Broad differentiation strategies generally work best in market circumstances where the buyer uses and needs of product are diverse and they are not fully satisfied by the standardize product.
A Standardize product are those product which are identical regardless of which company makes the goods. A consumer cannot make difference in between the products. As they are homogenous in nature. Most product are perfect substitute of each other. Examples of standardized products include wheat, cement, fish all these product are identical in nature and have a very close substitute available in the market. There are many sellers available of standardize product.
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what are the implications for firms that do not have common database systems with consistent formats across their enterprise?
They struggle to manage their value chain efficiently. Communication between people results in time savings, cost reductions, and fewer errors that communication between computers.
Database Systems/Database Management Systems, often known as DBMS, are pieces of software that collect electronic and digital records, extract usable information from those records, and then store that information. A conventional database's function is to store and retrieve data.
Large amounts of data may be managed through database systems. Defining information storage architecture and creating tools for information manipulation are both components of data management.
What are the 4 types of databases?
Types of Database Management Systems
Relational database.Object-oriented database.Hierarchical database.Network database.Learn more about Database Management to visit this link
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What country have a sand
Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.
Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
CC refers to the present worth of a project with a very long life, that is, PW as n becomes infinite Select one: True False
The correct answer is False.
CC (Capitalized Cost) refers to the present value or present worth of a project with a very long life, not PW (Present Worth).
CC represents the sum of all the expected future cash flows from the project, discounted to their present value, and it is used to evaluate the economic viability of projects with long durations.
The CC approach assumes that the project's cash flows will continue indefinitely, rather than assuming the project's life becomes infinite.
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Jessica wants to save $100,000 in the next 10 years so she can have a good start on her retirement fund. How much will her monthly contributions need to be if she can earn a 12% return on her money?.
In order to get a head start on her retirement fund, Jessica plans to save $100,000 over the next ten years. If she can get a 12% return on her investment, she will need to make monthly instalments of $434.71.
Savings are important for two reasons: financial security and financial objectives. Confidence in your capacity to cover unforeseen expenses, pay for your own retirement, and maintain a chosen lifestyle is a result of financial stability and preparedness.
Goals can aid in maintaining perspective and reining in saving efforts. Your ability to accumulate your first $100,000 for any objective you may have in mind will depend on how much money you have to save, whether retirement from lower costs or higher income. And after you accomplish that, getting to the next $100,000 will be simpler.
So, In order to get a head start on her retirement fund, Jessica plans to save $100,000 over the next ten years. If she can get a 12% return on her investment, she will need to make monthly instalments of $434.71.
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What are 'hops', and when, where and why did they enter the beer production process?
Describe the main phases in the development of Northern European brewing between the 13th century and the 16th century.
Identify and describe the significance of the following terms relevant to this week's topic:
alien beer brewers
gruit
gruitgeld/ gruitrecht/ hopgeld
Hamburg
Hanse
Humulus lupulus L.
Roger James
Hops are the flowers of the hop plant (Humulus lupulus) and are a key ingredient in beer production.
Hops have long been used in the brewing of beer; evidence of their use dates back to the Middle Ages. Hops didn't become a widely used brewing component in Europe, particularly in Germany and the Low Countries, until the 11th to 16th century.
Their bittering, flavoring, and aroma-producing qualities are their main uses. Numerous substances found in hops, such as alpha acids, essential oils, and tannins, are responsible for the distinctive bitterness, aroma, and stability of beer.
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Bakery has bought 250 pounds of muffin dough. They want to make waffles or muffins in half-dozen packs out of it. Half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. It take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. Their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. How many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answer and Explanation:
The number of packets of waffles is W
and the number of muffins are M
The weight of dough is 250 pound and a pack of muffins requires 1 lb of dough whereas a pack of waffles uses 3/4 lb of dough.
3÷4W+M≤250
Multiplying both sides by 4
3W+4M≤1000
It takes bakers 6 minutes to make a packer of waffles and 3 minutes to make a pack of muffins, the total time available is 20 hours or 1200 minutes.
