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Factor of safety In engineering, a factor of safety (FoS), also known as (and used interchangeably with) safety factor (SF), expresses how much stronger a system is than it needs to be for an intended load. Safety factors are often calculated using detailed analysis because comprehensive testing is impractical on many projects, such as bridges and buildings, but the structure's ability to carry a load must be determined to a reasonable accuracy.
Constant conjunction Constant conjunction: Repeated observation of events of type A being followed by events of type B is called the constant conjunction of A and B. The critical philosophical question is whether observation of constant conjunctions of this type allows us to conclude that event A causes event B. To understand the issue, which is of central importance in philosophy of science, it is helpful to look at a few examples. According to a Wall Street Journal article, Juneau County in Wisconsin has voted for the Presidential winner in every election since 1980.
Roe v. Wade Roe v. Wade, 410 U.S. 113 (1973), was a landmark decision of the U.S. Supreme Court in which the Court ruled that the Constitution of the United States protects a pregnant woman's liberty to choose to have an abortion without excessive government restriction.
Federal Prospects Hockey League The Federal Prospects Hockey League (FPHL) is a professional ice hockey league with teams in the Midwestern, Southern, and Northeastern United States. The FPHL began operations in November 2010 as the Federal Hockey League.
Habitat fragmentation Habitat fragmentation describes the emergence of discontinuities (fragmentation) in an organism's preferred environment (habitat), causing population fragmentation and ecosystem decay. Causes of habitat fragmentation include geological processes that slowly alter the layout of the physical environment (suspected of being one of the major causes of speciation), and human activity such as land conversion, which can alter the environment much faster and causes the extinction of many species.
Perfect competition In economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition. In theoretical models where conditions of perfect competition hold, it has been demonstrated that a market will reach an equilibrium in which the quantity supplied for every product or service, including labor, equals the quantity demanded at the current price.
Periodical cicadas The term periodical cicada is commonly used to refer to any of the seven species of the genus Magicicada of eastern North America, the 13- and 17-year cicadas. They are called periodical because nearly all individuals in a local population are developmentally synchronized and emerge in the same year.
Periodic poling Periodic poling is a formation of layers with alternate orientation in a birefringent material. The domains are regularly spaced, with period in a multiple of the desired wavelength of operation.
Columbia-class submarine The Columbia-class submarine (formerly known as the Ohio Replacement Submarine and SSBN-X Future Follow-on Submarine) is an upcoming class of nuclear submarines designed to replace the Ohio-class ballistic missile submarines in the United States Navy. The first submarine officially began construction on 1 October 2020, and is scheduled to enter service in 2031.On 3 June 2022, the Navy announced that this first boat will be named USS District of Columbia (SSBN-826), because there currently exists an attack submarine named USS Columbia (SSN-771).
Joint Chiefs of Staff The Joint Chiefs of Staff (JCS) is the body of the most senior uniformed leaders within the United States Department of Defense, that advises the president of the United States, the secretary of defense, the Homeland Security Council and the National Security Council on military matters. The composition of the Joint Chiefs of Staff is defined by statute and consists of a chairman (CJCS), a vice chairman (VJCS), the service chiefs of the Army, Marine Corps, Navy, Air Force, Space Force, and the chief of the National Guard Bureau.
Glossary of professional wrestling terms Professional wrestling has accrued a considerable amount of jargon throughout its existence. Much of it stems from the industry's origins in the days of carnivals and circuses.
Property management Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate.
Asset In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value.
Copyleft Copyleft is the practice of granting the right to freely distribute and modify intellectual property with the requirement that the same rights be preserved in derivative works created from that property. Copyleft in the form of licenses can be used to maintain copyright conditions for works ranging from computer software, to documents, art, scientific discoveries and even certain patents.
Digital banking Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization.
Regent A regent (from the Latin regens: ruling, governing) is a person appointed to govern a state pro tempore (Latin: 'for the time being') because the monarch is a minor, absent, incapacitated or unable to discharge the powers and duties of the monarchy, or the throne is vacant and the new monarch has not yet been determined. The rule of a regent or regents is called a regency.
Government failure Government failure, in the context of public economics, is an economic inefficiency caused by a government intervention, if the inefficiency would not exist in a true free market. The costs of the government intervention are greater than the benefits provided.
Gianni Versace Giovanni Maria "Gianni" Versace (Italian: [dʒoˈvanni maˈriːa verˈsaːtʃe]; 2 December 1946 – 15 July 1997) was an Italian fashion designer, socialite and businessman. He was the founder of Versace, an international luxury-fashion house that produces accessories, fragrances, make-up, home furnishings and clothes.
