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Wiki Wiki Summary
Holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself.
List of largest companies in the United States by revenue This list comprises the largest companies in the United States by revenue as of 2022, according to the Fortune 500 tally of companies. Retail corporation Walmart has been the largest company in the US by revenue since 2014.
Financial analysis Financial analysis (also referred to as financial statement analysis or accounting analysis or Analysis of finance) refers to an assessment of the viability, stability, and profitability of a business, sub-business or project. \nIt is performed by professionals who prepare reports using ratios and other techniques, that make use of information taken from financial statements and other reports.
Diffie–Hellman key exchange Diffie–Hellman key exchange is a method of securely exchanging cryptographic keys over a public channel and was one of the first public-key protocols as conceived by Ralph Merkle and named after Whitfield Diffie and Martin Hellman. DH is one of the earliest practical examples of public key exchange implemented within the field of cryptography.
Strategic studies Strategic studies is an interdisciplinary academic field centered on the study of conflict and peace strategies, often devoting special attention to the relationship between international politics, geostrategy, international diplomacy, international economics, and military power. In the scope of the studies are also subjects such as the role of intelligence, diplomacy, and international cooperation for security and defense.
Liberal National Party of Queensland The Liberal National Party of Queensland (LNP) is a major political party in Queensland, Australia. It was formed in 2008 by a merger of the Queensland divisions of the Liberal Party and the National Party.
One-party state A one-party state, single-party state, one-party system, or single-party system is a type of sovereign state in which only one political party has the right to form the government, usually based on the existing constitution. All other parties are either outlawed or allowed to take only a limited and controlled participation in elections.
Open-source software Open-source software (OSS) is computer software that is released under a license in which the copyright holder grants users the rights to use, study, change, and distribute the software and its source code to anyone and for any purpose. Open-source software may be developed in a collaborative public manner.
List of largest cities of U.S. states and territories by population This is a list of the five most populous incorporated cities and Capital in all 50 U.S. states, the District of Columbia, and the 5 inhabited territories of the United States.\n\n\n== List ==\n\n\n== Census-designated places on the list ==\nNote 1: The only incorporated place in Hawaii is the City & County of Honolulu.
Adverse possession Adverse possession, sometimes colloquially described as "squatter's rights", is a legal principle in the Anglo-American common law under which a person who does not have legal title to a piece of property—usually land (real property)—may acquire legal ownership based on continuous possession or occupation of the property without the permission (licence) of its legal owner. The possession by a person is not adverse if they are in possession as a tenant or licensee of the legal owner.
Real-time strategy Real-time strategy (RTS) is a subgenre of strategy video games that do not progress incrementally in turns, but allow all players to play simultaneously, in "real time". By contrast, in turn-based strategy (TBS) games, players take turns to play.
Financial risk Financial risk is any of various types of risk associated with financing, including financial transactions that include company loans in risk of default. Often it is understood to include only downside risk, meaning the potential for financial loss and uncertainty about its extent.A science has evolved around managing market and financial risk under the general title of modern portfolio theory initiated by Dr.
List of states and territories of the United States The United States of America is a federal republic consisting of 50 states, a federal district (Washington, D.C., the capital city of the United States), five major territories, and various minor islands. The 48 contiguous states and Washington, D.C., are in North America between Canada and Mexico.
Republican Party (United States) The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States, along with its main historic rival, the Democratic Party.\nThe GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories.
Yoda conditions In programming jargon, Yoda conditions (also called Yoda notation) is a programming style where the two parts of an expression are reversed from the typical order in a conditional statement. A Yoda condition places the constant portion of the expression on the left side of the conditional statement.
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.
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.
Promotional mix In marketing, the promotional mix describes a blend of promotional variables chosen by marketers to help a firm reach its goals. It has been identified as a subset of the marketing mix.
DIFOT DIFOT (delivery in full, on time) or OTIF (on-time and in-full [delivery]) is a measurement of logistics or delivery performance within a supply chain. Usually expressed as a percentage, it measures whether the supply chain was able to deliver:\n\nthe expected product (reference and quality)\nin the quantity ordered by the customer\nat the place agreed by the customer\nat the time expected by the customer (in many cases, with a tolerance defined in conjunction with the customer).
Chemical industry The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials (oil, natural gas, air, water, metals, and minerals) into more than 70,000 different products.
