Chapter 7 International Business

  • International Business Case Study End of Chapter 3

    International business Case Study end of chapter 3 9/17/12 1. Collectivism and individualism, democracy and totalitarianism, rule of law and rule of man: what do these concepts say about the IPRs of software and the legitimacy of its protection? Software technology was facing problem of digital piracy. Software piracy is the illegal distribution and copying of software for personal and business use. In USA software is automatically protected by federal copyright law from the moment of its

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  • International Business

    Chapter 2 2. What is cultural literacy? Why should businesspeople understand other cultures? Cultural literacy is detailed knowledge about a culture that enables a person to function effectively within it. It improves your ability to manage employees, market your products, and conduct negotiations in other countries. Businesspeople should understand other cultures because without understanding the way things work in these cultures it would be easy to offend its people by placing the wrong

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  • Chapter 6 International Business

    CGGGG The Political Economy of International Trade Chapter Outline OPENING CASE: Why Are Global Food Prices Soaring? INTRODUCTION INSTRUMENTS OF TRADE POLICY Tariffs Subsides Country Focus: Subsidized Wheat Production in Japan Import Quotas and Voluntary Export Restraints Local Content Requirements Administrative Polices Antidumping Policies Management Focus: U.S. Magnesium Seeks Protection THE CASE FOR GOVERNMENT INTERVENTION

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  • Understanding Business- Quiz 3- Chapters 7-9

    Understanding Business, Tenth Edition, Nickels/McHugh/McHugh Chapter 7- Management and Leadership 1. What does management look like today? Management differs today than it did in the past. In the past, managers were considered “bosses” and their job mostly consisted of giving employees orders, monitoring performance and reprimanding unproductive behavior and misconduct. Many managers still manage employees in such fashion; however, some managers now tend to be more proactive and have

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  • International Business

    range of policy instruments that governments use to influence FDI. • Articulate the implications for management practice of the theory and government policies associated with FDI. The focus of this chapter is foreign direct investment (FDI). The growth of foreign direct investment in the last 25 years has been phenomenal. FDI can take the form of a foreign firm buying a firm in a different country, or deciding to invest in a different country by building

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  • International Business

    ETHICAL REFLECTIONS ON THE CHALLENGES FACING INTERNATIONAL BUSINESSES IN DEVELOPING AREAS Frederick Bird, Concordia University June17, 2003 (Preliminary draft: Please do not cite without permission) Introduction: We now live in a world where the lives of all peoples are inextricably inter-connected. We have been brought closer to each other through modern systems of transportation and telecommunication. Commercially the links between people grow in number and complexity. Elements in the products

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  • International Business

    background information based around SQUARE Pharma and current trading environment including export-Import trends of SQUARE, FDI prospects and challenges, global production, globalization and its impact in business, research and development of SQUARE and Ethical issues involved in international business. As SQUARE is the top local pharmaceuticals company of Bangladesh so we have chosen it for our report so that we can have a wider view of our concern topics. Basically what we want to cover is the current

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  • International Business Chapter 7

    General Motors and Daewoo: Married, Divorced, and Married Again 1. Are the conditions in the automobile industry facilitating or constraining an alliance strategy? In my opinion, I think this question must be approach from the industry- based view, which would be the five forces. The automobile industry is very advanced industry which have very high entry barrier for the late movers because of special characteristics of automobile industry. First, automobile industry is connected with many

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  • International Business

    Mishkin Chapter 8 An Economic Analysis of Financial Structure (pp. 168-192) Modified & Extended Mishkin Notes Professor Leigh Tesfatsion Department of Economics Iowa State University Ames, IA 50011-1070 Last Revised: 6 April 2011 © 2004 Pearson Addison-Wesley. All rights reserved 8-1 Key In-Class Discussion Questions • What basic “stylized facts” characterize the current U.S. financial system? • Do transactions costs and asymmetric information help to explain these stylized facts? • Enron

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  • Chapter 7, International Business

