Innovations entails a process of balancing various engineering, manufacturing, marketing, and economic considerations to develop a product’s form and features or a service’s features.
What is innovation?Innovation is the implementation of thoughts in a way that results in the creation of innovation or enhances the delivery of existing ones. "A new or changed entity realizing or redistributing value" is the definition of innovation. Others have different definitions, but they all place an emphasis on the novelty, development, and dissemination of concepts or technologies.
Innovation frequently occurs as a result of the creation of more efficient goods, procedures, services, technology, works of art, or marketing strategies that innovators render available to consumers, governments, and society. Innovation and invention are interrelated, but they are not the same thing. Innovation is more likely to entail the direct implementation of an invention, and not all innovations necessitate the development of new invention.
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A _____ is a single-flow process that is used for high-volume nondiscrete, standardized products.
A Continous Process is a single-flow process that is used for high-volume non-discrete, standardized products. The continuous flow process is a method where goods are continuously produced at a single facility utilizing a single process without any downtime. Pharmaceutical tablet production lines use batch manufacturing, which involves creating tablets in numerous processes in groups.
Why continuous process is better than a batch process?A continuous flow, or one that isn't paused by the completion of individual batches, is undoubtedly more effective in some situations. Processing in this way can result in less waste, more inventory produced in a shorter amount of time, and better client needs adaptation.
Continuous production is another name for flow production. It makes it possible to produce a product on an assembly line in several steps. The continual flow of goods through the production process serves as its defining characteristic. In this production process, large quantities of the same commodities are continuously manufactured.
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_____ refers to the extent to which people have positive experiences and can secure the good things in life because they have economic resources
Life chances refer to the extent to which people have positive experiences and can secure the good things in life because they have economic resources
the question is incomplete .please read below to find the missing content
Which of the following terms refers to how people have positive experiences and can secure the good things in life because they have economic resources?
Economics studies scarcity and its effects on the use of resources, the production of goods and services, the growth of output and wealth over time, and many other complex issues important to society.
The standard definition of economics can be described as: A social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. Going further, we can say that economics studies scarcity and choice.
The economy plays a role in our daily lives. The study of economics allows us to understand past, future, and present models and apply them to societies, governments, businesses, and individuals.
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________ relates to protecting employees from internal and external security risks.
Security is the protection from internal and external security risk to the employees.
Managing security and safety in the workplace entails taking responsibility for human resources. Management is responsible for protecting employees from risky and unanticipated events. Supervisors must guarantee that employees are working in a safe and secure environment so that they may work freely.
External threats are usually malevolent, with the aim of interrupting service, damage, and theft. Employee safety is the provision of a safe working environment for employees via the use of safe equipment and processes in the workplace to ensure worker safety.
Therefore, the answer is security.
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Question 1 (Multiple Choice Worth 4 points)
(01.08 MC)
Why might people choose a traditional savings account over other more aggressive savings plans?
O They fear the potential for identity theft.
They have a high risk tolerance for investing.
O They want to grow their money at a fast rate.
O They need to be able to withdraw funds at any time.
Answer:
D. They need to be able to withdraw funds at any time.
Explanation:
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What is the profit-maximizing quantity of output for this pure monopoly?
The level of output that maximizes a monopoly's profit is when the marginal cost equals the marginal revenue.
Marginal revenue is a central concept in microeconomics and represents the total additional income generated by increasing the sales of a product by one unit. Deriving the value of marginal revenue involves scoring the difference in total benefits accruing to the firm from the number of goods and services obtained in the previous and current period as the rate of production increases. Marginal returns, along with marginal costs to consider, are fundamental tools for economic decision-making in a business environment.
In a perfectly competitive market, the additional revenue realized by selling additional units of goods is the price a firm can charge to the purchaser of the goods. This is because, in a highly competitive market, a company's sales never affect industry prices, so a company always gets the same price for each unit sold, regardless of the number of units sold.
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The manager of a supermarket would like to know which of several quality problems to address a tool that would be most helpful would be a: _________
The manager of a supermarket would like to know which of several quality problems to address a tool that would be most helpful would be a Pareto chart.
A Pareto chart is a form of a graph with both bars and a line graph, where the bars reflect individual values in descending order and the line the cumulative total. The chart is called after the Pareto principle, which takes its name from renowned Italian economist Vilfredo Pareto.
The Pareto chart's goal is to draw attention to the most significant among a group of (usually several) components. Pareto charts can be used in quality control to identify the flaws that need to be fixed first in order to see the biggest overall improvement.
It frequently reflects the most frequent causes of faults, the most prevalent kind of defect, the most common causes of customer complaints, and so forth. For each bar in the Pareto chart, Wilkinson (2006) developed a method that generates statistically based acceptability limits (akin to confidence intervals).
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How does having a menu that is uniform around the country provide mcdonald's with economies of scale? how is menu planning made more complex by expanding into other countries?
Yes, a uniform menu allows for centralized planning and distribution without having to many different factories/suppliers.
Menu:
If the food menu is consistent, it can be said that economies of scale would be in effect. This is due to the fact that the fixed cost per unit actually gets to decrease, which then leads to a decrease in the average cost of production per unit as the sales volume keeps on increasing, giving the company a cost advantage and resulting in economies of scale. However, when extending to other nations, the menu planning becomes more difficult because local preferences and cultural norms vary widely. For example, beef is not allowed in India, thus the menu must be designed accordingly.McDonald's benefits from economies of scale since customers can place larger orders to reduce the price of their food when there is a standard menu across the nation. The more of a good is produced, the lower the per-unit fixed cost is since these expenses are spread across a larger number of goods, according to Investopedia. Additionally, everywhere you travel in the nation, people are aware of what is on their menu.Learn more about menu here brainly.com/question/24068570
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Accenture is involved in the transformation of an organization into a data-driven and intelligent enterprise. which ability does accenture need to ensure the organization has to become a successful business?
To gather, re-organize, and store different categories of all raw data for easy and faster retrieval to capture, curate, and consume the right data sets
What is data?In the pursuit of knowledge, data is a collection of discrete pieces of information in a conceptual model that convey quantity, quality, fact, statistics, or other basic units of meaning in their most basic forms. A datum is a single item in a collection of data.
There are two forms of data: qualitative and quantitative data, which are further divided into four categories: nominal, ordinal, discrete, and continuous data.
A data dashboard is a tool used by businesses to track, analyze, and display data, typically to acquire a better understanding of the general health of the organization, a department, or even a specific procedure.
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A sales invoice included the following information: merchandise price, $12,400; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,200 added to the invoice. Assuming that a credit for merchandise returned of $900 is granted prior to payment and the invoice is paid within the discount period, what is the amount of cash that should be received by the seller
$12,700 is the cash received by the seller.
Calculation:
merchandise price $12,400 + freight $1,200 - credit return $900
= $12,700
The Cash (currency or coins) is legal tender that can be used to the exchange goods, debt, or services. It may also include the value of assets that can be quickly converted into cash, as reported by a company. A seller is any person or company who sells a product, service, or financial asset. Short selling is the practice of borrowing securities that are not owned in order to sell them and then repurchase them at a lower price.
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Health insurance that provides payments to the insured in the event that the insured's income is interrupted by illness, sickness, or accident is called ________ insurance
LIFE INSURANCE.
Health insurance that provides payments to the insured in the event that the insured's income is interrupted by illness, sickness, or accident.
The term has a benefit of bearer being secured due to accidental sickness or death. it has certain obligations where uninterrupted payment of installments is to be done within specified period of time and the insured get the amount at the time of event that are been insured if happens.
Life survivors take care of the beneficiaries, financial event of sickness or emergency and atleast the income will not interrupt and can provide best of all treatments without any payment delays.
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According to the author, what is one way that a person can avoid becoming a victim of identity theft? a. by refusing to use passwords on internet websites b. by removing mail quickly from his or her mailbox c. by speaking with the police about identity theft protection d. by paying crime fighters, inc., to make identity theft impossible
Answer:According to the author, what is one way that a person can avoid becoming a victim of identity theft?A. by refusing to use passwords on Internet websites B. by removing mail quickly from his or her mailbox C. by speaking with the police about identity theft protection D. by paying Crime Fighters, Inc., to make identity theft impossible
Explanation:
One manner that someone can avoid becoming a sufferer of identity theft is A) by means of refusing to use passwords on net websites
Passwords may be stolen through malware equipped with key logger components. “someone trying your password can get hold of this form of software very easily,” says Sundh. If a password gets into the incorrect palms, unauthorized people can get the right of entry to the carrier and its statistics without all people noticing.
A brand new document from AhnLab ASEC proves the opposite—storing passwords in your browser leaves you pretty vulnerable to hackers, even in case you use particular passwords for every one of your accounts.
This normally occurs while a consumer has adjusted the safety settings on their browser. In Chrome, navigate to the superior settings. check 'allow neighborhood records to be set', and uncheck 'Block third-party cookies and location facts'.
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Once a corrective action plan is started, the corrective action plan must be monitored annually to ensure they are effective. True or false?.
Once a corrective action plan is started, the corrective action plan must be monitored annually to ensure they are effective this statement is false.
What is corrective action plan?A corrective action plan is a piece of writing used in quality management that specifies a series of measures for fixing problems and holes in organizational structures and procedures that could have a detrimental effect on the bottom line. It outlines the process for resolving a problem that prevents the firm from achieving its goals.What does a corrective action plan look like in practice?A corrective action plan's first component is identifying the issue. For instance, a buyer may complain to an online clothes company that they received a defective item. You can identify possible answers by comprehending the problem the firm is facing.Learn more about corrective action plan here:
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Which form of business organization is established as a separate legal entity? multiple choice sole proprietorship partnership corporation none of these
Business organization that is established as a separate legal entity is the corporation.
A corporation is a business organization which is established by a group of people. The founders of the corporation combine their resources to start the business with motive of profit. As a form of business ownership, a corporation is a separate and distinct entity from the founders.
After registration, a corporation acquires the right to engage in business transactions, get its own properties, hiring of employees, acquire assets, and incur debts.
The corporation is always treated as a legal person. The law protects the properties of shareholders from being interfered with should the corporation fail to protect its obligations.
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Identify whether each scenario is a characteristic or an example of a stock or bond
The main difference between selling stock or bond is that, a selling stock gives away some ownership of the company with no other obligations. A bond on the other hand requires you to pay the principal with interest when it matures.
The selling stock in a market will give you a partial ownership in a corporation, while bonds are a considered as a loan from you to a company or government.
The biggest difference between selling stock and bond is how they generate profit. For instance, the stocks must appreciate in value and be sold later in the stock market, while most bonds pay fixed interest over time.
Hence, stocks and bonds differ.
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A good source for the practitioner to gain an understanding of unfamiliar areas of the tax law is through?
A good source for the practitioner to gain an understanding of unfamiliar areas of the tax law is a tax treatise.
Tax law or sales law is a place of prison study in which public or sanctioned authorities, such as federal, country, and municipal governments (as within the case of us) use a body of policies and strategies (laws) to assess and collect taxes in a legal context.
In broader terms, there are two forms of tax law namely, direct taxes and oblique taxes. The implementation of each tax differs. You pay a number of them immediately, like the cringed income tax, corporate tax, wealth tax, etc., even as you pay a number of the taxes not directly, like sales tax, provider tax, price added tax, and so forth.
Tax law or sales law is an area of prison study in which public or sanctioned governments, along with federal, kingdom, and municipal governments use a frame of policies and techniques to evaluate and accumulate taxes in a legal context.
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Prior to taylor, managers were owners or appointed by the owners with no role beyond oversight. taylor said managers had responsibilities such as?
Taylor said managers had responsibilities such as optimizing the work process and training employees to follow it.
Who was Taylor?Winslow, Frederick Taylor was a mechanical engineer from the United States. He was well-known for his techniques for increasing industrial efficiency. He was a pioneer in the field of management consulting. Taylor summarized his efficiency tactics in his book The Principles of Scientific Management, which was chosen the most significant management book of the twentieth century by Fellows of the Academy of Management in 2001. His pioneering work in bringing engineering principles to factory floor operations was critical in the formation and growth of the engineering field now known as industrial engineering. Taylor built his name and was most proud of his work in scientific management; yet, he gained his fortune by patenting advances to the steel-processing industry. As a result, scientific management is also known as Taylorism.
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Social security pays $0. 90/dollar for your first $826 in earnings, $0. 32/dollar for the next $4154 in earnings, and only $0. 15/dollar for additional earnings. why do you think it’s set up this way?
Social Security benefits are typically computed using "average indexed monthly earnings."
What is the Social Security bonus trick?That's a myth: 62 is the earliest age you can claim your benefit, but it's not the only age to do so.
Waiting to claim Social Security after age 62 comes with a bonus: roughly 8% additional monthly income per year for each year you delay claiming (up to age 70).
What is the lowest Social Security monthly benefit?The first full special minimum PIA in 1973 was $170 per month.
Beginning in 1979, its value has increased with price growth and is $886 per month in 2020.
The number of beneficiaries receiving the special minimum PIA has declined from about 200,000 in the early 1990s to about 32,100 in 2019.
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A beneficiary receives only the death benefit earnings in which settlement option Interest option.
An interest rate option is a financial derivative that allows the holder to profit from changes in interest rates. Interest rate options allow investors to speculate about interest rate trends. It is similar to stock options and can be either a put or a call.
Interest rate call options are derivatives in which the holder has the right to receive interest payments based on a floating rate and then pay interest payments based on a fixed rate. Interest Rate Option Fee
This is the daily fee for certain index interest rate options that are guaranteed to remain unchanged for managed index interest rate options and passive index interest rate options.
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What is the rate of return on a bond with a coupon of $38 payable in one year that was purchased for $950 and sold one year later for $931?
2% is the rate of return on a bond with a coupon of $38 payable in one year that was purchased for $950 and sold one year later for $931.
How do bonds make you money?
Bonds can be profitable for investors in two different ways. Direct bond purchases are made by private investors with the intention of holding them till maturity and profiting from the income they accrue. Additionally, they could invest in a bond mutual fund or bond ETF (ETF). The interest plus appreciation divided by the initial bond price, stated as a percentage, is used to calculate the rate of return.
What is rate of return on a bond?
If you've owned a bond for a long time, you may wish to figure out its annual percent return, which is the percent return divided by the number of years you've owned the investment. For instance, the return on a $1,000 bond kept for three years with a $145 return is 14.5 percent, yet the yearly return is only 4.83 percent.
How do you calculate the average return on a bond?
The interest plus appreciation divided by the initial bond price, stated as a percentage, is used to calculate the rate of return.
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A researcher has recorded that, in the classroom, girls are more likely than boys to ask questions during a lesson. this researcher most likely employed a(n) __________ research method.
A researcher has recorded that, in the classroom, girls are more likely than boys to ask questions during a lesson. this researcher most likely employed an observational research method.
A researcher is a person who conducts research. H. Organized and systematic study of the problem. Scientists are often called researchers.
Researchers typically work for academic institutions or companies. Researchers collect data, analyze data, and publish results throughout the project lifecycle to support new research, enrich the scientific literature, and improve the decision-making process.
Good researchers are curious, talented, knowledgeable, determined, and know how to conduct and complete research projects. Research quality is assessed by experts through publication in quality journals, citations, TRIs, and h-indexes. Be open to criticism of your work. It's about your work, not you.
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Which one of the following is NOT an ethical norm as conceived by the American Marketing Association?
A.) embrace ethical values like honesty, responsibility, and fairness.
B.) Forster trust in the marketing system with fair dealing.
C.) consciously avoid harmful actions or omissions.
D.) attempt to learn what consumers both want and need.
The American Marketing Association does not conceive the ethical norm to consciously avoid harmful actions or omissions. Thus, option (C) is correct.
What is American Marketing Association?American Marketing association is the group of the people in the organization working as per ethical code of the conduct by building the relationship and increasing the confidence in the marketing.
It ensures the integrity of marketing by affirming these core values: honesty, responsibility, fairness, respect, transparency, and citizenship.
The American Marketing Association does not view the purposeful avoidance of unethical acts or omissions as a moral requirement.
Therefore, it can be concluded that option (C) is correct.
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Marshall is a purchasing agent for DigitoolArt Corporation. His duties require him to negotiate and execute contracts to purchase office supplies and equipment for the corporation. Assume that Bronson, a computer sales representative, pays Marshall a $20,000 kickback to purchase from him computers needed by DigitoolArt Corporation. What breach of the duty of loyalty has Marshall committed here
Making a secret profit is the breach of loyalty that Marshall can be said to have committed here.
What is a breach of loyalty?
This is the term that is used to refer to the fact that in a business arrangement one of the parties has done something that would not be beneficial to the other party as they seek to act or carry out the business that would favor them.
The breach that can be seen here is from the fact that the business was conducted without the agency that Marshall is working for. He acted outside of the Company's knowledge.
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The process through which a product or service takes root initially in simple applications at the bottom of a market and then moves up, eventually displacing established companies, is referred to as:_______
The process through which a product or service takes root initially in simple applications at the bottom of a market and then moves up, eventually displacing established companies, is referred to as Disruptive Innovation.
In a business idea, disruptive innovation is an innovation that creates a brand new market and price network or enters at the lowest of an existing market and in the end displaces established marketplace-leading companies, products, and alliances.
Disruptive innovation refers to using a generation that upsets a structure, instead of "disruptive technology", which refers back to the era itself. Amazon, launched as an online bookstall in the mid-Nineties, is an example of disruptive innovation.
Disruptive innovation is the manner by using which a smaller enterprise—normally with fewer sources—moves upmarket and demanding situations larger, hooked-up corporations.
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help please
The difference between economic and political freedom is that
A.
economic freedom allows for the private ownership of resources with the ability to exchange them, while political freedom implies that the government can own property and exchange it in the market system too.
