Techniques for assessing the investment attractiveness of a commercial organization based on classical methods of strategic economic analysis

Purpose: The development of methodological support for assessing the investment attractiveness of a commercial organization, considering modern information requests of stakeholders. Design/Methodology/Approach: As part of the research, the authors have developed an algorithm for investment attractiveness assessment of a commercial organization by using the scenario method of economic analysis. Findings: It is proved that the main disadvantages of the existing methods of assessing investment attractiveness are: the lack of strategic orientation of the assessment; ignoring the influence of most external and internal factors of activity; the inability to assess the risk of investing in the analyzed object; the need to compare with the level of investment attractiveness of similar organizations for an objective interpretation of the results. Practical implications: To eliminate the significant shortcomings of modern methodological support in this area, the authors recommend the use of scenario method of strategic economic analysis in the process of assessing the investment attractiveness of the organization. Originality/Value: The scenario method of strategic economic analysis proposed by the authors complements the existing approaches with the ability to take into account potential risks when making a far-sighted decision to invest in an organization by combining the results of retrospective analysis and forecasting changes in the quantitative and qualitative characteristics of financial and economic activity.peer-reviewe

Ongoing Mass Transfer in the Interacting Galaxy Pair NGC 1409/10

I present two-band HST STIS imaging, and WIYN spectral mapping, of ongoing mass transfer in the interacting galaxy pair NGC 1409/10 (where NGC 1410 is the Seyfert galaxy also catalogued as III Zw 55). Archival snapshot WFPC2 imaging from the survey by Malkan et al. showed a dust feature stretching between the galaxies, apparently being captured by NGC 1409. The new images allow estimates of the mass being transferred and rate of transfer. An absorption lane typically 0.25" (100 pc) wide with a representative optical depth tau_B = 0.2 cuts across the spiral structure of NGC 1410, crosses the 7-kpc projected space between the nuclei, wraps in front of and, at the limits of detection, behind NGC 1409, and becomes a denser (tau_B = 0.4) polar feature around the core of NGC 1409. Combination of extinction data in two passbands allows a crude three-dimensional recovery of the dust structure, supporting the front/back geometry derived from colors and extinction estimates. The whole feature contains of order $10^6$ solar masses in dust, implying about 2x10^7 solar masses of gas, requiring a mass transfer rate averaging ~1 solar mass per year unless we are particularly unlucky in viewing angle. Curiously, this demonstrable case of mass transfer seems to be independent of the occurrence of a Seyfert nucleus, since the Seyfert galaxy in this pair is the donor of the material. Likewise, the recipient shows no signs of recent star formation from incoming gas, although NGC 1410 has numerous luminous young star clusters and widespread H-alpha emission.Comment: 27 pages, 9 figures. Accepted for the Astronomical Journal, March 200

Estimating the Dark Halo Mass from the Relative Thickness of Stellar Disks

We analyze the relationship between the mass of a spherical component and the minimum possible thickness of stable stellar disks. This relationship for real galaxies allows the lower limit on the dark halo mass to be estimated (the thinner the stable stellar disk is, the more massive the dark halo must be). In our analysis, we use both theoretical relations and numerical N-body simulations of the dynamical evolution of thin disks in the presence of spherical components with different density profiles and different masses. We conclude that the theoretical relationship between the thickness of disk galaxies and the mass of their spherical components is a lower envelope for the model data points. We recommend using this theoretical relationship to estimate the lower limit for the dark halo mass in galaxies. The estimate obtained turns out to be weak. Even for the thinnest galaxies, the dark halo mass within four exponential disk scale lengths must be more than one stellar disk mass.Comment: 20 pages including 6 figures. To be published in Astronomy Letters (v. 32, No. 10, pp. 649-660, 2006

Hydrodynamic Processes in Young Binary Systems as a Source of Cyclic Variations of Circumstellar Extinction

Hydrodynamic models of a young binary system accreting matter from the remnants of a protostellar cloud have been calculated by the SPH method. It is shown that periodic variations in column density in projection onto the primary component take place at low inclinations of the binary plane to the line of sight. They can result in periodic extinction variations. Three periodic components can exist in general case. The first component has a period equal to the orbital one and is attributable to the streams of matter penetrating into the inner regions of the binary. The second component has a period that is a factor of 5-8 longer than the orbital one and is related to the density waves generated in a circumbinary (CB) disk. The third, longest period is attributable to the precession of the inner asymmetric region of CB disk. The relationship between the amplitudes of these cycles depends on the model parameters as well as on the inclination and orientation of the binary in space. We show that at a dust-to-gas ratio of 1:100 and and a mass extinction coefficient of 250 cm$^2$ g$^{-1}$, the amplitude of the brightness variations of the primary component in the V-band can reach $1^m$ at a mass accretion rate onto the binary components of $10^{-8} M_{\odot}$ yr$^{-1}$ and a $10^{\rm o}$ inclination of the binary plane to the line of sight. We discuss possible applications of the model to pre-main-sequence stars.Comment: 13 pages, 6 figures, published in Astronomy Letters (v.33, 2007

