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Wiki Wiki Summary
Airline An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight.
Customer relationship management Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information.CRM systems compile data from a range of different communication channels, including a company's website, telephone, email, live chat, marketing materials and more recently, social media. They allow businesses to learn more about their target audiences and how to best cater for their needs, thus retaining customers and driving sales growth.
ISA 230 Documentation ISA 230 Audit Documentation is one of the International Standards on Auditing. It serves to direct the documentation of audit working papers in order to assist the audit planning and performance; the supervision and review of the audit work; and the recording of audit evidence resulting from the audit work in order to support the auditor's opinion.
Northern Fleet The Northern Fleet (Russian: Северный флот, Severnyy flot) is the fleet of the Russian Navy in the Arctic.According to the Russian ministry of defence: "The Northern Fleet dates its history back to a squadron created in 1733 to protect the territories of the Russian Empire, sea trade routes and fisheries in the White Sea near the coast of the Kola Peninsula. The order of the Commander-in-Chief of the Russian Navy of 25 May 2014 determined 1733 as the year of foundation of the Northern Fleet, and June 1 as its annual holiday".In its modern iteration, the Arctic Ocean Flotilla of the former Imperial Navy evolved into a full fleet of the Soviet Navy in 1933 as the Northern Flotilla.
.us U, or u, is the twenty-first and sixth-to-last letter of the ISO basic Latin alphabet and usually considered the fifth vowel letter of the modern English alphabet. Its name in English is u (pronounced ), plural ues.
Significant form Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art.
The Simpsons The Simpsons is an American animated sitcom created by Matt Groening for the Fox Broadcasting Company. The series is a satirical depiction of American life, epitomized by the Simpson family, which consists of Homer, Marge, Bart, Lisa, and Maggie.
Contract management A contact manager is a software program that enables users to easily store and find contact information, such as names, addresses, and telephone numbers. They are contact-centric databases that provide a fully integrated approach to tracking all information and communication activities linked to contacts.
Obligation An obligation is a course of action that someone is required to take, whether legal or moral. Obligations are constraints; they limit freedom.
Political obligation Political obligation refers to a moral requirement to obey national laws. Its origins are unclear, however it traces to the Ancient Greeks.
Deontology In moral philosophy, deontological ethics or deontology (from Greek: δέον, 'obligation, duty' + λόγος, 'study') is the normative ethical theory that the morality of an action should be based on whether that action itself is right or wrong under a series of rules, rather than based on the consequences of the action. It is sometimes described as duty-, obligation-, or rule-based ethics.
Exoatmospheric Kill Vehicle The Exoatmospheric Kill Vehicle (EKV) is the Raytheon-manufactured interceptor component with subcontractor Aerojet of the U.S. Ground-Based Midcourse Defense (GMD), part of the larger National Missile Defense system.\nThe EKV is boosted to an intercept trajectory by a boost vehicle (missile), where it separates from the boost vehicle and autonomously collides with an incoming warhead.
Product liability Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability as an area of law is traditionally limited to products in the form of tangible personal property.
Vicarious liability Vicarious liability is a form of a strict, secondary liability that arises under the common law doctrine of agency, respondeat superior, the responsibility of the superior for the acts of their subordinate or, in a broader sense, the responsibility of any third party that had the "right, ability or duty to control" the activities of a violator. It can be distinguished from contributory liability, another form of secondary liability, which is rooted in the tort theory of enterprise liability because, unlike contributory infringement, knowledge is not an element of vicarious liability.
Electronic component An electronic component is any basic discrete device or physical entity in an electronic system used to affect electrons or their associated fields. Electronic components are mostly industrial products, available in a singular form and are not to be confused with electrical elements, which are conceptual abstractions representing idealized electronic components and elements.
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.
Surgery Surgery is a medical or dental specialty that uses operative manual and instrumental techniques on a person to investigate or treat a pathological condition such as a disease or injury, to help improve bodily function, appearance, or to repair unwanted ruptured areas.\nThe act of performing surgery may be called a surgical procedure, operation, or simply "surgery".