3M+6M≤1200
Minus the initial equation from the new equation:
(3M+6M≤1200)−(3W+4M≤1000)
2M≤200
Dividing equation by 2
M≤100
For M≤100
3W+4M≤1000
3W≤1000−4M
For the Maximum values of M
the least value of W is obtained
3W≥1000−4×100
3W≥600
Dividing the equation by 3
W≥300
For maximum profit, the number of waffles and muffins is taken as 300 and 100 respectively :
1.5∗300+2∗100
=650
Which document determines the number of shares in a company?
a stock prospectus
an annual bill of rights
a corporate charter
an annual report
Answer:
C. a corporate charter
A Corporate Charter is document determines the number of shares in a company.
What is Corporate Charter?
Corporate charter is a legal document which is issued with the Secretary of State or registrar in order to establish a company as a corporation and contain every detailed information about company's share. The corporate charter contain information about governance, structure, objectives, operation, other information about the company and information about that total company shares and how much the company is willing to sell.
Therefore, A Corporate Charter is document determines the number of shares in a company
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6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
which one of the following parties are not considered stakeholders of a firm
The competitors are not a stakeholders of a firm
Who is a stakeholder of a firm?A stakeholder in a firm refers to any person, group, or entity that has an interest in the success or failure of the firm. Stakeholders can be internal or external to the organization, and can include:
Shareholders or owners: These are individuals who have invested in the firm by purchasing stock or other ownership interests.
Employees: Employees are a key stakeholder group, as they play a crucial role in the success of the firm and often have a vested interest in its well-being.
Customers: Customers are stakeholders because they provide the revenue that keeps the firm in business, and their satisfaction is essential for long-term success.
Suppliers: Suppliers are stakeholders because they provide the inputs that the firm uses to produce its products or services.
Government: Governments have an interest in the activities of firms as they can impact the economy, the environment, and the well-being of their citizens.
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What kinds of techniques discussed in the chapter can help these managers to increase efficiency?
In what ways can these managers go about developing a program to increase quality?
What critical lessons can these managers learn from operations management?
The techniques discussed in the chapter that can help managers increase efficiency include process improvement, automation, and inventory management.
By implementing these techniques, managers can streamline their operations and reduce waste, ultimately leading to increased efficiency. To develop a program to increase quality, managers can use tools like Six Sigma and Total Quality Management.
These programs focus on continuous improvement and involve collecting and analyzing data to identify areas for improvement. Managers can also involve employees in the program to increase buy-in and engagement.
From operations management, managers can learn critical lessons about the importance of efficiency, quality, and continuous improvement. Operations management emphasizes the need to manage resources effectively to meet customer demands and increase profitability.
By focusing on these key principles, managers can optimize their operations and achieve their goals more effectively. Additionally, operations management highlights the importance of staying up-to-date with technology and industry trends, which can help managers remain competitive in their market.
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Now you must decide who should be on the team. Kelly will be on the team as a matter of course, and you must choose three other GearUp employees to work with her.
Answer: The best choices would have been Deepak Menon, Ruby Coulbury, and Ethan Atkinson
Explanation:
Team work requires the best of those not only coming to the team with their talent and idea but those who'd be willing to put their everything to make sure the project being carried out is a success, failure to do so would just be having bunch of talented people with no passion but woould rather work for personal gain and fame. Choosing the best shouldn't just be what they can do but also how passionate are they. That's why the best choices would have been Deepak Menon, Ruby Coulbury, and Ethan Atkinson based on their passion accompanied with their talent.
Terrell has $300 to open a checking account. He plans to use the ATM four times per month at his local branch. He does not overdraft his account.
Answer:
Terrell needs a checking account that offers him either no fees at all for ATM withdrawals at the local branch, or that offers him the lowest fees in the market.
The reason is that Terrell will open his account with a relatively small amount of $300, and he plans to make 4 withdrawals in total. Given the small balance and the quantity of withdrawals, a high fee could easily represent an important percentage of the total balance, making him lose money, essentially.
Answer:
B
Explanation:
You are the contracting officer for a firm-fixed price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is false
The correct answer is (b) You have the discretion to waive the late submission of the report without any impact on the contract.
This statement is false because as the contracting officer, you do not have the discretion to waive the late submission of the report without any impact on the contract. In a firm-fixed price purchase order for commercial services, adherence to contractual requirements, including submission deadlines, is typically important.
Late submission of a contractually required report is considered nonconforming performance. As the contracting officer, you have the responsibility to enforce the terms and conditions of the contract. The late submission of the report may be a breach of contract, and you need to address this nonconformance appropriately.
