| Industries |
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| Health Care Facilities |
| Automobile Manufacturers |
| Motorcycle Manufacturers |
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| Industrial Machinery |
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| Food Distributors |
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| Asset Management and Custody Banks |
| Exposures |
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| Express intent |
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| Event Codes |
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| Endorse |
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| Human death |
| Warn |
| Force |
| Sports contest |
| Host meeting |
| Grant |
| Release or return |
| Promise |
| Adjust |
| Wiki | Wiki Summary |
|---|---|
| Embroidery | Embroidery is the craft of decorating fabric or other materials using a needle to apply thread or yarn. Embroidery may also incorporate other materials such as pearls, beads, quills, and sequins. |
| Ukrainian embroidery | Ukrainian embroidery (Ukrainian: вишивка, vyshyvka) occupies an important place among the various branches of Ukrainian decorative arts. Embroidery has a rich history in Ukraine, and has long appeared in Ukrainian folk dress as well as played a part in traditional Ukrainian weddings and other celebrations. |
| Embroidery of India | Embroidery in India includes dozens of embroidery styles that vary by region and clothing styles. Designs in Indian embroidery are formed on the basis of the texture and the design of the fabric and the stitch. |
| Comparison of embroidery software | Embroidery software is software that helps users create embroidery designs. While a large majority of embroidery software is specific to machine embroidery, there is also software available for use with hand embroidery, such as cross-stitch. |
| Kutch Embroidery | The Kutch Embroidery is a handicraft and textile signature art tradition of the tribal community of Kutch District in Gujarat and Sindh. This embroidery with its rich designs has made a notable contribution to the Indian embroidery traditions. |
| Prenuptial agreement | A prenuptial agreement, antenuptial agreement, or premarital agreement (commonly referred to as a prenup), is a written contract entered into by a couple prior to marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what happens when their marriage eventually ends by death or divorce. Couples enter into a written prenuptial agreement to supersede many of the default marital laws that would otherwise apply in the event of divorce, such as the laws that govern the division of property, retirement benefits, savings, and the right to seek alimony (spousal support) with agreed-upon terms that provide certainty and clarify their marital rights. |
| Master service agreement | A master service agreement, sometimes known as a framework agreement, is a contract reached between parties, in which the parties agree to most of the terms that will govern future transactions or future agreements.\nA master agreement delineates a schedule of lower-level service agreements, permitting the parties to quickly enact future transactions or agreements, negotiating only the points specific to the new transactions and relying on the provisions in the master agreement for common terms. |
| TRIPS Agreement | The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international legal agreement between all the member nations of the World Trade Organization (WTO). It establishes minimum standards for the regulation by national governments of different forms of intellectual property (IP) as applied to nationals of other WTO member nations. |
| 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. |
| 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. |
| 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). |
| 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 Weather Company | The Weather Company is a weather forecasting and information technology company that owns and operates weather.com and Weather Underground. The Weather Company has been a subsidiary of the Watson & Cloud Platform business unit of IBM since 2016. |
| Paris Agreement | The Paris Agreement (French: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change, adopted in 2015. It covers climate change mitigation, adaptation, and finance. |
| 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 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. |
| Operation (mathematics) | In mathematics, an operation is a function which takes zero or more input values (called operands) to a well-defined output value. The number of operands (also known as arguments) is the arity of the operation. |
| Financial statement | Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.\nRelevant financial information is presented in a structured manner and in a form which is easy to understand. |
| 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. |
| Manufacturing | Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. |
| 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. |
| List of modern armament manufacturers | The following list of modern armament manufacturers presents major companies producing modern weapons and munitions for military, paramilitary, government agency and civilian use. The companies are listed by their full name followed by the short form, or common acronym, if any, in parentheses. |
| List of loudspeaker manufacturers | This is a list of notable manufacturers of loudspeakers. In regard to notability, this is not intended to be an all-inclusive list; it is a list of manufacturers especially noted for their loudspeakers and which have articles on Wikipedia. |