Copper production in India Copper production in India is only about 2 percent of world copper production in view of its potential reserve limited to 60,000 km2 (2% of world reserve) of which 20,000 km2 area has been subject to exploration, as of 2012. But in production it is still within the first 20 countries of the world and also one of its largest importers in line with China, Japan, South Korea and Germany.
Copper conductor Copper has been used in electrical wiring since the invention of the electromagnet and the telegraph in the 1820s. The invention of the telephone in 1876 created further demand for copper wire as an electrical conductor.Copper is the electrical conductor in many categories of electrical wiring.
Component-based software engineering Component-based software engineering (CBSE), also called component-based development (CBD), is a branch of software engineering that emphasizes the separation of concerns with respect to the wide-ranging functionality available throughout a given software system. It is a reuse-based approach to defining, implementing and composing loosely coupled independent components into systems.
Customer cost Customer cost refers not only to the price of a product, but it also encompasses the purchase costs, use costs and the post-use costs. Purchase costs consist of the cost of searching for a product, gathering information about the product and the cost of obtaining that information.
Voltage regulator A voltage regulator is a system designed to automatically maintain a constant voltage. A voltage regulator may use a simple feed-forward design or may include negative feedback.
Gross fixed capital formation Gross fixed capital formation (GFCF) is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts (UNSNA), National Income and Product Accounts (NIPA) and the European System of Accounts (ESA). The concept dates back to the National Bureau of Economic Research (NBER) studies of Simon Kuznets of capital formation in the 1930s, and standard measures for it were adopted in the 1950s.
Integration testing Integration testing (sometimes called integration and testing, abbreviated I&T) is the phase in software testing in which individual software modules are combined and tested as a group. Integration testing is conducted to evaluate the compliance of a system or component with specified functional requirements.
The Church of Jesus Christ of Latter-day Saints membership history The membership of The Church of Jesus Christ of Latter-day Saints (LDS Church) as of December 31, 2021, was 16,805,400. LDS church annual membership growth, while positive every year for 165 years, has reduced velocity during recent years and slowed to below the world growth rate during the COVID-19 Pandemic.
Gross world product The gross world product (GWP) is the combined gross national income of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP).
Attributable risk In epidemiology, attributable risk or excess risk is a term synonymous to risk difference, that has also been used to denote attributable fraction among the exposed and attributable fraction for the population.
Combination drug A combination drug or a fixed-dose combination (FDC) is a medicine that includes two or more active ingredients combined in a single dosage form. Terms like "combination drug" or "combination drug product" can be common shorthand for a FDC product (since most combination drug products are currently FDCs), although the latter is more precise if in fact referring to a mass-produced product having a predetermined combination of drugs and respective dosages (as opposed to customized polypharmacy via compounding).
Haka The Hakka (Chinese: 客家), sometimes also referred to as Hakka Han, or Hakka Chinese, are a Han Chinese subgroup whose ancestral homes are chiefly in the Hakka-speaking provincial areas of Guangdong, Fujian, Jiangxi, Guangxi, Sichuan, Hunan, Zhejiang, Hainan, Guizhou, as well as Taiwan. The Chinese characters for Hakka (客家) literally mean "guest families".
Academic dishonesty Academic dishonesty, academic misconduct, academic fraud and academic integrity are related concepts that refer to various actions on the part of students that go against the expected norms of a school, university or other learning institution. Definitions of academic misconduct are usually outlined in institutional policies.
Tidal disruption event A tidal disruption event (TDE) is an astronomical phenomenon that occurs when a star approaches sufficiently close to a supermassive black hole (SMBH) and is pulled apart by the black hole's tidal force, experiencing spaghettification. A portion of the star's mass can be captured into an accretion disk around the black hole, resulting in a temporary flare of electromagnetic radiation as matter in the disk is consumed by the black hole.
Debit card cashback Debit card cashback (also known as cash out in Australia and New Zealand) is a service offered to retail customers whereby an amount is added to the total purchase price of a transaction paid by debit card and the customer receives that amount in cash along with the purchase. Debit card cashback is offered either by various banks only to some card holders or by companies like VISA, Mastercard or American Express.
House clearance House clearances are a form of service which can be a part or an entire house. Many people use a house clearance service because they may need a lot of items removing or looking to clear garages, lofts, sheds and basements.