Bimodal Brightness Oscillations in Models of Young Binary Systems

We consider a model for the cyclic activity of young binary stars that accrete matter from the remnants of a protostellar cloud. If the orbit of such a binary system is inclined at a small angle to the line of sight, then the streams of matter and the density waves excited in the circumbinary disk can screen the primary component of the binary from the observer. To study these phenomena by the SPH (smoothed particle hydrodynamics) method, we have computed grids of hydrodynamic models for binary systems based on which we have constructed the light curves as a function of the orbital phase.The main emphasis is on investigating the properties of the brightness oscillations. Therefore, the model parameters were varied within the following ranges: the component mass ratio q = M2 : M1 = 0.2 - 0.5 and the eccentricity e = 0 - 0.7. The parameter that defined the binary viscosity was also varied. We adopted optical grain characteristics typical of circumstellar dust. Our computations have shown that bimodal oscillations are excited in binaries with eccentric orbits, provided that the binary components do not differ too much in mass. In this case, the ratios of the periods and amplitudes of the bimodal oscillations and their shape depend strongly on the inclination of the binary plane and its orientation relative to the observer. Our analysis shows that the computed light curves can be used in interpreting the cyclic activity of UX Ori stars.Comment: 14 pages, 5 figures, 1 tabl

Brightness Oscillations in Models of Young Binary Systems with Low-Mass Secondary Components

We consider a model for the cyclic brightness variations of a young star with a low-mass companion that accretes matter from the remnants of a protostellar cloud. At small inclinations of the binary orbit to the line of sight, the streams of matter and the density waves excited in the circumbinary disk can screen the primary component of the binary from the observer. To study these phenomena, we have computed grids of hydrodynamic models for binary systems by the SPH method based on which we have constructed the phase light curves as a function of the rotation angle of the apsidal line relative to the observer. The model parameters were varied within the following ranges: the component mass ratio q = 0.01-0.1 and the eccentricity e = 0-0.5. We adopted optical grain characteristics typical of circumstellar dust. Our computations have shown that the brightness oscillations with orbital phase can have a complex structure. The amplitudes and shapes of the light curves depend strongly on the inclination of the binary orbit and its orientation relative to the observer and on the accretion rate. The results of our computations are used to analyze the cyclic activity of UX Ori stars.Comment: 13 pages,8 figures, 1 tabl

37 GHz observations of narrow-line Seyfert 1 galaxies

Observations at 37 GHz, performed at Mets\"ahovi Radio Observatory, are presented for a sample of 78 radio-loud and radio-quiet narrow-line Seyfert 1 (NLS1) galaxies, together with additional lower and higher frequency radio data from RATAN-600, Owens Valley Radio Observatory, and the Planck satellite. Most of the data have been gathered between February 2012 and April 2015 but for some sources even longer lightcurves exist. The detection rate at 37 GHz is around 19%, comparable to other populations of active galactic nuclei presumed to be faint at radio frequencies, such as BL Lac objects. Variability and spectral indices are determined for sources with enough detections. Based on the radio data, many NLS1 galaxies show a blazar-like radio spectra exhibiting significant variability. The spectra at a given time are often inverted or convex. The source of the high-frequency radio emission in NLS1 galaxies, detected at 37 GHz, is most probably a relativistic jet rather than star formation. Jets in NLS1 galaxies are therefore expected to be a much more common phenomenon than earlier assumed.Comment: Accepted for publication in A&A. Table of 37 GHz data will be available at the CDS soo

Effect of control of a fast-electron beam using a ceramic channel

At present, experiments with the use of ions with an energy on the order of MeV are intended for the application of radiation with a spot size of about one micrometer for material analysis, surface modification, and cell surgery. In this work, the possibility of controlling a beam of accelerated electrons by using a ceramic channel in the case of its inclination both in the vertical and in horizontal planes is demonstrate

Mixed Morphology Pairs as a Breeding Ground for Active Nuclei

Mixed morphology pairs offer a simplification of the interaction equation that involves a gas-rich fast rotator paired with a gas-poor slow rotator. In past low resolution IRAS studies it was assumed that the bulk of the far infrared emission originated in the spiral component. However our ISO studies revealed a surprising number of early-type components with significant IR emission some of which turned out to show active nuclei. This motivated us to look at the current statistics of active nuclei in mixed pairs using the FIR-radio continuum correlation as a diagnostic. We find a clear excess of early-type components with radio continuum emission and an active nucleus. We suggest that they arise more often in mixed pairs via cross fueling of gas from the spiral companion. This fuel is more efficiently channeled into the nucleus of the slow rotating receptor. In a sample of 112 mixed-morphology pairs from the Karachentsev catalog we find that about 25-30% of detected mixed pairs show a displacement from the radio-FIR relation defined by normal star forming galaxies. The latter objects show excess radio continuum emission while others extend the relation to unusually high radio and FIR flux levels. Many of the outliers/extreme emitters involve an early-type component with an active nucleus. The paired E/S0 galaxies in the sample exhibit a significant excess detection fraction and a marginal excess luminosity distribution compared to isolated unpaired E/S0 galaxies.Comment: 3 figure

The Polar Stellar Ring and Dark Halo of NGC 5907

Numerical simulations of the disruption of a dwarf companion moving in the polar plane of a massive galaxy are presented. The constructed model is compared with observational data on the recently discovered low-surface-brightness stellar ring around galaxy NGC 5907. Constraints on the ring lifetime (<=1.5 gyr after the first approach of the galaxies), on the structure of companion -- the ring presecursor, and on mass of dark halo of the main galaxy in whose gravitational field the companion moves are provided. The dark halo mass within 50 kpc of NGC 5907 center cannot exceed 3 or 4 "visible" masses.Comment: 8 pages, 6 figures, article published in Astronomy Letters, Vol.26, No.5, 2000, pp277-28