| Technology | Technology is the result of accumulated knowledge and application of skills, methods, and processes used in industrial production and scientific research. Technology is embedded in the operation of all machines, with or without detailed knowledge of their function, for the intended purpose of an organization. |
| Technological evolution | The term technological evolution captures explanations of technological change that draw on mechanisms from evolutionary biology. Evolutionary biology has one of its roots in the book “On the origin of species” by Charles Darwin. |
| Technological change | Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of technologies (in which they often become less expensive), and the diffusion of technologies throughout industry or society (which sometimes involves disruption and convergence). |
| Technological unemployment | Technological unemployment is the loss of jobs caused by technological change. It is a key type of structural unemployment. |
| Technological revolution | A technological revolution is a period in which one or more technologies is replaced by another, novel technology in a short amount of time. It is an era of accelerated technological progress characterized by new innovations whose rapid application and diffusion typically cause an abrupt change in society. |
| Competition law | Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. |
| Cournot competition | Cournot competition is an economic model used to describe an industry structure in which companies compete on the amount of output they will produce, which they decide on independently of each other and at the same time. It is named after Antoine Augustin Cournot (1801–1877) who was inspired by observing competition in a spring water duopoly. |
| 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). |
| Swimsuit competition | A swimsuit competition, more commonly now called a bikini contest, is a beauty contest which is judged and ranked while contestants wear a swimsuit, typically a bikini. One of the judging criteria is the physical attractiveness of the contestants. |
| Risk Factors |
|---|
| HIRSCH INTERNATIONAL CORP Item 1A Risk Factors 9-11 Item 1A RISK FACTORS Dependence on Tajima For the fiscal year ended January 28, 2006, approximately 75dtta5prca of the Companyapstas revenues resulted from the sale of embroidery equipment supplied by Tajima |
| Two separate distributorship agreements (collectively, the "e Tajima Agreements "e ) govern the Companyapstas rights to distribute Tajima embroidery equipment in the United States and the Caribbean |
| The distributorship agreements with Tajima collectively provide the Company with the exclusive rights to distribute Tajimaapstas complete line of standard embroidery, chenille embroidery and certain specialty embroidery machines in 50 states |
| The Main Agreement, which now covers 39 states, is effective from February 21, 2004 through February 21, 2011 |
| The Main Agreement may be terminated by Tajima and/or the Company on not less than two years &apos prior notice |
| Under the non-exclusive West Coast Agreement which covers nine western continental states, Alaska and Hawaii, the Company is a distributor of Tajimaapstas complete line of standard embroidery, chenille embroidery and certain specialty embroidery |
| The West Coast Agreement expired February 20, 2005 |
| The Company is in the process of negotiating an extension of the West Coast Agreement, however, there can be no assurance that an agreement can be reached on terms acceptable to the Company |
| The failure of the Company to obtain an extension of the West Coast Agreement on terms acceptable to the Company could result in a loss of the Companyapstas right to distribute embroidery machines in the territories covered by the West Coast Agreement which would have a material adverse effect on the Companyapstas business, operations and financial condition |
| Each of the agreements contains language that permits termination if the Company fails to achieve certain minimum sales quotas or annual targets |
| In fiscal 2006, the Company met its sales quotas and in fiscal 2005, the Company obtained a waiver from Tajima for failure to meet its sales quotas |
| Furthermore, the agreements may be terminated for, among other reasons, if (a) Henry Arnberg is no longer Chairman and/or CEO of the Company or (b) if Tajima determines that a change in control of the Company has occurred |
| The termination of the Tajima agreements would have a material adverse effect on the Companyapstas business, financial condition and results of operations |
| Importing Tajimaapstas equipment from Japan subjects the Company to risks of engaging in business overseas, including international political and economic conditions, changes in the exchange rates between currencies, tariffs, foreign regulation of trade with the United States, and work stoppages |
| The interruption of supply or a significant increase in the cost of Tajima equipment for any reason could have a material adverse effect on the Companyapstas business, financial condition and results of operation |
| In addition, Tajima manufactures its embroidery machines in several locations in Japan |
| The Company could be materially and adversely affected should any of these facilities be seriously damaged as a result of a fire, natural disaster or otherwise |
| Further, the Company could be materially and adversely affected should Tajima be subject to adverse market, business or financial conditions |
| Embroidery machines produced by Tajima are subject to competition from the introduction by other manufacturers of technological advances and new products |
| Current competitors or new market entrants could introduce products with features that render products sold by the Company and products developed by Tajima less marketable |
| The Company relies on Tajimaapstas embroidery equipment to be of the highest quality and state of the art |