Bill Cosby sexual assault cases American stand-up comedian Bill Cosby has been the subject of publicized sexual assault allegations, and was convicted of aggravated indecent assault in 2018 before the conviction was vacated by the Supreme Court of Pennsylvania on June 30, 2021, due to violations of his constitutional rights. He has been accused by approximately 60 women of rape, drug-facilitated sexual assault, sexual battery, child sexual abuse, and sexual misconduct.
Bipartisan Background Checks Act The Bipartisan Background Checks Act is a proposed United States law that would establish new background check requirements for firearm transfers between private parties. It would prohibit a firearm transfer between private parties until a licensed gun dealer, manufacturer, or importer conducts a successful background check.
Economic credentialing Economic credentialing is a term of disapproval used by the American Medical Association (AMA). The association defines the term as "the use of economic criteria unrelated to quality of care or professional competence in determining a physician's qualifications for initial or continuing hospital medical staff membership or privileges."\nTraditionally, physicians applied for hospital staff membership based on education, medical licensure and a record of quality care.
Temporary work Temporary work or temporary employment (also called gigs) refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization. Temporary employees are sometimes called "contractual", "seasonal", "interim", "casual staff", "outsourcing", "freelance"; or the words may be shortened to "temps".
Contingent work Contingent work, casual work, or contract work, is an employment relationship with limited job security, payment on a piece work basis, typically part-time (typically with variable hours) that is considered non-permanent. Although there is less job security, freelancers often report incomes higher than their former traditional jobs.Contingent workers are also often called consultants, freelancers, independent contractors, independent professionals, temporary contract workers or temps.According to the US Bureau of Labor Statistics (BLS), the nontraditional workforce includes "multiple job holders, contingent and part-time workers, and people in alternative work arrangements".
Dirichlet conditions In mathematics, the Dirichlet conditions are sufficient conditions for a real-valued, periodic function f to be equal to the sum of its Fourier series at each point where f is continuous. Moreover, the behavior of the Fourier series at points of discontinuity is determined as well (it is the midpoint of the values of the discontinuity).
Social programs in the United States Social programs in the United States are programs designed to ensure that the basic needs of the American population are met. Federal and state social programs include cash assistance, health insurance, food assistance, housing subsidies, energy and utilities subsidies, and education and childcare assistance.
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.
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.
Reproductive toxicity Reproductive toxicity refers to the potential risk from a given chemical, physical or biologic agent to adversely affect both male and female fertility as well as offspring development. Reproductive toxicants may adversely affect sexual function, ovarian failure, fertility as well as causing developmental toxicity in the offspring.
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Mongol invasion of Volga Bulgaria The Mongol invasion of Volga Bulgaria lasted from 1223 to 1236. The Bulgar state, centered in lower Volga and Kama, was the center of the fur trade in Eurasia throughout most of its history.
Mixed-use development Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some degree physically and functionally integrated, and that provides pedestrian connections. Mixed-use development may be applied to a single building, a block or neighborhood, or in zoning policy across an entire city or other administrative unit.
Market power In economics, market power refers to the ability of a firm to influence the price at which it sells a product or service by manipulating either the supply or demand of the product or service to increase economic profit. In other words, market power occurs if a firm does not face a perfectly elastic demand curve and can set its price (P) above marginal cost (MC) without losing revenue.
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.
Conversion of units Conversion of units is the conversion between different units of measurement for the same quantity, typically through multiplicative conversion factors.\n\n\n== Techniques ==\n\n\n=== Process overview ===\nThe process of conversion depends on the specific situation and the intended purpose.
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
Annual general meeting An annual general meeting (AGM, also known as the annual meeting) is a meeting of the general membership of an organization.\nThese organizations include membership associations and companies with shareholders.
Risk Factors
MPS GROUP INC ITEM 1A RISK FACTORS Our results of operations and financial condition can be adversely affected by numerous risks and uncertainties
The most important of these risks and uncertainties are detailed below
You should carefully consider the risk factors detailed below in conjunction with the other information contained in this document
Should any of these risks actually materialize, our business, financial condition, and future prospects could be negatively impacted
Demand for our services is affected by the economic climate in the industries and markets we serve
The demand for our services, in particular our staffing services, is highly dependent upon the state of economy and upon the staffing needs of our clients
Any negative variation in the economic condition of the United States, United Kingdom or of any of the other foreign countries in which we do business, may severely reduce the demand for our services and thereby significantly decrease our revenues and profits
Our market is highly competitive with low barriers to entry
Our industry is intensely competitive and highly fragmented, and the barriers to entry are quite low
There are many competitors, and new ones are entering the market constantly
In addition, some of these competitors have greater resources than us
Competition arises locally, regionally, nationally, internationally and in certain cases from remote locations, particularly from offshore locations such as India and China
9 ______________________________________________________________________ [26]Table of Contents Certain of our contracts are awarded on the basis of competitive proposals, which can be periodically re-bid by the client
There can be no assurance that existing contracts will be renewed on satisfactory terms or that additional or replacement contracts will be awarded to us
In addition, long-term contracts form a negligible portion of our revenue
Nor can there be any assurance that we will, in light of competitive pressures, be able to remain profitable or, if profitable, maintain our current profit margins
Our business requires a qualified candidate pool, which we may not be able to recruit or maintain
Our staffing services consist of the placement of individuals seeking employment in specialized IT and professional positions
Some of these sectors are characterized by a shortage of qualified candidates
There can be no assurance that suitable candidates for employment will continue to be available or will continue to seek employment through us
Candidates generally seek temporary or regular positions through multiple sources, including us and our competitors
Our business depends on key personnel, including executive officers, local managers and field personnel
As such, our success or failure is highly dependent upon the performance of our management personnel and employees, rather than upon technology or upon tangible assets (of which we have few)
We have to comply with existing government regulation and are exposed to increased regulation of the workplace
Our business is subject to regulation or licensing in many states and in certain foreign countries
There can be no assurance we will be able to continue to obtain all necessary licenses or approvals or that the cost of compliance will not prove to be material in the future
Any inability to comply with government regulation or licensing requirements, or increase in the cost of compliance, could materially adversely affect us
Additionally, our staffing services entail employing individuals on a temporary basis and placing such individuals in clients’ workplaces
Increased government regulation of the workplace or of the employer-employee relationship could materially adversely affect us
We are exposed to claims and costs, liabilities and litigation arising from the delivery of our services
Our recruiting services involve our referring candidates to clients for potential employment, and our staffing services entail employing or retaining individuals on a temporary basis and placing such individuals in clients’ workplaces
Our recruiting services entail a risk of liability to our clients and others, contractually and otherwise, arising from allegations of inadequate background checks, inadequate credentialing of our nursing and healthcare workers, and negligent referral of candidates to our clients
Our staffing services entail a risk of liability to our clients and others, contractually and otherwise, arising from various workplace events, often beyond our control, including allegations of errors and omissions, injury to property or persons, or misappropriation or theft of property or proprietary information allegedly caused or contributed to by our temporary workers
Our staffing services also entail a risk of employment and co-employment liability, to either or both our clients and our temporary workers, arising from allegations by our temporary workers of discrimination, harassment, inadequate workplace conditions, or entitlement to employee benefits or pay from clients to which they are assigned
The Company maintains insurance with respect to many of the aforementioned claims
While such claims have not historically had a material adverse effect upon the Company, there can be no assurance that the Company will continue to be able to obtain insurance at a cost that does not have a material adverse effect upon the Company or that such claims (whether by reason of the Company not having insurance or by reason of such claims being outside the scope of the Company’s insurance) will not have a material adverse effect upon the Company
We have acquired, and may continue to acquire, companies, and these acquisitions could disrupt our business or adversely affect our earnings
We have acquired several companies and may continue to acquire companies in the future
Entering into an acquisition entails many risks, any of which could harm our business, including failure to successfully integrate the acquired company with our existing business, alienation or impairment of relationships with substantial customers or key employees of the acquired business or our existing 10 ______________________________________________________________________ [27]Table of Contents business, and assumption of liabilities of the acquired business
Any acquisition that we consummate also may have an adverse affect on our liquidity or earnings and may be dilutive to our earnings
Adverse business conditions or developments suffered by or associated with any business we acquire additionally could result in impairment to the goodwill or intangible assets associated with the acquired business, and a related write down of the value of these assets, and adversely affect our earnings
The price of our common stock may fluctuate significantly
The market price for our common stock can fluctuate as a result of a variety of factors, including the factors listed above, many of which are beyond our control
These factors include: actual or anticipated variations in quarterly operating results; announcements of new services by our competitors or us; announcements relating to strategic relationships or acquisitions; changes in financial estimates or other statements by securities analysts; and other changes in general economic conditions
Because of this, we may fail to meet or exceed the expectations of our shareholders or of our securities analysts, and the market price for our common stock could fluctuate as a result