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In [[logic]], a '''strict conditional''' is a [[material conditional]] that is acted upon by the necessity operator from [[modal logic]]. For any two propositions <math>p</math> and <math>q</math>, the formula <math>p \rightarrow q</math> says that <math>p</math> materially implies <math>q</math> while <math>\Box (p \rightarrow q)</math> says that <math>p</math> strictly implies <math>q</math>. Strict conditionals are the result of [[Clarence Irving Lewis]]'s attempt to find a conditional for logic that can adequately express [[indicative conditional]]s. Such a conditional would, for example, avoid the [[paradoxes of material implication]]. The following statement, for example, is not correctly formalized by material implication.
{{Refimprove|date=May 2008}}


: If Bill Gates had graduated in Medicine, then Elvis never died.
'''eClerx''' is an Indian [[KPO]] based in [[Mumbai]] and [[Pune]]. eClerx is a public limited company whose shares are listed on the [[Bombay Stock Exchange]] (BSE code: 532927) and [[National Stock Exchange]] (NSE code: ECLERX). The company listed on the bourses on Monday, December 31, 2007 and generated total income of INR 1283.15 million from 01 April 2007 to 31 March 2008.<ref>1 http://www.bseindia.com/qresann/detailedresult_cons.asp?scrip_cd=532927&qtr=57.5&compname=eClerx%20Services%20Ltd&quarter=MC2007-2008&checkcons=55c </ref>


This condition is clearly false: the degree of Bill Gates has nothing to do with whether Elvis is still alive. However, the direct encoding of this formula in [[classical logic]] using material implication lead to:
== eClerx services ==
<br>
eClerx provides services to clients from the Manufacturing and Retail and Finance sectors.<br><br>
• '''Data Analytics''' <br><br>
The data analytics services provided by eClerx encompass activities related to


: Bill Gates graduated in Medicine <math>\rightarrow</math> Elvis never died.
- Data collection<br>
- Aggregation<br>
- Analysis<br>
- Inference and reporting<br>


This formula is true because a formula <math>A \rightarrow B</math> is true whenever the antecedent <math>A</math> is false. Hence, this formula is not an adequate translation of the original sentence. Strict conditions are encodings of implications in modal logic attempting A different encoding is:
In the Manufacturing and Retail sector the analytics services include –


: <math>\Box</math> (Bill Gates graduated in Medicine <math>\rightarrow</math> Elvis never died.)
1)Pricing Analytics<br>
2)Customer Insight Studies<br>
3)Product Mix Optimization<br>


In modal logic, this formula means (roughly) that, in every possible world in which Bill Gates graduated in Medicine, Elvis never died. Since one can easily imagine a world where Bill Gates is a Medicine graduate and Elvis is dead, this formula is false. Hence, this formula seems a correct translation of the original sentence.
In the Finance sector the analytics services include –


Although the strict conditional is much closer to being able to express natural language conditionals than the material conditional, it has its own problems. The following sentence, for example, is not correctly formalized by a strict conditional:
1)Portfolio Matching and Reconciliation<br>
2)Transaction Maintenance<br>
3)Finance and Control<br>


: If Bill Gates graduated in Medicine, then 2 + 2 = 4.
• '''Operations Management''' <br><br>


Using strict conditionals, this sentence is expressed as:
In the Manufacturing and Retail sector the Operations Management services include –


: <math>\Box</math> (Bill Gates graduated in Medicine <math>\rightarrow</math> 2 + 2 = 4)
1)Online Store Support<br>
2)Technical Content Development<br>
3)Product/Services Configuration<br>


In modal logic, this formula means that, in every possible world where Bill Gates graduated in medicine, it holds that 2 + 2 = 4. Since 2 + 2 is equal to 4 in all possible worlds, this formula is true. While it is clearly not the case that 2 + 2 = 4 if Bill Gates graduated in medicine, the corresponding strict material statement is true.
In the Finance sector the analytics services include –


