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Topic Review
Global Supply Chain Finance
Global supply chain finance refers to the set of solutions available for financing specific goods and/or products as they move from origin to destination along the supply chain. It is related to a quickly growing use of a battery of technologies and financial business practices that allow for discounting of Accounts Receivable and financing of companies' confirmed Accounts Payable. A global supply chain refers to the network created among different worldwide companies producing, handling, and distributing specific goods and/or products.
  • 2.1K
  • 21 Nov 2022
Topic Review
2008–09 Belgian Financial Crisis
The 2008–09 Belgian financial crisis is a major financial crisis that hit Belgium from mid-2008 onwards. Two of the country's largest banks – Fortis and Dexia – started to face severe problems, exacerbated by the financial problems hitting other banks around the world. The value of their stocks plunged. The government managed the situation by bailouts, selling off or nationalizing banks, providing bank guarantees and extending the deposit insurance. Eventually Fortis was split into two parts. The Dutch part was nationalized, while the Belgian part was sold to the French bank BNP Paribas. Dexia group was dismantled, Dexia Bank Belgium was nationalized.
  • 2.1K
  • 01 Dec 2022
Topic Review
Games for Windows – Live
Games for Windows – Live or GFWL (trademarked as Games for Windows – LIVE) was an online gaming service used by Games for Windows–branded PC titles that enables Windows PCs to connect to Microsoft's Live service. Users, each with a unique Gamertag (the Microsoft username service for gaming that began on Xbox Live), are able to play online, keep track of their friends' status, send and receive messages, gain and keep track of Achievements and associated Gamerscore, voice chat across platforms (removed in 2010), and much more. Some games allow for cross-platform play, such as Shadowrun, putting Windows players against Xbox 360 players. The service is open to third-party developers, but they must be able to meet certain Technical Certification Requirements (TCRs), which include (but are not limited to): game ratings, total number of Gamerscore points, content, game profiles, and Live connectivity. Games for Windows – Live games must also meet standard Games for Windows (games that do not have Live support) TCRs. The same developer support infrastructure is available as with the Xbox 360. Assistance to developers is provided through the Microsoft XNA Developer Connection.
  • 2.0K
  • 11 Nov 2022
Topic Review
Security
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic (dematerialized) or "book entry only" form. Certificates may be bearer, meaning they entitle the holder to rights under the security merely by holding the security, or registered, meaning they entitle the holder to rights only if he or she appears on a security register maintained by the issuer or an intermediary. They include shares of corporate stock or mutual funds, bonds issued by corporations or governmental agencies, stock options or other options, limited partnership units, and various other formal investment instruments that are negotiable and fungible.
  • 2.0K
  • 02 Oct 2022
Topic Review
Worldwide Research Trends in Agrivoltaic Systems
An agrovoltaic system combines agricultural crop production and energy production in the same place, emphasizing the dual use of land. Researchers provided a bibliometric analysis of agrivoltaic topics based on publications indexed in SCOPUS, in which either economic assessments of agrivoltaics, agrivoltaic systems for crops and livestock animals, photovoltaic greenhouse and agrivoltaics with open field discussed, or its ideas are used to analyze certain locations. It is shown that scientific publications in recent years mainly focus on short-term predictions, there is no recognized evaluation standard for various prediction analyses, and it is difficult to evaluate various prediction methods so far.
  • 2.0K
  • 01 Feb 2023
Topic Review
Vickrey Auction
A Vickrey auction is a type of sealed-bid auction. Bidders submit written bids without knowing the bid of the other people in the auction. The highest bidder wins but the price paid is the second-highest bid. This type of auction is strategically similar to an English auction and gives bidders an incentive to bid their true value. The auction was first described academically by Columbia University professor William Vickrey in 1961 though it had been used by stamp collectors since 1893. In 1797 Johann Wolfgang von Goethe sold a manuscript using a sealed-bid, second-price auction. Vickrey's original paper mainly considered auctions where only a single, indivisible good is being sold. The terms Vickrey auction and second-price sealed-bid auction are, in this case only, equivalent and used interchangeably. When either a divisible good or multiple identical goods are sold in a single auction, however, these terms are used differently. In the case of multiple identical goods, the bidders submit inverse demand curves and pay the opportunity cost. Vickrey auctions are much studied in economic literature but uncommon in practice. Generalized variants of the Vickrey auction for multiunit auctions exist, such as the generalized second-price auction used in Google's and Yahoo!'s online advertisement programmes (not incentive compatible) and the Vickrey-Clarke-Grove Auction (incentive compatible).