B.
economic freedom allows for only public ownership of resources with the ability to exchange them while political freedom implies no government interference in the market place.
C.
economic freedom allows for the private ownership of resources with the ability to exchange them, while political freedom allows citizens to democratically select the nation's leaders.
D.
economic freedom allows for the private ownership of resources with the ability to exchange them, while political freedom implies no government interference in the market place.
Answer:C
Explanation:
Cadillac recognized it needed to revitalize its brand and attract different market segments. these are indications that cadillac's products were primarily in the ____ stage of the product life cycle.
Cadillac recognized it needed to revitalize its brand and attract different market segments. these are indications that cadillac's products were primarily in the Decline stage of the product life cycle.
A decline is a fall or descent and, in the product life cycle, the decline stage represents similar behavior for products. The decline stage in the product life cycle is when a product dissolves as a result of decreased or negative growth.
The introduction and growth stages provided the strength for the success of the product to this point, and with most products the decline stage is a result of lower demand, which ultimately results from new inventions and technology advancements.
For the company, profitability will decrease to a level at which it is no longer sensible to produce and distribute the product and production activities will cease.
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Variable costs as a percentage of sales for Lemon Inc. are 79%, current sales are $517,000, and fixed costs are $190,000. How much will operating income change if sales increase by $36,800
The change in operating income is $7,728.
What is the operating income?The net operating income is total revenue less direct and indirect expenses.
The net operating income = total revenue - variable expenses - fixed costs.
Initial operating income:
Revenue = sales = 517,000Variable cost = 0.79 x 517,000 = 408,430Fixed cost = 190,000Operating income = 517,000 - 408,430 - 190,000 = -81,430
New operating income:
Revenue = sales = 517,000 + 36,800 = 553,800Variable cost = 0.79 x 553,800 = 437,502Fixed cost = 190,000Operating income = 553,800 - 437,502 - 190,000 = $-73702
Change in operating income = $-73,702 - -81,430 = $7,728
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What are the considerations that a researcher should take into account when designing a questionnaire?
A good questionnaire should be valid, dependable, clear, concise, and engaging.
A questionnaire is distinguished by two primary goals. It must convert the information required by managers into a question format. Second, the questions must be written in a clear way that the respondents will understand and be willing to answer them.
Incomplete interviews rarely yield useful insights, so the researcher should strive to reduce respondent disengagement as much as possible. It is critical to design the questionnaire around a conceptual framework, examine each question for clear relevance and clarity, and consider the analysis you will conduct at the end of the day.
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Ads and more, an advertising agency, recently expanded their offices as their 3 year lease came to an end. which best describes ads and more’s situation as its new lease was signed?
Ads and More was able to change some of its fixed costs and are now under long-term conditions.
Advertising(Ads) is marketing communication that uses overtly sponsored, impersonal messages to promote or sell products, services, or ideas. Advertising sponsors are typically companies that want to promote their products and services.
Online advertising, also known as online marketing, internet advertising, digital advertising, or web advertising, is a form of marketing and advertising that uses the Internet to promote products and services that target audiences and platform users.
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Which type of password attack employs a list of pre-defined passwords that it tries against a login prompt or a local copy of a security accounts database?
Dictionary attack employs a list of pre-defined passwords that it tries against a login prompt or a local copy of a security accounts database.
A dictionary assault uses a preselected library of phrases and phrases to bet possible passwords. It operates underneath the idea that users have a tendency to drag from a primary listing of passwords, consisting of "password," "123abc" and "123456."
A brute force attack is a hacking method that makes use of trials and blunders to crack passwords, login credentials, and encryption keys. It's miles an easy yet reliable tactic for gaining unauthorized access to personal accounts and agencies' systems and networks.
A Password is a word, phrase, or string of characters supposed to distinguish a licensed consumer or system (for the purpose of allowing get right of entry) from an unauthorized consumer, or put some other manner a password is used to prove one's identity, or authorize access to a useful resource.
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Assume the sales mix consists of one unit of product x and one unit of product y. if the sales mix shifts to one unit of product x and two units of product y, then the breakeven point will ________
The breakeven point will increase ,when the sales mix shifts to one unit of product x and two units of product y. A product's actual sales mix % is calculated by dividing its actual sales by the sum of all sales of all items.
Sales mix is the percentage of a company's overall sales that come from just one product. The most frequent definition of sales mix is the share of a company's total sales that are attributable to a particular product.
The percentage of budgeted sales mix is calculated by dividing the number of units of a product sold by the total number of units of items sold in the budget.
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