In this situation, it is essential to review the contract terms to determine the consequences of the late submission. The contract may specify penalties, such as liquidated damages or other remedies, for nonconforming performance. You may need to notify the contractor of the late submission and discuss the impact it may have on the contract, including any potential penalties or remedies.
Ultimately, the false statement implies that you have the discretion to waive the late submission without any consequences, which is not typically the case in a contractual agreement.
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Which of the following is most likely to be detected by an auditor's review of a client's sales cutoff?
A) Unrecorded sales for the year.
B) Lapping of year-end accounts receivable.
C) Excessive sales discounts.
D) Unauthorized goods returned for credits.
A) Unrecorded sales for the year is most likely to be detected by an auditor's review of a client's sales cutoff. This is because an auditor's review of a client's sales cutoff focuses on ensuring that all sales transactions are recorded in the correct period, typically at the end of the fiscal year.
By reviewing sales cutoff, the auditor can identify any sales that were made but not recorded in the correct period, which would result in unrecorded sales for the year.
Based on your question, the answer is: A) Unrecorded sales for the year.
An auditor's review of a client's sales cutoff primarily aims to detect unrecorded sales transactions and ensure that they are accurately recorded in the correct accounting period. This helps maintain the integrity of the financial statements and ensures accurate reporting.
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information technologies are a major support tool for making structured decisions.
True. Information technologies are indeed a major support tool for making structured decisions.
It is true that information technologies play a crucial role in supporting structured decision-making processes. Structured decisions refer to those that can be clearly defined, have specific criteria for evaluation, and follow a set of established rules or procedures.
In such cases, information technologies provide valuable support by facilitating the collection, organization, and analysis of data and information.
Information technologies enable the efficient processing and management of large volumes of data, allowing decision-makers to access relevant information quickly and accurately. They provide tools for data visualization, modeling, and simulation, which aid in understanding complex relationships and predicting potential outcomes.
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The complete question is:
Information technologies are a major support tool for making structured decisions. True or False
Background info: Gulfstream G150 is one of the fastest mid-size business jet aircrafts developed by Gulfstream Aerospace Corporation in partnership with Israel Aircraft Industries (IAI). Being powered by 2 rear-mounted Honeywell TFE731-40AR turbofan engines, the aircraft has an ultra-long range and can cruise at very high speeds. The aircraft has low sweptback wings and a horizontal stabilizer in a cruciform-tail configuration. It has a capacity of housing up to 9 occupants. Specifications: List of specifications: Max take-off weight: WTO=11,839 kg Cruise speed: VC=850 km/h Service ceiling: 14,000 m Range: 5462 km Fuselage length: 16.94 m Wing area: S=29.41 m2 Wing span: b=16.64 m Mean chord: c=1.8 m Use the following aerodynamic data: Maximum lift coefficient: CLmax=1.5 Minimum lift coefficient: CLmin=−1.2 Lift slope: CLα=5.5rad−1 Questions: Using the above information, construct the generalized aircraft's V-n Diagram and its associated Gust V−n Diagram at sea level and at an altitude of 12,000 m. Describe your solution steps and results clearly. Please include key sample calculations related to the derivations of the diagrams. (You may use graphical plotting software such as Microsoft Excel or MATLAB for the diagram plotting as well as to execute the required calculations. Otherwise, you can also manually plot the diagrams on graph papers. ) a) Describe the effects on the aircraft when it experiences a down gust of u=−15.25 m/s as it cruises at 0.7Vc in a steady level flight at sea level and at 12,000 m altitude? b) What is the largest vertical acceleration (upward) that the aircraft can achieve at 75 m/s for both altitudes? c) Calculate the aircraft's penetration speed for the gust speed of u=−15.25 m/s at both altitudes.
The generalized aircraft's V-n Diagram and Gust V-n Diagram can be constructed by determining the load factor (n) at various speeds (V) and comparing them to the maximum and minimum allowable values based on aerodynamic limits and gust considerations.
For the effects of a down gust at both sea level and 12,000 m altitude, the aircraft experiences a sudden change in velocity, resulting in an increase in the load factor. The specific effects depend on the aircraft's response characteristics and stability.