Depend on You "Depend on You" is the fifth single released by Ayumi Hamasaki on December 9, 1998. The single reached number nine on the weekly Oricon chart, becoming her third consecutive top-ten single in Japan.
Risk management Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.\nRisks can come from various sources including uncertainty in international markets, threats from project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause.
AArch64 AArch64 or ARM64 is the 64-bit extension of the ARM architecture.\n\n It was first introduced with the ARMv8-A architecture.
Accepting house An accepting house was a primarily British institution which specialised in the acceptance and guarantee of bills of exchange thereby facilitating the lending of money. They took on other functions as the use of bills declined, returning to their original wider function of merchant banking.
New product development In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations.
Product strategy Product strategy defines the high-level plan for developing and marketing a product, how the product supports the business strategy and goals, and is brought to life through product roadmaps. A product strategy describes a vision of the future with this product, the ideal customer profile and market to serve, go-to-market and positioning (marketing), thematic areas of investment, and measures of success.
Monopolistic competition Monopolistic competition is a type of imperfect competition such that there are many producers competing against each other, but selling products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.
Competitor Group Competitor Group, Inc. (CGI) is a privately held, for-profit, sports marketing and management company based in Mira Mesa, San Diego, California.
Arrested Development Arrested Development is an American television sitcom created by Mitchell Hurwitz, which originally aired on Fox for three seasons from 2003 to 2006, followed by a two-season revival on Netflix from 2013 to 2019. The show follows the Bluths, a formerly wealthy dysfunctional family.
Advanced Micro Devices Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets.
Competition regulator A competition regulator is the institution that oversees the functioning of the markets. And the Law in which it takes cognizance of situations having any type of impediments and distortions on the markets and correct them is the competition law (also known as antitrust law).
Nedelin catastrophe The Nedelin catastrophe or Nedelin disaster was a launch pad accident that occurred on 24 October 1960 at Baikonur test range (of which Baikonur Cosmodrome is a part), during the development of the Soviet R-16 ICBM. As a prototype of the missile was being prepared for a test flight, an explosion occurred when the second stage engine ignited accidentally, killing an unknown number of military and technical personnel working on the preparations. Despite the magnitude of the disaster, news of it was suppressed for many years and the Soviet government did not acknowledge the event until 1989.
List of Islamist terrorist attacks The following is a list of Islamist terrorist attacks.\n\n\n== 1940s ==\n\n\n== 1970s ==\n\n\n== 1980s ==\n\n\n== 1990s ==\n\n\n== 2000s ==\n2000\n\n\n=== 2001 ===\n\n\n=== 2002 ===\n\n\n=== 2003 ===\n\n\n=== 2004 ===\n\n\n=== 2005 ===\n\n\n=== 2006 ===\n\n\n=== 2007 ===\n\n\n=== 2008 ===\n\n\n== 2010s ==\n\n\n=== 2010 ===\n\n\n=== 2011 ===\n\n\n=== 2012 ===\n\n\n=== 2013 ===\n\n\n=== 2014 ===\n\n\n=== 2015 ===\n\n\n=== 2016 ===\n\n\n=== 2017 ===\n\n\n=== 2018 ===\n\n\n=== 2019 ===\n\n\n== 2020s ==\n\n\n=== 2020 ===\n\n\n=== 2021 ===\n\n\n=== 2022 ===\n\n\n== See also ==\nList of right-wing terrorist attacks\nList of terrorist incidents\nList of terrorist incidents linked to ISIL\nList of thwarted Islamist terrorist attacks\nRewards for Justice Terror List\nTerrorism in the European Union\n\n\n== References ==\n\n\n== External links ==\nU.S. Government:\n\nUS State Department Country Reports on Terrorism\nSignificant Terrorist Incidents, 1961–2003: A Brief Chronology\nAppendix A Chronology of Significant International Terrorist Incidents, 2003 (Revised 6/22/04)\nSignificant Attacks Against U.S. Diplomatic Facilities and Personnel 1998–2012\nList of Major Terrorism Cases from the FBI\nHistoric Timeline from NCTCNEWS:\n\nAl Qaida timeline plots and attacks 1992–2005\nTerror strikes blamed on Al zarqawi 1992–2005\nTimeline of Terror Attacks in Past 20 Years 1995–2015Books with lists:\n\nGlobal Terrorism By Leonard Weinberg page 174\nEncyclopedia of Terrorist, Natural, and Man-Made Disasters by Michael I. Greenberg\nDisaster!
Criticism of the war on terror Criticism of the war on terror addresses the morals, ethics, efficiency, economics, as well as other issues surrounding the war on terror. It also touches upon criticism against the phrase itself, which was branded as a misnomer.
Vehicle insurance Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.
Health insurance in the United States Health insurance in the United States is any program that helps pay for medical expenses, whether through privately purchased insurance, social insurance, or a social welfare program funded by the government. Synonyms for this usage include "health coverage", "health care coverage", and "health benefits".
Risk Factors
ASTRONICS CORP ITEM 1A RISK FACTORS Risks Related to our Industry The markets we serve are cyclical and sensitive to domestic and foreign economic conditions and events, which may cause our operating results to fluctuate
The markets we serve are sensitive to fluctuations in general business cycles and domestic and foreign economic conditions and events
For example, demand by the business jet markets for our products is dependent upon several factors, including capital investment, product innovations, economic growth, and technology upgrades
In addition, the commercial airline industry is highly cyclical and sensitive to fuel price increases, labor disputes and economic conditions
These factors could result in a reduction in the amount of air travel
A reduction in air travel would reduce orders for new aircraft for which we supply products and for the sales of spare parts, thus reducing our sales
A reduction in air travel may also result in our commercial airline customers being unable to pay our invoices on a timely basis or at all
We depend heavily on government contracts and subcontracts with defense prime contractors that may not be fully funded or may be terminated, and the failure to receive funding or the termination of one or more of these contracts could reduce our sales
Sales to the US Government and its prime contractors and subcontractors represent a significant portion of our business
The funding of these programs is generally subject to annual congressional appropriations, and congressional priorities are subject to change
A decline in governmental expenditures may result in a reduction in the volume of contracts awarded to us
If our subcontractors or suppliers fail to perform their contractual obligations, our prime contract performance and our ability to obtain future business could be materially and adversely impacted
Many of our 4 _________________________________________________________________ contracts involve subcontracts with other companies upon which we rely to perform a portion of the services we must provide to our customers
There is a risk that we may have disputes with our subcontractors, including disputes regarding the quality and timeliness of work performed by the subcontractor or customer concerns about the subcontractor
Failure by our subcontractors to satisfactorily provide on a timely basis the agreed-upon supplies or perform the agreed-upon services may materially and adversely impact our ability to perform our obligations with our customer
Subcontractor performance deficiencies could result in a customer terminating our contract for default
A default termination could expose us to liability and substantially impair our ability to compete for future contracts and orders
In addition, a delay in our ability to obtain components and equipment parts from our suppliers may affect our ability to meet our customers’ needs and may have an adverse effect upon our profitability
Our results of operations are affected by our fixed-price contracts
Our contractual arrangements include customers’ requirements for delivery of hardware and funded nonrecurring development work that we anticipate will lead to follow-on production orders
For the year ended December 31, 2005, fixed-price contracts represented 100prca of our sales
On fixed-price contracts, we agree to perform the scope of work specified in the contract for a predetermined price
Depending on the fixed price negotiated, these contacts may provide us with an opportunity to achieve higher profits based on the relationship between our costs and the contract’s fixed price
However, we bear the risk that increased or unexpected costs may reduce our profit
Contracting in the defense industry is subject to significant regulation, including rules related to bidding, billing and accounting kickbacks and false claims, and any non-compliance could subject us to fines and penalties or possible debarment
Like all government contractors, we are subject to risks associated with this contracting
These risks include the potential for substantial civil and criminal fines and penalties
These fines and penalties could be imposed for failing to follow procurement integrity and bidding rules, employing improper billing practices or otherwise failing to follow cost accounting standards, receiving or paying kickbacks or filing false claims
We have been, and expect to continue to be, subjected to audits and investigations by government agencies
The failure to comply with the terms of our government contracts could harm our business reputation
It could also result in suspension or debarment from future government contracts
If we are unable to adapt to technological change, demand for our products may be reduced
The technologies related to our products have undergone, and in the future may undergo, significant changes
To succeed in the future, we will need to continue to design, develop, manufacture, assemble, test, market and support new products and enhancements on a timely and cost-effective basis
Our competitors may develop technologies and products that are more effective than those we develop or that render our technology and products obsolete or uncompetitive
Furthermore, our products could become unmarketable if new industry standards emerge
We may have to modify our products significantly in the future to remain competitive, and new products we introduce may not be accepted by our customers
Our new product development efforts may not be successful, which would result in a reduction in our sales and earnings
We may experience difficulties that could delay or prevent the successful development of new products or product enhancements, and new products or product enhancements may not be accepted by our customers
In addition, the development expenses we incur may exceed our cost estimates, and new products we develop may not generate sales sufficient to offset our costs
If any of these events occur, our sales and profits could be adversely affected
Risks Related to our Business We operate in highly competitive markets with competitors who may have greater resources than we possess, which could reduce the volume of products we can sell and our operating margins
Many of our products are sold in highly competitive markets
Some of our competitors are larger; more diversified corporations and have greater financial, marketing, production and research and development resources
Our operations and financial performance will be negatively impacted if our competitors: • develop products that are superior to our products; 5 _________________________________________________________________ • develop products that are more competitively priced than our products; • develop methods of more efficiently and effectively providing products and services; or • adapt more quickly than we do to new technologies or evolving customer requirements
We believe that the principal points of competition in our markets are product quality, price, design and engineering capabilities, product development, conformity to customer specifications, quality of support after the sale, timeliness of delivery and effectiveness of the distribution organization
Maintaining and improving our competitive position will require continued investment in manufacturing, engineering, quality standards, marketing, customer service and support and our distribution networks
If we do not maintain sufficient resources to make these investments, or are not successful in maintaining our competitive position, our operations and financial performance will suffer
Our future growth and continued success is dependent on our key personnel
Our future success depends to a significant degree upon the continued contributions of our management team and technical personnel
The loss of members of our management team could have a material and adverse effect on our business
In addition, competition for qualified technical personnel in our industries is intense, and we believe that our future growth and success will depend on our ability to attract, train and retain such personnel
Future terror attacks, war, or other civil disturbances could negatively impact our business
Continued terror attacks, war or other disturbances could lead to further economic instability and decreases in demand for our products, which could negatively impact our business, financial condition and results of operations
Terrorist attacks world-wide have caused instability from time to time in global financial markets and the aviation industry
The long-term effects of terrorist attacks on us are unknown
These attacks and the US Government’s continued efforts against terrorist organizations may lead to additional armed hostilities or to further acts of terrorism and civil disturbance in the United States or elsewhere, which may further contribute to economic instability
Our facilities could be damaged by catastrophes which could reduce our production capacity and result in a loss of customers
We conduct our operations in facilities located in the United States and Canada
Any of these facilities could be damaged by fire, floods, earthquakes, power loss, telecommunication and information systems failure or similar events
Although we carry property insurance, including business interruption insurance, our inability to meet customers’ schedules as a result of catastrophe may result in a loss of customers or significant additional costs
Failure to deliver in a timely manner due to supplier problems, development schedule slides, manufacturing difficulties, or similar schedule related events could have a material adverse effect on our business
The failure of our products may damage our reputation, necessitate a product recall or result in claims against us that exceed our insurance coverage, thereby requiring us to pay significant damages
Defects in the design and manufacture of our products may necessitate a product recall
We include complex system design and components in our products that could contain errors or defects, particularly when we incorporate new technology into our products
Such an event could result in significant expenses, disrupt sales and affect our reputation and that of our products
We are also exposed to product liability claims
We carry aircraft and non-aircraft product liability insurance consistent with industry norms
However, this insurance coverage may not be sufficient to fully cover the payment of any potential claim
A product recall or a product liability claim not covered by insurance could have a material adverse effect on our business, financial condition and results of operations