  • 2.0K
  • 04 Nov 2022
Topic Review
Retail Price Index
In the United Kingdom, the Retail Prices Index or Retail Price Index (RPI) is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services. As the RPI was held not to meet international statistical standards, since 2013 the Office for National Statistics no longer classifies it as a "national statistic", emphasising the Consumer Price Index instead. However, as of 2018 the UK Treasury still uses the RPI measure of inflation for various index-linked tax rises.
  • 2.0K
  • 27 Sep 2022
Topic Review
Flat Rate
Flat interest rate mortgages and loans calculate interest based on the amount of money a borrower receives at the beginning of a loan. However, if repayment is scheduled to occur at regular intervals throughout the term, the average amount to which the borrower has access is lower and so the effective or true rate of interest is higher. Only if the principal is available in full throughout the loan term does the flat rate equate to the true rate. This is the case in the example to the right, where the loan contract is for 400,000 Cambodian riels over 4 months. Interest is set at 16,000 riels (4%) a month while principal is due in a single payment at the end.
  • 1.9K
  • 11 Oct 2022
Topic Review
Illegal Taxicab Operation
Illegal taxicabs, sometimes known as pirate taxis or gypsy cabs, are taxicabs and other for-hire vehicles that are not duly licensed or permitted by the jurisdiction in which they operate. Most major cities worldwide require taxicabs to be licensed, safety-inspected, insured as for-hire vehicles and use taximeters and there may also be requirements that the taxi driver be registered or accredited. However, many unlicensed cabs are in operation. Illegal cabs may be marked taxi vehicles (sometimes referred to as "speedy cabs"), and others are personal vehicles used by an individual to offer unauthorized taxi-like services. Illegal cabs are prevalent in cities with medallion systems, which restrict the number of legal cabs in operation. Since their introduction in 2009, vehicles affiliated with the transportation network company, Uber, have been classified as illegal taxicabs in some jurisdictions.
  • 1.9K
  • 09 Oct 2022
Topic Review
Undue Influence
Undue influence (UI) is a psychological process by which a person's free will is supplanted by that of another. It is a legal term and the strict definition varies by jurisdiction. Generally speaking, it is a means by which a person gains control over their victim's decision making through tactics and unfair pressure, typically for financial gain. Historically, UI has been poorly understood, even in legal circles. Undue influence occurs behind closed doors and there are often no witnesses. UI is typically perpetrated by a person trusted by the victim and is dependent on them for emotional and physical needs. Anyone may be guilty of undue influence and is often a paid or unpaid caregiver, but may also be an attorney, accountant, nursing home attendant, neighbor, or even the victims' children. Undue influence is a process, not a single event; the influencer may spend weeks, months, or even years "grooming" and manipulating their victim. Anyone is susceptible to undue influence, but the elderly are particularly vulnerable. A distinction is made between the nature of capacity and undue influence. In assessing capacity, the practitioner evaluates an individual's ability to competently perform tasks (e.g., execute a will or give medical consent). These assessments give insight to the functioning of the cognitive capabilities at that moment in time. Conversely, screening for undue influence is focused on the process of events which occur over an extended period. To determine whether another person is leveraging unfair tactics on the victim, an assessment particular to undue influence is required. Undue influence occurs in various circumstances including: domestic violence, hostage situations, cults, prisoners of war, and dictatorships. The common theme among these situations is the aspect of psychological manipulation. Traumatic bonding occurs between the victim and the influencer, as a result, victims are unaware they're being manipulated and will often defend the perpetrator. Gaining independence from the influencer is required if the victim is to recover from the effects of UI, much like victim's of Stockholm syndrome, cults, and kidnapping. The effectiveness of cult tactics on young and healthy individuals illustrates that anyone, regardless of mental status, is a potential victim of UI under certain circumstances. Elderly Americans are living longer, and with this increased life expectancy, the prevalence of cognitive disorders associated with advanced age has also increased. A significant concentration of wealth is controlled by this aging demographic. As modern families become more complex and dispersed, and people are living longer, the likelihood of will contests involving undue influence is expected to increase.
  • 1.9K
  • 18 Oct 2022
Topic Review
Sustainable Consumption
The emergence of the term sustainable consumption occurred during the Earth Summit of 1992. The research into sustainable consumption topics developed within the wider context of sustainability transitions (large-scale and long-term transformations of production and consumption systems), a research field that has evolved in the last 20–25 years. The research on sustainable consumption behaviour has evolved significantly, addressing a range of inter-related topics such as: influencing factors, consumer perceptions, motivational drivers, attitudes towards sustainable consumption, willingness to pay and its predictors, sustainable and pro-environmental purchasing behaviours.
  • 1.9K
  • 07 Jan 2021
Topic Review
External Costs of Inland Transport
Sustainable transport, such as using inland waterway transport (IWT), represents a major pillar of the European Green Deal to reduce global warming. To evaluate the different inland transport modes (road, rail, IWT), it is crucial to know the external costs of these modes.