| The Companyapstas future success will depend, to a certain extent, on the ability of Tajima to adapt to technological change and address market needs, including price competition |
| There can be no assurance that Tajima will be able to keep pace with technological change in the embroidery industry, the current demands of the marketplace or compete favorably on price |
| The failure of Tajima to do so could have a material adverse effect on the Companyapstas business, financial conditions and results of operations |
| Decline in Domestic Embroidery Industry Beginning in fiscal 1999 and continuing to present day, the embroidery industry experienced; (i) a decline in demand for large embroidery machines, and; (ii) a trend toward the relocation of manufacturing facilities to Mexico, the Caribbean, Far East and South America (which is outside of the geographic area the Company is authorized to distribute embroidery machines pursuant to the distribution agreements with Tajima), all of which have had a material adverse effect on the operations of the Company, its business and financial condition |
| A decrease in consumer preferences for embroidered products, a general economic downturn or other events having an adverse effect on the embroidery industry as a whole would also have an adverse effect on the Company |
| Foreign Currency Risks The Company pays for its Tajima embroidery machinery in Japanese Yen |
| Any change in the valuation of the US Dollar compared to the Japanese Yen can change the cost to the Company of its embroidery machine inventory and can result in competitive pressures for reduced US dollar pricing among Yen-based equipment distributors and manufacturers |
| The Company has generally been able to recover increased costs through price increases to its customers or, in limited circumstances, price reductions from Tajima; however, dollar price reductions do reduce dollar contribution margins and as a result create overhead coverage pressure |
| There can be no assurance that the Company will be able to recover such increased costs in the future or reduce overheads to the necessary degree to obtain profitability |
| The failure on the part of the Company to do so could have a material adverse effect on the business, operations and financial condition |
| These transactions are not currently hedged through any derivative currency product |
| Currency gains and losses in foreign exchange transactions are recorded in the statement of operations |
| Inventory The Companyapstas ordering cycle for new embroidery machines is approximately three to eight months prior to delivery to the Company |
| Since the Company generally delivers new Tajima embroidery machines to its customers within one week of receiving orders, it orders inventory based on past experience and forecasted demand |
| Due to the relatively long lead times of the ordering cycle, any significant unanticipated downturn or upturn in equipment sales could result in an increase in inventory levels or shortage of product, respectively, which could have a material adverse effect on the Companyapstas business, financial condition and results of operations |
| Competition The Company competes with distributors of embroidery machines produced by manufacturers other than Tajima and with manufacturers who distribute their embroidery machines directly as well as with other providers of embroidery products and services |
| The Company believes that competition in the embroidery industry is based on technological capability and quality of embroidery machines, price and service |
| If other manufacturers develop embroidery machines which are more technologically advanced than Tajimaapstas or if the quality of Tajima embroidery machines diminishes, the Company would not be able to compete as effectively which could have a material adverse effect on its business, financial condition and results of operations |
| The Company also faces competition in selling software, embroidery supplies, accessories and proprietary products as well as providing customer training, support and services |
| Due to the decline in overall demand in the industry which occurred during the last several years, potential customers may emphasize price differences over value-added services and support in purchasing new embroidery machines |
| Severe price competition may impair the Companyapstas ability to provide its customers with value-added services and support |
| Although the Company attempts to compete on the basis of price, to the best degree possible, and to maintain profit margins, there can be no assurance that the Company will be able to do so |
| The Companyapstas failure to compete effectively in these areas could have a material adverse effect on its business, financial condition and results of operations |
| Dependence on Existing Management Changes in the embroidery industry and recent restructuring of the Companyapstas business have resulted in increased responsibilities for management and have placed increased demands upon the Companyapstas operating, financial and technical resources |
| The Companyapstas continued success will depend to a significant extent upon the abilities and continued efforts of Henry Arnberg, Chairman of the Board of the Company, and Paul Gallagher, its Chief Executive Officer |
| Gallagher is bound by a 2 year agreement that commenced on September 11, 2004 |
| It should also be noted that the Distribution Agreements with Tajima provide that Tajima may terminate each agreement for, among other reasons, if (a) Henry Arnberg is no longer Chairman and/or CEO of the Company or (b) if Tajima determines that a change in control of the Company has occurred |
| Arnberg or Gallagher, or the services of other key management personnel, could have a material adverse effect upon the Companyapstas business, financial condition and results of operations |