To avoid the paradoxes of strict implication, some logicians have created [[counterfactual conditionals]]. Others, such as [[Paul Grice]], have used [[conversational implicature]] to argue that, despite apparent difficulties, the material conditional is just fine as a translation for the natural language 'if...then...'. Others still have turned to [[relevant logic]] to supply a connection between the antecedent and consequent of provable conditionals.
1)Reference Data Maintenance<br>
2)Transaction Documentation<br>
3)Cash Settlement and Reconciliation<br>


The [[Corresponding conditional]] of an [[argument]] (or derivation) is a [[logical implication]] whose [[antecedent (logic)|antecedent]] is the [[logical conjunction|conjunction]] of the argument's (or derivation's) [[premise]]s and whose [[consequent]] is the argument's [[conclusion]]. An argument is [[valid]] [[if and only if]] its corresponding conditional is a necessary truth. It follows that an argument is valid if and only if the negation of its corresponding conditional is a [[contradiction]].
• '''Audits / Reconciliation''' <br><br>


In the Manufacturing and Retail sector the Audits and Reconciliation services include –


1)Online Site Audits<br>
2)Catalogue Integrity Checks<br>
3)Grey Market and Price Monitoring<br>


==See also==
In the Finance sector the Audits and Reconciliation services include –


* [[Counterfactual conditional]]
1)Legal Contract Review<br>
* [[Indicative conditional]]
2)Reconciliations<br>
* [[Material conditional]]
* [[Logical implication]]
* [[Corresponding conditional]]


==References==
• '''Metrics and Reporting'''<br><br>
*Edgington, Dorothy, 2001, "Conditionals," in Goble, Lou, ed., ''The Blackwell Guide to Philosophical Logic''. Blackwell.
The metrics and reporting service provides clients with dashboards and reports that help executives make business decisions.<br>
For an introduction to non-classical logic as an attempt to find a better translation of the conditional, see:
*Priest, Graham, 2001. ''An Introduction to Non-Classical Logic''. Cambridge Univ. Press.
For an extended philosophical discussion of the issues mentioned in this article, see:
*[[Mark Sainsbury]], 2001. ''Logical Forms''. Blackwell Publishers.
*[[Jonathan Bennett (philosopher)|Jonathan Bennett]], 2003. ''A Philosophical Guide to Conditionals''. Oxford Univ. Press.


== eClerx - Membership and Alliances ==


[[Category:Logic]]
• [[Markit]]<ref>2 http://www.markit.com/information/alliance_program/membership_categories/strategic.html</ref><br>
[[zh:严格条件]]
• [[ISDA]]<ref>3 http://www.isda.org/membership/list_of_associate.html#e</ref><br>
• [[Nasscom]] <br>
• Professional Pricing Society

== Awards and Recognition ==

• Forbes - '200 Best Under a Billion'<ref>5 http://www.equitybulls.com/admin/news2006/news_det.asp?id=39896</ref><br>
• Yankee Group - Best of Breed, July 2005<ref>6 http://www.moneycontrol.com/india/news/pressipo/eclerx-services-ipo-opens-december-4/08/15/314870</ref><br>
• AT Kearney - Best of Breed, 2004 <ref>7 http://www.moneycontrol.com/india/news/pressipo/eclerx-services-ipo-opens-december-4/08/15/314870</ref><br>
• Top 20 Companies to Watch <ref>8 http://www.moneycontrol.com/india/news/pressipo/eclerx-services-ipo-opens-december-4/08/15/314870</ref>

== Facilities ==
eClerx has facilities in;

• Fort - [[Mumbai]] <br>
• [[Sewri]] - [[Mumbai]] <br>
• [[Ghatkopar]] - [[Mumbai]] <br>
• [[Hinjewadi]] - [[Pune]]

== Directors and principals ==

;Directors

#V.K. Mundhra – Chairman
#P.D. Mundhra – Executive Director
#Anjan Malik – Non-Executive Director
#Pradeep Kapoor - Non-Executive Independent Director
#Jimmy Bilimoria - Non-Executive Independent Director
#Vikram Limaye - Non-Executive Independent Director
#Anish Ghosal - Non-Executive Independent Director