  • 1.9K
  • 27 Oct 2020
Topic Review
4 Times Square
4 Times Square, also formerly known as the Condé Nast Building, is a skyscraper in Times Square in Midtown Manhattan, New York City . Located on Broadway between West 42nd and 43rd Streets, the structure was finished in January 2000 as part of a larger project to redevelop 42nd Street. The architects were Fox & Fowle, who also designed the Reuters Building as part of the larger project. The 809-foot (246.5 m), 52-story building is the 28th tallest building in New York City and the 59th tallest in the United States. Owned by the Durst Organization, the building contains 1,600,000 square feet (150,000 m2) of floor space.
  • 1.9K
  • 04 Nov 2022
Topic Review
Innovation Capacity in Developing Countries
Innovation is an intrinsic capacity of humankind, enabling the adaptation to changes and managing probable solutions to problems regarding its welfare or its surroundings. It constitutes a key driver of sustainable growth. Moreover, innovation capacity is among the dynamic capacities leading to achieving a competitive and sustainable advantage. Hence, by adopting innovative and R&D practices, a country might enhance its growth and competitiveness, particularly for a developing country. In addition, it encompasses diverse perspectives, e.g., organizational capacity, public capacity, regional capacity, national capacity, among others. Therefore, many public and private organizations have focused their efforts on identifying and quantifying the variables that determine the innovation capacity of a country. Various mechanisms have been proposed to assess this capacity, such as the national innovation capacity, Global Innovation Index (GII), Global Competitive Index (GCI) , or European Innovation Scoreboard (EIS). These mechanisms aim at providing an objective measurement of the performance of a country regarding innovation capacity or innovation as a means to competitiveness. Each one of these presents a particular set of determinants, methods, and interpretations to assess innovation.
  • 1.9K
  • 05 Jul 2022
Topic Review
ESports Research
eSports has been defined as sports competitions conducted with an electronic system and technological immersion in an organized and structured environment.
  • 1.9K
  • 28 Sep 2021
Topic Review
FOB (Shipping)
FOB, "Free On Board", is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway transport. As with all Incoterms, FOB does not define the point at which ownership of the goods is transferred. The term FOB is also used in modern domestic shipping within the United States to describe the point at which a seller is no longer responsible for shipping cost. Ownership of a cargo is independent from Incoterms. In international trade, ownership of the cargo is defined by the bill of lading or waybill.
  • 1.8K
  • 13 Oct 2022
Topic Review
The Effect of Perceptions on Tourism
Today, tourism plays an important role in the economic and financial development of countries, and its impact is greater than ever. Therefore, for sustainable economic and financial growth and well-planned development, public and private investments should be directed to areas of priority tourism development. 
  • 1.8K
  • 12 Jul 2022
Topic Review
Sustainability in Smart Tourism
Sustainability is a widely accredited concept in economic and territorial development—especially in the tourism sector, where it has become not only an essential working tool that is intimately related to the maintenance of and respect for environmental resources but also a defining element of new conceptualisations in the field of tourism, such as smart tourism destinations (STDs) and so-called sustainable tourism, whose “development is indispensable for economic growth”. Though sustainability must be considered in its entirety in order to cope with the current crisis, actions related to environmental sustainability have been scarce, practically limited to capacity control, and in accordance with health and prevention criteria but not with the protection of environmental resources.
  • 1.8K
  • 08 Aug 2022
Topic Review
Perceived Authenticity in Intangible Cultural Heritage Tourism
In the era of the experience economy, intangible cultural heritage (ICH) is now much a richer in terms of authenticity, which largely enriches the tourist experience. The dual dimensions of authenticity (constructive and existential) have significantly different effects on experience quality and satisfaction. Furthermore, with regard to the mediating effect of experience quality, experience quality plays a partially mediating role between existential authenticity and satisfaction. 
  • 1.8K
  • 24 Mar 2022
Topic Review
Caster
A caster (also known as castor according to some dictionaries) is a wheeled device typically mounted to a larger object that enables relatively easy rolling movement of the object. Casters are essentially housings, that include a wheel and a mounting to install the caster to objects (equipment, apparatus and more). Casters are found virtually everywhere, from office desk chairs to shipyards, and from hospital beds to automotive factories. They range in size from the very small furniture casters to massive industrial casters, and individual load capacities span 100 pounds (45 kg) or less to 100,000 pounds (45 t). Wheel materials include cast iron, plastic, rubber, polyurethane, polyolefin, nylon, thermoplastic rubber, forged steel, stainless steel, aluminum, and more.
  • 1.8K
  • 25 Nov 2022
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