Dividend tax A dividend tax is a tax imposed by a jurisdiction on dividends paid by a corporation to its shareholders (stockholders). The primary tax liability is that of the shareholder, though a tax obligation may also be imposed on the corporation in the form of a withholding tax.
Twitter Twitter is an American microblogging and social networking service on which users post and interact with messages known as "tweets". Registered users can post, like, and retweet tweets, however, unregistered users have the ability to only read tweets that are publicly available.
Risk Factors
ANIXTER INTERNATIONAL INC ITEM 1A RISK FACTORS The following factors could materially adversely affect the Company’s operating results and financial condition
Although the Company has tried to discuss key factors, please be aware that other risks may prove to be important in the future
New risks may emerge at any time, and the Company cannot predict those risks or estimate the extent to which they may affect the Company’s financial performance
A change in sales strategy by the Company’s suppliers could adversely affect the Company’s sales or earnings
Most of the Company’s agreements with suppliers are terminable by either party on short notice for any reason
The Company currently sources products from approximately 4cmam000 suppliers
However, over 30prca of the Company’s dollar volume purchases in 2005 was from its five largest suppliers
If any of these suppliers changed its sales strategy to reduce its reliance on distribution channels, or decided to terminate its business relationship with the Company, sales and earnings could be adversely affected until the Company was able to establish relationships with suppliers of comparable products
Although the Company believes its relationships with these key suppliers are good, they could change their strategies as a result of a change in control, expansion of their direct sales force, changes in the marketplace or other factors beyond the Company’s control
The Company’s foreign operations are subject to political, economic and currency risks
The Company derives approximately 36prca of our revenues from sales outside of the United States
Economic and political conditions in some of these markets may adversely affect the Company’s results of operations, cash flows and financial condition in these markets
The Company’s results of operations and the 4 _________________________________________________________________ [61]Table of Contents value of its foreign assets are affected by fluctuations in foreign currency exchange rates, and different legal, tax, accounting and regulatory requirements
The Company has risks associated with inventory
The Company must identify the right product mix and maintain sufficient inventory on hand to meet customer orders
Failure to do so could adversely affect the Company’s sales and earnings
However, if circumstances change (for example, an unexpected shift in market demand, pricing or customer defaults) there could be a material impact on the net realizable value of the Company’s inventory
To guard against inventory obsolescence, the Company has negotiated various return rights and price protection agreements with certain key suppliers
The Company also maintains an inventory valuation reserve account against diminution in the value or salability of the Company’s inventory
However, there is no guaranty that these arrangements will be sufficient to avoid write-offs in excess of the Company’s reserves in all circumstances
The Company’s operating results are affected by commodity prices
The Company’s recent operating results have been favorably affected by the rise in commodity prices, primarily petrochemicals and copper, which are components in some of the products sold
As the Company’s purchase costs with suppliers increase to reflect higher commodity prices, its mark-up to customers remains relatively constant, resulting in higher sales revenue and gross profit
In addition, existing inventory purchased at lower prices and sold as prices increase favorably affects the Company’s results
However, a decrease in commodity prices in a short period of time would have the opposite effect, negatively affecting the Company’s results
The Company has risks associated with the integration of acquired businesses
The Company’s recent growth in sales and earnings is attributable to a combination of internal growth and acquisitions
In connection with recent and future acquisitions, it will be necessary for the Company to create a cohesive business from the various acquired properties
To do this will require the establishment of a common management team to guide the acquired businesses, the conversion of numerous information systems to a common operating system, the establishment of a brand identity for the acquired businesses, the streamlining of the operating structure to optimize efficiency and customer service and a reassessment of the inventory and supplier base to insure the availability of products at competitive prices
No assurance can be given that these various actions can be completed without disruption to the business, that the various actions can be completed in a short period of time or that anticipated improvements in operating performance can be achieved
The Company’s debt agreements could impose restrictions on its business
The Company’s debt agreements contain numerous financial and operating covenants that limit its discretion with respect to certain business matters
These covenants restrict the Company’s ability to incur additional indebtedness, to pay dividends and other distributions and to merge or consolidate with other entities
As a result of these restrictions, the Company is limited in how it may conduct business and may be unable to compete effectively or take advantage of new business opportunities
The Company has risks associated with accounts receivable
Although no single customer accounts for more than 10prca of the Company’s sales, a payment default by one of its large customers could have a short-term impact on earnings