To calculate the largest vertical acceleration (upward) that the aircraft can achieve at 75 m/s, it is necessary to determine the load factor corresponding to this speed and then calculate the corresponding vertical acceleration using the equations of motion.
For the calculation of the aircraft's penetration speed for the given gust speed of u = -15.25 m/s, the aircraft's airspeed (Va) needs to be determined at which the gust-induced vertical acceleration is equal to the maximum allowable load factor.
These calculations involve utilizing the provided aerodynamic data, lift coefficients, and equations of motion to derive the required values and plot the diagrams accurately.
Note: Due to the complex nature of the calculations and graphical plotting involved, it is recommended to use appropriate software tools such as Microsoft Excel or MATLAB for accurate and efficient solutions.
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Strategic ______ is a process that involves managers from all levels of the organization in the formulation and the implementation of strategies and strategic goals.
Strategic management is a process that engages managers at all organizational levels in the creation and execution of strategies and strategic objectives.
What Exactly Is an Investment Strategy?A set of guidelines created to aid an individual investor in achieving their financial and investing objectives is referred to as an investment strategy.This strategy directs an investor's choices in accordance with goals, risk tolerance, and anticipated capital requirements.They can range from cautious (following a low-risk approach with the goal of protecting money) to extremely aggressive (seeking rapid growth by focusing on capital appreciation).Investors can create their own portfolios using their techniques or work with a financial advisor to do so.Strategies must be frequently reassessed as conditions change since they are not static.To know more about Strategy, refer to the following link:
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Free competition
What type of economy it is
Answer:
Mixed Economy = USA
Explanation:
According to the video, Industrial Production Managers need which qualities? Check all that apply.
willingness to travel frequently
ability to lift heavy objects
ambition to own a company
ability to handle stress
desire for responsibility
relationships with news media
Answer: ability to handle stress
desire for responsibility
Explanation:
Industrial production managers are the individuals who oversee the daily operations of the plants in an organization.
They are responsible for the coordination, and the planning of the activities that are used in the creation of different goods.
According to the video, the qualities needed by Industrial Production Managers include the ability to handle stress and the desire for responsibility.
Answer: It is D and E
define finiancial institution
Answer:
A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
Answer:
Financial institutions, otherwise known as banking institutions, are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions:[1][2]
Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies;
Contractual institutions – insurance companies and pension funds
Investment institutions – investment banks, underwriters, brokerage firms
what is professional education!
Answer:
Professional education is a formal specialized training about a particular profession in which learners are taught the central concepts, principles, and techniques, and how these are applied in real practice, and the learners also acquire the necessary competencies needed for proper practice and behaviour.
Professional education is a formalized approach to specialized training in a professional school through which participants acquire content knowledge and learn to apply techniques. Although content is what the participant is expected to learn by attending professional school, such an education also helps the participant acquire the competencies needed for proper practice and behavior.
which piano is the best for beginners? List 5 best pianoes.
Answer:
1:Yamaha YPT-269
2:Casio PX-770
3:Korg EK-50
4:Roland
5:Go:keys
Answer:
1. Yamaha P-45
2. Yamaha YDP-S34
3. Casio PX-770
4. Korg B1SP
5. Roland RP102
Explanation:
A conflict involves a serious clash of values, perceptions, or ideas and can jeopardize productivity in terms of one's relationships at work and dealings with customers (T/F)
(T)rue
The answer is true. Conflict is a scenario that involves at least two ideas interdependent parties, is marked by perceived differences, and is seen negatively by the participants.
Negative emotional states and acts meant to win the day are frequently the result of this. Information conflicts, values conflicts, interest conflicts, ideas interpersonal conflicts, and structural conflicts are the five basic causes of conflict. Conflicts over information occur when persons have conflicting or incomplete information or disagree on the information's relevance. A argument over a course of action to be taken, such as the marketing strategy for a new product, with one's supervisor or other team members is an example of substantive conflict.
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Oriole Inc., manufactures ice tea and would like to increase its market share in the North. In order to do so, Oriole has decided to locate a new factory in the Cedar Rapid area. Oriole will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three buildings.
Building A: Purchase for a cash price of $1,533,000, useful life 26 years.
Building B: Lease for 26 years with annual lease payments of $126,000 being made at the beginning of the year.
