when managers focus on distinguishing the organizations products from those of competitors on one or more important dimessions such as quality or after sales service and support, this is considered a ___ startegy

Answers

Answer 1

Answer:

Differentiation strategy, is the right answer.

Explanation:

In Bussiness studies, a differentiation strategy is a method of developing the business by providing the customers with something different or unique from the items offered by their competitors in the marketplace. The increase in the competitive advantage is the main objective behind implementing a differentiation strategy. By analyzing its strengths, weaknesses, the needs of customers and the prices they can provide, a business can accomplish this.


Related Questions

In 1945, an African American family tries to purchase a home in a White neighborhood, but realtors and mortgage lenders refused to facilitate their purchase. This practice is an example of ______.

Answers

Answer:

The correct answer will be "Redlining".

Explanation:

Redlining seems to be the technique of refusing, or paying more than that for, service providers including certain banking, affordable healthcare, and perhaps even convenience stores, or refusing jobs especially to people, particularly disproportionately influenced communities.In commercial property, it would be a discriminatory activity, especially when it involves investors who refuse to offer extra income and perhaps make payments to borrowers in many of these sections of the province.

So that given instance is an example of "Redlining".

In the "Case Nugget," Ziva Jewelry Inc., v. Car Wash Headquarters Inc., the plaintiff left his car and keys with a car wash employee and a thief drove off with the car, abandoning it unharmed after stealing jewelry valued at over $800,000 from the car's trunk. What was the final holding of the court in this case

Answers

Answer:

That the car wash was not liable to the plaintiff because the car wash employees had no notice they were taking responsibility for so much jewelry.

Explanation:

The case of Ziva Jewelry Inc., v. Car Wash Headquarters Inc involved a salesperson Stewart who locked jewellery in his car and took it to the car wash.

He did not disclose that there was expensive jewelry in the car.

The attendant finished washing the car and signalled to Stewart that his car was ready and walked away from the car.

Before Stewart could pay the bill someone had taken the car. Although the police recovered the car the jewellery was stolen.

Zeva Jewellry filed a motion against the car wash that they did not excercise due care in returning the vehicle.

In this instance the car wash was not liable because Stewart did not disclose there was expensive jewelry in the car.

Also the attendant had finished with his car and informed him of this. So it was out of their care when the car theft occured

Coercive power is the Multiple Choice power exercised by use of fear of punishment for errors of omission or commission by employees. power of persuasion exercised by a charismatic leader to get compliance from reluctant subordinates. arises from manager access, control, and distribution of information that is not freely available to everyone in an organization. ability of the leader or manager to confer rewards for positive behaviors or outcomes.

Answers

Answer:

power exercised by use of fear of punishment for errors of omission or commission by employees.

Explanation:

Coercive power is characterized because the use of force to get a worker to obey an order or command, where control comes from one's right to threaten the employee for non - adherence. Like that this power is in place when a person worked an order in fear of losing their job or their benefits package.

Answer:

the power exercised by use of fear of punishment for errors of omission or commission by employees

Explanation:

In simple words, Coercive control is characterised as the utilization of coercion to compel an individual to obey a directive or command, whereby power derives with one's right to discipline the worker for violations. Of instance, this control is in place when an individual performs an instruction in fear of being attacked or their signing income.

Thus, from the above we can conclude that the correct option is A.

Morton Company began operations on January 1, 2019. The company has the following items included in its stockholders’ equity section of the balance sheet on December 31, 2020: 6% Preferred stock, $100 par, 100,000 shares authorized, 25,000 shares issued and outstanding $2,500,000 Common stock, $3 par, 500,000 share authorized; 150,000 shares issued and outstanding 450,000 Additional paid-in capital 2,250,000 Total dividends for 2019 & 2020 were: During 2019, Dividends not paid During 2020, Dividends Declared and paid $160,000 If Morton Company’s preferred stock was noncumulative, how much of the 2020 dividends would have been distributed to preferred and common stockholders?

Answers

Answer:

Preferred dividend = $150,000

Common Dividend = $10,000

Explanation:

Given the following :

Number of shares issued and outstanding = 25,000

Par value = $100

Dividend rate on Preffered stock = 6%

2019 Dividend = Not paid

2020 Dividend = $160,000 declared and paid

If preferred Dividend was non-cummulative:

Value of Preferred dividend = (Preffered shares issued and outstanding * par value * preferred dividend rate)

Value of preferred dividend = (25,000 * $100 * 0.06) = $150,000

Common dividend = (Total Dividend declared and paid - value of preferred dividend)

Value of Common Dividend = ( $160,000 - 150,000) = $10,000

Preferred dividend = $150,000

Common Dividend = $10,000

Danny’s boss is apathetic as to whether Danny works at home, at the office, or from his beach house. All he cares about is that the project is completed on time, on budget, and with exemplary quality. Which characteristic of organizational culture describes this aspect of Danny’s job?

Answers

The question is incomplete:

Danny’s boss is apathetic as to whether Danny works at home, at the office, or from his beach house. All he cares about is that the project is completed on time, on budget, and with exemplary quality. Which characteristic of organizational culture describes this aspect of Danny’s job?

A) low risk taking

B) high outcome orientation

C) high attention to detail

D) low aggressiveness

E) high stability

Answer:

B) high outcome orientation

Explanation:

-Low risk taking  is when coservative decisions are made to avoid a high possibility of losing everything.

-High outcome orientation is when a business has high expectations and is focus on having good results.

-High attention to detail  is when companies want their employees to focus on precision and attention to detail.

-Low aggressiveness  is when people are not competitive.

-High stability is when the activities are focused on maintaining the existing structure.

According to this, the answer is that the characteristic of organizational culture that describes this aspect of Danny's job is high outcome orientation because his boss is focused on getting good results.


List 5 motives for the construction of various media?​

Answers

Answer and Explanation:

For the construction of various media, the five motives are as follows

1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,

2. Sharing the news of the company:  Post the news of the company to various social media so that the public at large get attracted towards it

3. Voice opinion: Voice opinion also matters for establishing the several medias

4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner

5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services

Media is the plural word of the medium that is the means of communication. The news channels, radios, magazines, and many other social things are communicated to the general public by means of media only. The media covers the speech or the incident and lets it known to the general public at no time.

The five motives for the construction of social media are:  

1. Developing and making connections: For motivating social media there is a need to establish connections and suing those conections new connections can be made.  

2. Sharing the company's reviews:  After the company gets its name on social media, it gets famous among a group of people at no more time.  

3. Voice opinion: Voice opinion also matters for interacting the several medias

4. People's opinion of the company: Customer satisfaction is the utmost priority of the company so that the company could able to know what changes are required in the product to deliver it in the most satisfactory form.  

5. Interaction with employees: Communication with the employees also matters as the employees could deliver their idea to better the company's services.

To know more about the construction of the various media, refer to the link below:

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Suppose you are looking at the 2006 results of how the Echo generation classified specified items as either luxuries or necessities. Do you expect the results to reflect how the Echo generation would classify items in 2020? Explain. No, many luxury brands will no longer exist in 2020, and will thus be unavailable for purchase. Newer luxury brands will dominate the lists. Yes, people's ideas of luxuries or necessities rarely change. No, the generation will have aged by 14 years and their perception of items as necessities or luxuries might well have changed by then. Yes, though the generation will have aged by 14 years, their perception of items as necessities or luxuries will not have changed by then. Yes, the costs of luxuries or necessities doesn't change that much with time, so they would still be considered luxuries or necessities in 2020.

Answers

Answer:

No, the generation will have aged by 14 years and their perception of items as necessities or luxuries might well have changed by then.

Explanation:

In this the individual perception important. That means if the person considered the necessity so it would not be the necessity after the age of 14 years and if the person considered the luxury so the necessity would be considered for the same person after the age of 14 years

So the necessity and the luxury would be changed as per the perception

Therefore the answer is no.

If throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called Unearned Legal Fees, the end-of-period adjusting entry to record the portion of those fees that has been earned is

Answers

Answer:

e. Debit Unearned Legal Fees and credit Legal Fees Earned.

Explanation:

As we know that unearned legal fees contain a credit balance as it is a liability

Now if the portion of an unearned legal fees is earned so the portion of it would be debited and on the other side the legal fees is credited

The journal entry is shown below:

Unearned legal fees Dr XXXXX

               To Legal fees earned  XXXXX

(Being the adjusting entry is passed)

Hence, the correct option is e.

ABC issues $10 million in bonds on January 1, 2018. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/2018 $8,640,967 6/30/2018 $300,000 $345,639 $45,639 8,686,606 12/31/2018 300,000 347,464 47,464 8,734,070 6/30/2019 300,000 349,363 49,363 8,783,433 12/31/2019 300,000 351,337 51,337 8,834,770 What is the stated annual rate of interest on the bonds? (Hint: Be sure to provide the annual rate rather than the six month rate. (round to nearest whole percentage, just put in the number with no %)

Answers

Answer:

6%

Explanation:

Calculation of the stated annual rate of interest on the bonds

Using this formula

Annual rate of interest = (Cash paid /Bonds Amount)× 2 payments per year

Where,

Cash paid=$300,000

Bonds amount =$10,000,000

Let plug in the formula

Annual rate of interest=($300,000/$10,000,000) × 2 payments per year

Annual rate of interest= 0.03×2 payments per year =6%

Note the 2 payment per year is June 30 and December 31

Therefore stated annual rate of interest on the bonds will be 6%

" One of the difficulties in measuring the effectiveness of IMC efforts is the _______________, where consumers do not act immediately after receiving a marketing communication. Group of answer choices"

Answers

Answer:

lagged effect

Explanation:

Integrated marketing communication is one that involves the use of all form of communication to obtain a more effective promotion by a company.

The use of combination of promotion tools gives a better effect than each one in isolation.

A major difficulty in measuring IMC is the lagging effect.

Lagging effect is the difference in time between when marketing effort is made and when customers respond to these efforts.

For example consumers do not act immediately after receiving a marketing communication.

Answer the question on the basis of the following information. A farmer who has fixed amounts of land and capital finds that total product is 24 for the first worker hired; 32 when two workers are hired; 37 when three are hired; and 40 when four are hired. The farmer's product sells for $3 per unit and the wage rate is $13 per worker. Refer to the given information. The marginal revenue product of the second worker is:

Answers

Answer: $24

Explanation:

Given the following :

Total product for first worker hired = 24

Total product when two workers are hired = 32

Product price = $3 per unit

The marginal revenue product of a worker is equal to the product of the marginal product of labor (MPL) and the marginal revenue (MR) of output.

Marginal revenue product of second worker:

The marginal product of labor :

Change in output when additional labor is added

Therefore, change in product when worker increases from one to two workers ;

32 - 24 = 8 products

Marginal product of labor * product price

8 * $3 = $24

. In one year, Hitech Microdevices will pay a common stock dividend of $4.35. You predict that you will be able to sell your Hitech stock for $57 per share after 1 year. If you require a rate of return of 16 percent on Hitech stock, how much would you be willing to pay now for a share of the stock?

Answers

Answer:

$52.89

Explanation:

To calculate the present value of a stock, we use the formula,

D + E

(1 + R)^Y

where, D = expected dividend, $4.35

           E = expected stock price, $57

           R = real rate of return, 16% or 0.16

           Y = Number of years, 1

we have,

$4.35 + $57

(1 + 0,16) ^1     = $61.35 ÷ 1.16

                      = $52.887 ≈ $52.89.

The present value of the stock is  $52.89.

Cheers.

In terms of the global marketplace, there are three primary types of companies: international firms, multinational firms, and transnational firms. The key factor that distinguishes one from another is

Answers

Answer: the firm's orientation toward and strategy for global markets and marketing.

Explanation:

The options to the question are:

A. the firm's financial capacity to take risks.

B. the willingness and ability to embrace diversity.

C. the firm's orientation toward and strategy for global markets and marketing.

D. the relative position of the product or service in terms of its life cycle.

E. the relative size of the firm both in financial terms and in production capacity.

International firms are the firms that have their headquarter in a particular country but still maintain vital investments outside that particular country.

A multinational company is a company that has factories in different parts of the world but has centralized head office. The centralized head office handles the global management.

A transnational firm is a firm that does business in several countries and does not consider any country its home.

The key factor that distinguishes one from another is the firm's orientation toward and strategy for global markets and marketing.

Production and sales estimates for March for the Streamline Systems Co. are as follows: Estimated inventory (units), March 1 17,500 Desired inventory (unit), March 31 20,300 Expected sales volume (units) 35,000 Unit sales price $15 a.35,000 b.37,800 c.20,300 d.17,500

Answers

Answer:

b.37,800

Explanation:

The computation of the number of units expected to be manufactured is shown below:-

Number of units expected to be manufactured = Sales + Ending inventory - Beginning inventory

= 35,000 + 20,300 - 17,500

= 37,800 units

Therefore for computing the number of units expected to be manufactured we simply applied the above formula.

XYZ Company As a manager of XYZ Company, you are assigned to resolve a conflict between two departments of your organization, Department A and Department B. Both parties have equal power. Both parties are under time pressure to resolve the conflict. You also realize that the parties lack trust/openness for problem solving. Which conflict resolution style would you use in this situation?

Answers

Answer: I would use Compromising conflict resolution style

Explanation:

Since Both of the parties have equal power,lack trust/openness for problem solving

and they are both under time pressure to resolve the conflict which means as a manager I would use COMPROMISING CONFLICT RESOLUTION STYLE reason been that this type of conflict resolution style would enable me find a solution that will partially please both of the parties and to help encourage both of the parties involve in the conflict to give in some points about the conflict which will inturn help me to balance the needs of both of the parties.

Although the use of debt provides tax benefits to the firm, debt also puts pressure on the firm to: I) meet interest and principal payments, which if not met can put the company into financial distress; II) make dividend payments, which if not met can put the company into financial distress; III) meet both interest and dividend payments, which when met increase the firm cash flow; IV) meet increased tax payments, thereby increasing firm value

Answers

Answer:

I) meet interest and principal payments, which if not met can put the company into financial distress

Explanation:

Among the given options the first option is correct with respect to pressure on the firm as if the payment of debt is not given so the chances of liquidation of the firm are high that comes under the bankruptcy

So while taking the debt we need to pay the interest and principal payments so that the chances of the liquidation would be less

hence, the first option is correct

Your manager is not happy with the symbol chairman and changes it to chair. The manager is demonstrating that language can be metaphorical. can be regulative. can be gender-inclusive. can clarify meaning. can express commonalities.

Answers

The correct answer is C. Can be gender-inclusive

Explanation:

Language is gender-inclusive if words do not exclude a particular sex or gender. For example, the word "mankind" used to refer to human species is considered as non-inclusive because it can be interpreted as an exclusion of women. In this context, if the manager changes "chairman" by "chair" the manager is showing language can be gender-inclusive because the manager changed the term to make it general and avoid the exclusion of women.

Nancy sold three capital assets that were held for investment. She sold stock in ABC Corporation for a gain of $10,000; stock in XYZ Corporation for a gain of $2,000; and corporate bonds for a loss of $20,000. Assuming all of the investments had a long-term holding period, how will the transactions be treated for tax purposes

Answers

Answer:

D) $3,000 deduction against ordinary income with a $5,000 capital loss carried forward to offset income for next year

Explanation:

Note: This question is not complete as it does not include the options. The complete question is therefore presented before answering the questions follows:

Nancy sold three capital assets that were held for investment. She sold stock in ABC Corporation for a gain of $10,000; stock in XYZ Corporation for a gain of $2,000; and corporate bonds for a loss of $20,000. Assuming all of the investments had a long-term holding period, how will the transactions be treated for tax purposes?

A) Gain of $12,000 taxed at 15% and a loss of $20,000 deductible against ordinary income

B) Net loss of $8,000 that is fully deductible against ordinary income in the current year

C) Net loss of $8,000 that results in no deduction in the current year, but can be carried forward to offset capital gains for the next year

D) $3,000 deduction against ordinary income with a $5,000 capital loss carried forward to offset income for next year

The explanation to the answer is therefore presented as follows:

The first step is to compute the net capital gain (loss) is as follows:

Particulars                                                                            $  

Gain from the sale of stock in ABC Corporation          10,000

Gain from the sale of stock in XYZ Corporation            2,000

Loss from the sale of corporate bonds                      (20,000)  

Net capital gain (loss)                                                   (8,000)  

In the US, individuals are allowed to use up to $3,000 to reduce their taxable income in the first year of the loss, while the remaining capital losses will be carried over to the next years.

From the net capital gain computed above, the correct option is D. That is, the $8,000 loss will be treated for tax purposes as a $3,000 deduction against ordinary income in the current year with the remaining $5,000 capital loss carried forward to offset income for next year.

(n) ____________ consists of the marketing intermediaries that transport and store goods as they move through their path from producer to final user.hat assist in the movement of goods and services from producer to industrial and consumer users are known as

Answers

Answer:

Channel of distribution

Explanation:

Channel of distribution consists of the marketing intermediaries that transport and store goods as they move through their part from the producer to final user.These channels include the distributors , wholesalers ,retailers and the internet.

The main purpose of the channel of distribution is to connect production to consumption and also to create time , place and possession utilities which constitutes the added value of production.

Sonia, a manager at an advertising agency, prepares a report to record the work completed so far and the work remaining on her new project. Her report further analyzes the quality of the work and recommends specific restructuring to the project. Sonia has prepared a(n) _____.

Answers

Answer:

Interim Report

Explanation:

In the scenario being described, it can be said that Sonia has prepared an Interim Report. This is a financial statement that is reported by a firm for a specific period, usually in a semiannually, quarterly or even monthly basis, which is then reviewed by the company's internal auditors, in order to analyze and determine if changes need to be made to the project/firm in order to make everything more efficient and more profitable.

what do firms get from households ​

Answers

Answer:

Households supply labor to firms and are paid wages in return. Firms use that labor to produce pizzas and sell those pizzas to households. There is a flow of goods (pizzas) from firms to households and a flow of labor services (worker hours) from households to firms.

Explanation:

A non-discriminating monopolist will find that marginal revenue:
A. Exceeds average revenue or price
B. Is identical to price
C. Is sometimes greater and sometimes less than price
D. Is less than average revenue or price

Answers

Answer:

is less than average revenue or price

Assume a firm's resources and capabilities are costly to imitate. This is because rival companies do not clearly understand the relationship between the resources and capabilities controlled by the firm. In this case, the firm's competitive advantage is protected against imitation by causal ambiguity. dependence complexity. social complexity. path dependence.

Answers

Answer:

Option A (Causal ambiguity) is the correct choice.

Explanation:

Causal ambiguity seems to be the circumstance in which it would be difficult to properly link the results or potential impact of some kind of occurrence including its initial values as well as triggers in strategic decisions and therefore in the formulation of strategy.A category of instruments used throughout economic analysis to assess the competitive advantage of a firm is very much at its fingertips.

The other given choice are not related to the given instance. So that option would be the appropriate choice.

In this case, the firm's competitive advantage is protected against imitation by causal ambiguity. Thus, option C is appropriate.

According to Einhorn and Hogarth (1986), causal ambiguity is a state of uncertainty that includes a lack of understanding and knowledge. However, performance turns into a matter of luck rather than strategy if no one within or outside of an organization is aware of the causal relationships between resources, activities, and outcomes.

A lack of comprehension of resource-competitive advantage cause-and-effect connections is referred to as causal ambiguity. Imitability is constrained by causal ambiguity.

Causal ambiguity simply means that it's not quite evident where your benefit came from.

Thus, option C is correct.

Learn more about the Causal ambiguity here:

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Q 9.17: Martha Beyerlein Company incurred $150,000 of research and development costs in its laboratory to develop a patent granted on January 2nd, 2017. On July 31st, 2017, Beyerlein paid $35,000 for legal fees in a successful defense of the patent. The total amount debited to Patents through July 31st, 2017, should be

Answers

Answer:

$35,000

Explanation:

The computation of the total amount debited to patent is shown below:

The Patent refers to the intellectual property in which the person has the right to stop the other people by using or making their creation

Here the $150,000 is spent on the research and development while the $35,000 is spent on legal fees

So the total amount debited should be $35,000 only so that the patent could be obtained

Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to

Answers

Answer:

Predetermined manufacturing overhead rate= $12.1 per direct labor hour

Explanation:

Giving the following information:

Estimated total fixed manufacturing overhead= $121,000

Estimated direct labor hours= 10,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 121,000/10,000

Predetermined manufacturing overhead rate= $12.1 per direct labor hour

____________ tend to focus on the logical soundness and preciseness of ideas, rather than the ideas’ practical values; they tend to work in research and planning units.
A. Convergers
B. Divergers
C. Assimilators
D. Accomodators

Answers

Answer:Assimilitors

Explanation:

The assimilators are the individuals who depend on the reflective observation and conceptualization on abstracts.

These are the set of individuals who seems to more concerned about the abstract ideas and concepts rather than concerned about about other people. The assimilators also focus on how precise and logically sound an idea is, rather than focusing on the practical values of the ideas. .

What term refers to the fit between a person’s abilities and the demands of the job and the fit between a person’s desires and motivations and the attributes and rewards of a job? A. manager-employee fit B. occupation-group fit C. person-job fit D. employee-environment fit

Answers

Answer:

person-job fit

Explanation:

This fit is called the person-job fit. This is a concept which details how well an a person or an employee is suitable for the position who which he or she is applying for or employed. employees who are the best fit for their positions should be hired because they help a firm to reduce turnover rate. Person job fit, increases organizational commitment, and also employee would experience more job satisfaction.

Belinda uses online banking everyday for her small business transactions. One day, as she opens the browser and clicks on the bookmark link for her bank's website, she notices that some very slight changes have been made to the site. She wonders if they are sprucing it up a bit, because it hasn't changed in a while. A few days later, her company ledger is in total disarray. Which of the following has most likely caused this disarray?
a. She is a victim of radio frequency identification.
b. She probably visited a pharming site and didn't know it.
c. She must have segregated her spam mails without opening them.
d. She is probably the victim of spyware.

Answers

Answer: She probably visited a pharming site and didn't know it.

Explanation:

Based on the scenario that has been explained in the question, we can say that Belinda probably visited a pharming site and didn't know it.

Pharming is an online fraud which involves the use of fraudulent websites and malicious code by fraudsters. The cybercriminals put the malicious code on ones and with the code, one will be redirected to a bogus websites without the person even knowing or being aware.

In 2007, Joelle spent $5,000 on her health care. If this amount increased by 6 percent per year, what would be the amount Joelle spent in 2017 for the same health care? Hint: Use Exhibit 1-A. (Round FV factor to 3 decimal places and final answer to the nearest whole dollar.)

Answers

Answer: $8954.24

Explanation:

Given the following :

Amount spent by Joelle on Healthcare in 2007 = $5000

Healthcare cost increases by 6% yearly ;

Amount spent on Healthcare in 2017 =?

Number of years between 2007 - 2017 = 10 years

6% yearly increase for 10 years :

The future value (FV) factor = (1 + r) ^n

Where r = rate = 0.06 ; n = period = 10 years

FV factor = (1 + 0.06)^10

FV factor = 1.79084

Therefore, Amount in 2017 equals ;

Amount in 2007 × FV factor

$5000 × 1.79084

= $8954.24

Consider an economy made up of 100 people who are sixteen years of age and older, 60 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The number of people in the labor force is _____.

Answers

Answer:

Labor force= 70

Explanation:

Giving the following information:

Consider an economy made up of 100 people:

60 of whom hold jobs

10 of whom are looking for work

15 of whom are retired

The labor force is the number of people of age 16 or more that are working or actively looking for one.

Labor force= 60 + 10

Labor force= 70

Other Questions
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