Commonsense reasoningIn artificial intelligence (AI), commonsense reasoning is a human-like ability to make presumptions about the type and essence of ordinary situations humans encounter every day. These assumptions include judgments about the nature of physical objects, taxonomic properties, and peoples' intentions. A device that exhibits commonsense reasoning might be capable of drawing conclusions that are similar to humans' folk psychology (humans' innate ability to reason about people's behavior and intentions) and naive physics (humans' natural understanding of the physical world).
Weighted average cost of capitalThe weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Importantly, it is dictated by the external market and not by management. The WACC represents the minimum return that a company must earn on an existing asset base to satisfy its creditors, owners, and other providers of capital, or they will invest elsewhere.
PlenipotentiaryA plenipotentiary (from the Latin plenus "full" and potens "powerful") is a diplomat who has full powers—authorization to sign a treaty or convention on behalf of his or her sovereign. When used as a noun more generally, the word can also refer to any person who has full powers. As an adjective, it describes something which confers full powers, such as an edict or an assignment.
French West AfricaFrench West Africa (Afrique-Occidentale française, AOF) was a federation of eight French colonial territories in West Africa: Mauritania, Senegal, French Sudan (now Mali), French Guinea (now Guinea), Ivory Coast, Upper Volta (now Burkina Faso), Dahomey (now Benin) and Niger. The federation existed from 1895 until 1958. Its capital was Saint-Louis, Senegal until 1902, and then Dakar until the federation's collapse in 1960. With an area of 4,689,000 km2, French West Africa was eight times the size of Metropolitan France.
Energy lawEnergy laws govern the use and taxation of energy, both renewable and non-renewable. These laws are the primary authorities (such as caselaw, statutes, rules, regulations and edicts) related to energy. In contrast, energy policy refers to the policy and politics of energy. Energy law includes the legal provision for oil, gasoline, and "extraction taxes." The practice of energy law includes contracts for siting, extraction, licenses for the acquisition and ownership rights in oil and gas both under the soil before discovery and after its capture, and adjudication regarding those rights.
SubregionA subregion is a part of a larger region or continent and is usually based on location. Cardinal directions, such as south are commonly used to define a subregion. United Nations geoscheme The Statistics Division of the United Nations (UN) is in charge of the collection, processing, and dissemination of statistical information for the UN. In 1999, it developed a system of macro-geographical (continental) regions, subregions, and other selected economic groups to report advances towards achieving numerous millennial development goals worldwide.
Great powerA great power is a sovereign state that is recognized as having the ability and expertise to exert its influence on a global scale. Great powers characteristically possess military and economic strength, as well as diplomatic and soft power influence, which may cause middle or small powers to consider the great powers' opinions before taking actions of their own. International relations theorists have posited that great power status can be characterized into power capabilities, spatial aspects, and status dimensions.
RegionIn geography, regions, otherwise referred to as areas, zones, lands or territories, are portions of the Earth's surface that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and the environment (environmental geography). Geographic regions and sub-regions are mostly described by their imprecisely defined, and sometimes transitory boundaries, except in human geography, where jurisdiction areas such as national borders are defined in law.
Mass marketThe term "mass market" refers to a market for goods produced on a large scale for a significant number of end consumers. The mass market differs from the niche market in that the former focuses on consumers with a wide variety of backgrounds with no identifiable preferences and expectations in a large market segment. Traditionally, businesses reach out to the mass market with advertising messages through a variety of media including radio, TV, newspapers and the Web.
GeostrategyGeostrategy, a subfield of geopolitics, is a type of foreign policy guided principally by geographical factors as they inform, constrain, or affect political and military planning. As with all strategies, geostrategy is concerned with matching means to ends Strategy is as intertwined with geography as geography is with nationhood, or as Colin S. Gray and Geoffrey Sloan state it, "[geography is] the mother of strategy." Geostrategists, as distinct from geopoliticians, approach geopolitics from a nationalist point of view.