;Management Team

#Hoshi Mistry - Principal
#Kaushal Mahajan – Principal
#Rohitash Gupta - Principal
#Kishore Poduri - Principal
#Daniel Foarde - Principal
#Andrew Hobbs - Associate Principal
#Joseph Ryan - Associate Principal
#Mahesh Muthu - Associate Principal
#Nick Kandola - Associate Principal
#Swati Thakar - Associate Principal
#Joseph Sursock - Associate Principal
#Sachin Rastogi - Associate Principal
#Ritesh Pothan - Associate Principal

== eClerx expansion ==

eClerx recently acquired UK based Igentica Travel Solutions (ITS). <ref>4 http://www.moneycontrol.com/india/news/ipoissuesopen/eclerxservicesipoindiacapitalmarkets/subscribetoeclerxservicesipoindiacapmkts/market/stocks/article/316083</ref>The main objective of this acquisition is to gain exposure to the European market.

== References ==
{{Reflist}}

<references/>
== External links ==
* [http://www.eClerx.com eClerx Website]

Revision as of 12:47, 13 October 2008

In logic, a strict conditional is a material conditional that is acted upon by the necessity operator from modal logic. For any two propositions and , the formula says that materially implies while says that strictly implies . Strict conditionals are the result of Clarence Irving Lewis's attempt to find a conditional for logic that can adequately express indicative conditionals. Such a conditional would, for example, avoid the paradoxes of material implication. The following statement, for example, is not correctly formalized by material implication.

If Bill Gates had graduated in Medicine, then Elvis never died.

This condition is clearly false: the degree of Bill Gates has nothing to do with whether Elvis is still alive. However, the direct encoding of this formula in classical logic using material implication lead to:

Bill Gates graduated in Medicine Elvis never died.

This formula is true because a formula is true whenever the antecedent is false. Hence, this formula is not an adequate translation of the original sentence. Strict conditions are encodings of implications in modal logic attempting A different encoding is:

(Bill Gates graduated in Medicine Elvis never died.)

In modal logic, this formula means (roughly) that, in every possible world in which Bill Gates graduated in Medicine, Elvis never died. Since one can easily imagine a world where Bill Gates is a Medicine graduate and Elvis is dead, this formula is false. Hence, this formula seems a correct translation of the original sentence.

Although the strict conditional is much closer to being able to express natural language conditionals than the material conditional, it has its own problems. The following sentence, for example, is not correctly formalized by a strict conditional:

If Bill Gates graduated in Medicine, then 2 + 2 = 4.

Using strict conditionals, this sentence is expressed as:

(Bill Gates graduated in Medicine 2 + 2 = 4)

In modal logic, this formula means that, in every possible world where Bill Gates graduated in medicine, it holds that 2 + 2 = 4. Since 2 + 2 is equal to 4 in all possible worlds, this formula is true. While it is clearly not the case that 2 + 2 = 4 if Bill Gates graduated in medicine, the corresponding strict material statement is true.

To avoid the paradoxes of strict implication, some logicians have created counterfactual conditionals. Others, such as Paul Grice, have used conversational implicature to argue that, despite apparent difficulties, the material conditional is just fine as a translation for the natural language 'if...then...'. Others still have turned to relevant logic to supply a connection between the antecedent and consequent of provable conditionals.

The Corresponding conditional of an argument (or derivation) is a logical implication whose antecedent is the conjunction of the argument's (or derivation's) premises and whose consequent is the argument's conclusion. An argument is valid if and only if its corresponding conditional is a necessary truth. It follows that an argument is valid if and only if the negation of its corresponding conditional is a contradiction.


See also

References

  • Edgington, Dorothy, 2001, "Conditionals," in Goble, Lou, ed., The Blackwell Guide to Philosophical Logic. Blackwell.

For an introduction to non-classical logic as an attempt to find a better translation of the conditional, see:

  • Priest, Graham, 2001. An Introduction to Non-Classical Logic. Cambridge Univ. Press.

For an extended philosophical discussion of the issues mentioned in this article, see: