWA\Chiat\Day.
Geneva International Discussions The Geneva International Discussions (GID) are international talks to address the consequences of the 2008 conflict in Georgia. They were launched in Geneva, Switzerland, in October 2008 and are co-chaired by the Organization for Security and Co-operation in Europe (OSCE), the European Union (EU), and the United Nations (UN), the Geneva process brings together representatives of the participants of the conflict—Georgia, Russia, and Georgia's breakaway Abkhazia and South Ossetia—as well as the United States.After the cessation of the UN and OSCE missions in Abkhazia and South Ossetia, respectively, following the August 2008 Russo–Georgian war, the GID remain the only platform for all interested sides to discuss security-related issues and humanitarian needs of the conflict-affected population.The commitment of non-use of force is one of the principal issues at point discussed at several GID rounds.
Quarter Pounder The Quarter Pounder is a hamburger sold by international fast food chain McDonald's, so named for containing a patty with a precooked weight of 4 oz, a quarter of a pound (113.4 g). It was first introduced in 1971.
Platform as a service Platform as a service (PaaS) or application platform as a service (aPaaS) or platform-based service is a category of cloud computing services that allows customers to provision, instantiate, run, and manage a modular bundle comprising a computing platform and one or more applications, without the complexity of building and maintaining the infrastructure typically associated with developing and launching the application(s); and to allow developers to create, develop, and package such software bundles.\n\n\n== Development and uses ==\nPaaS can be delivered in three ways:\n\nAs a public cloud service from a provider, where the consumer controls software deployment with minimal configuration options, and the provider provides the networks, servers, storage, operating system (OS), middleware (e.g.
The Banker (2020 film) The Banker is a 2020 American drama film directed, co-written and produced by George Nolfi. The film stars Anthony Mackie, Nicholas Hoult, Nia Long, Jessie T. Usher and Samuel L. Jackson.
Ivar the Boneless Ivar the Boneless (Old Norse: Ívarr hinn Beinlausi [ˈiːˌwɑrː ˈhinː ˈbɛinˌlɔuse]; born in 800s–c. 873), also known as Ivar Ragnarsson, was a semi-legendary Viking leader who invaded England and Ireland.
Risk Factors
LANCE INC Item 1A Risk Factors In addition to the other information in this Form 10-K, the following risk factors should be considered carefully in evaluating the Company’s business
The business, financial condition or results of operations of the Company could be materially adversely affected by any of these risks
Additional risks and uncertainties, including risks not presently known to the Company, or that it currently deems immaterial, may also impair the Company’s business and or operations
Price competition and industry consolidation could adversely impact the Company’s performance The sales of most of the Company’s products are subject to intense competition primarily through discounting and other price cutting techniques by competitors, many of whom are significantly larger and have greater resources than the Company
In addition, there is a continuing consolidation by the major companies in the food industry, which could increase competition
The intense competition increases the possibility that the Company could lose one or more major customers, lose market share, increase expenditures or reduce pricing, which could have an adverse impact on the Company’s business or financial results
3 _________________________________________________________________ Increases in prices of primary ingredients and other commodities could cause the Company’s costs to increase The Company’s cost of sales can be adversely impacted by changes in the cost of raw materials, principally vegetable oil, flour, sugar, potatoes, peanuts, peanut butter, other nuts, cheese and seasonings
While the Company obtains substantial commitments for the future delivery of certain of its raw materials and may engage in limited hedging to reduce the price risk of these raw materials, continuing long-term increases in the costs of raw materials could adversely impact the Company’s cost of sales
The Company can also be adversely impacted by changes in the cost of natural gas and other fuel costs and may engage in limited hedging to reduce the price risk associated with these costs
Continuing long-term increases in the cost of natural gas and fuel costs could adversely impact the Company’s cost of sales and selling, marketing and delivery expenses
Food industry factors could adversely affect the Company’s revenues and costs Food industry factors including obesity and nutritional concerns, diet trends and the use of trans-fatty acids in food products could adversely affect the Company’s revenues and cost of sales
The inability to maintain effective sales and marketing strategies could adversely impact the Company’s performance The Company’s plans for long-term profitable sales growth depend on the ability of the Company to improve the effectiveness of its distribution systems, to develop and execute effective marketing strategies, to develop and introduce successful new products and to obtain increased distribution through significant trade channels such as mass merchandisers, convenience and grocery stores
Also, distribution of the Company’s products through vending machines remains an outlet for its products and a further decline in revenue from this source could have an adverse effect on the Company’s results
The Company is exposed to interest rate volatility, foreign exchange rate volatility and credit risks The Company is exposed to interest rate volatility with regard to variable rate debt facilities
The Company is exposed to foreign exchange rate volatility primarily through the operations of its Canadian subsidiary
In addition, the Company is exposed to certain credit risks related to the collection of its accounts receivable
Acquisitions and divestitures may result in financial results that are different than expected In the normal course of business, the Company engages in discussions relating to possible acquisitions and divestitures
As a result of potentially entering into such transactions, the Company’s financial results may differ from expectations in a given quarter, or over a long-term period
In addition, the Company’s future operating results are dependent on the Company’s ability to integrate the operations of recently acquired assets, as well as businesses that the Company may acquire in the future, with existing operations
The inability to effectively integrate the recently acquired assets could adversely impact the Company’s revenues and cost of operations
There are other factors not described above that could also cause actual results to differ materially from those in any forward-looking statement made by or on behalf of the Company