Building C: Purchase for $1,965,000 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $20,700. Rental payments will be received at the end of each year. Oriole Inc. has no aversion to being a landlord.
Click here to view factor tables
In which building would you recommend that Oriole Inc. locate, assuming a 12% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 4,585.81.)
Net Present Value
Building A Senter a dollar amount rounded to 2 decimal places
Building B Senter a dollar amount rounded to 2 decimal places
Building C Senter a dollar amount rounded to 2 decimal places
Oriole Inc. should locate itself in select a building Building A Building B Building C
1. Net Present Value: Building A: $2,371,836.59: Building B: $1,937,088.42: Building C: $2,592,428.21
2. Oriole Inc. should locate itself in: Building C
Here are the calculations for the net present value (NPV) of each building:
Building A
Initial cost: $1,533,000
Useful life: 26 years
Cost of funds: 12%
NPV = $1,533,000 * 0.32201 + $1,533,000 * 0.26923 + ... + $1,533,000 * 0.00649 = $2,371,836.59
Building B
Annual lease payments: $126,000
Useful life: 26 years
Cost of funds: 12%
NPV = $126,000 * PVIFA(12%, 26) = $1,937,088.42
Building C
Initial cost: $1,965,000
Annual rental income: $20,700
Useful life: 26 years
Cost of funds: 12%
NPV = $1,965,000 * 0.32201 + $20,700 * PVIFA(12%, 26) = $2,592,428.21
Recommendation
Based on the NPV calculations, Oriole Inc. should locate in Building C. The NPV of Building C is the highest, meaning that it will generate the most profit for Oriole Inc.
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If you saw a table containing the following factors, what kind of interest factor would you be looking at? End of Year: 1 2 3 4 5 ;6% : 1.060 1.124 1.191 1.262 1.338. multiple choice: a.Present value of a single amount. b.Future value of a single amount. c.Present value of an annuity. d.Future value of an annuity
The correct answer is option b. Future value of a single amount.
The kind of interest factor you would be looking at if you saw a table containing the following factors, End of Year: 1 2 3 4 5 ;6% : 1.060 1.124 1.191 1.262 1.338, is Future value of a single amount.
This is because the table shows the growth of a single amount over a period of time at a specified interest rate. The future value of a single amount is calculated by multiplying the present value by the interest factor for the specified number of years.
In this case, the interest factor is 1.060 for the first year, 1.124 for the second year, and so on. Therefore, the correct answer is option b. Future value of a single amount.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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If the money supply grows at 6% and the inflation rate is 2%, the quantity theory predicts that the change in real GDP will be
Answer:
I believe the answer is 4%
Explanation:
The "Heading1" paragraph style is a good choice to make a chapter name in a document stand out. False True
Answer:
The given statement is "True".
Explanation:
Content formatted with either a heading style initially appeared whenever users are using the perpendicular scroll pointer to peruse a memorandum. Headings can indeed be broadened and sometimes disappeared, as a component of Word’s overview component. Throughout the Navigation window, headings display as users check for text. Because once making a chart of material, individuals would be included.So the one listed above will be the right one.
the notion that a service organization must focus on its employees before successful programs can be directed at customers is referred to as
Answer: The notion that a service organization must focus on its employees before successful programs can be directed at customers is referred to as the internal marketing concept.
Explanation:
What is the internal marketing concept?
The internal marketing concept refers to the act of treating the company's employees as internal customers. The term is used to define an approach that involves motivating employees and treating them as if they were customers who are being sold a service by the company. The approach involves ensuring that the employees are motivated and satisfied with the service they are providing before directing successful programs at customers.
Importance of internal marketing concept
The importance of the internal marketing concept is based on the following:
It strengthens employees' loyalty to the company: By treating employees as internal customers, companies are more likely to build strong relationships with their employees, which increases their loyalty to the company.It improves employee morale: When employees are treated as internal customers and their satisfaction is prioritized, it can increase their morale and motivation.It helps in reducing employee turnover: When employees are satisfied and happy with the service they are providing, it is less likely that they will leave the company.It helps in creating a good working environment: By focusing on employee satisfaction, companies can create a better working environment, which can lead to increased productivity and better quality service.The internal marketing concept is therefore seen as a key element of successful service organization management and customer relationship management strategies.
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