    CHAPTER SEVEN GOVERNMENTAL INFLUENCE ON TRADE OBJECTIVES • To realize the rationales for government policies that enhance and restrict trade • To interpret the effects of pressure groups on trade policies • To understand the comparison of protectionist rationales used in high-income countries with those used in low-income countries’ economies • To comprehend the potential and actual effects of governmental intervention on the free flow of trade • To understand the major means by which

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  • International Accounting Chapter 1

    Chapter 1 Introduction Discussion Questions 1. In the domestic case, accounting is an information service that provides financial information about a domestic entity to domestic users of that information. International accounting is distinctive in that the entity being reported on is either a multinational company with operations and transactions that transcend national boundaries or involves an entity with reporting obligations to readers who are located outside the reporting entity’s country

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  • Chapter 7

    Chapter 7-9 Homework Key, CH341 |1. |Give the major organic product of the reaction of 1-ethylcyclopentene with each of the following reagents. Show |[pic] | | |stereochemistry when appropriate. | | |a. D2 with a Pt catalyst. D’s add |b. H-Br |c. H2O with H2SO4 as a catalyst. |d. Cl2: the Cl’s add trans

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  • International Business Pg. 34: 2, 4, 7

    HW: Pg. 34: 2,4,7 Response to #2: The study of international business is important for all walks of life to study and understand. The overall growth of IB has increased substantially over the last 50 years. As a result, international trade has become evermore important to the stability of our national economy, and to the global economy as a whole. Individuals who are going to work for small firms should be aware of where their products are coming from, how much it costs to produce and ship

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  • International Business Quick Study Answers for Chapter 4,5,6 Edition 6

    CHAPTER 4: Quick Study 1 1. Q: Define economic system. What is the relation between culture and economics? A: An economic system consists of the structure and processes that a country uses to allocate its resources and conduct its commercial activities. A nation’s economy tends to express individual or group values as reflected in its history and culture. However, no economy is focused entirely on the group at the expense of individuals or vice versa. 2. Q: What is a centrally planned

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  • International Business

    Feedback: Discussion Questions #4 Chapter 12: The Strategy of International Business  [1] In a world of zero transportation costs, no trade barriers, and nontrivial differences between nations with regard to factor conditions, firms must expand internationally if they are to survive. Discuss. Comments:  The theory of comparative advantage suggests that activities should take place in the countries that can perform them most efficiently, given that different countries are endowed with

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  • International Business

    International Business Chapter 1- Critical Thinking Questions 2. “The study of international business is fine, if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms”. Evaluate this statement. International business is any firm that engages in international trade or investment. Even though multinational enterprises are businesses that are international, it doesn’t mean that people should not go work for small

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  • International Business

    [pic] Xaviers Institute of Business Management Studies MARKS : 80 COURSE : MBA SUB: INTERNATIONAL BUSINESS N. B.: 1) Attempt any four cases 2) All cases carries equal marks. No: 1 BPO – BANE OR BOON ? Several MNCs are increasingly unbundling or vertical disintegrating their activities. Put in simple language, they have begun outsourcing (also called business process outsourcing) activities formerly performed in-house and concentrating

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  • International Business

    International Business- Dr. R. Chandran 1. International Business: Meaning And Scope Interdependency is a natural phenomenon; nations, living beings and companies cannot totally depend on themselves. It is the major driving force for international business. Learning value: This chapter covers the essential aspects, 1. 2. 3. 4. 5. Definition of international business Emergence of developing nations in international business Motives of international business from companies and nations Fundamental

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  • International Business

    International Business Chapter 7 Talk It Over The Product Life Cycle Theory suggests that firms go through different stages in the development of their output. Products pass through an introductory phase, followed by growth, maturity and then decline phases. The length of time, during which a product remains in certain stages, is a function of a variety of factors. Vernon’s view is that companies undertake foreign direct investment at particular stages in the life cycle of a product

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  • International Business

    Axia College Material Appendix D Chapter 20 Questions Answer each of the following questions. 1. Why is an exporter that is to be paid in six months in a foreign currency worried about fluctuating foreign exchange rates? Foreign exchange rates fluctuate all the time and the possibility of obtaining paid while the value of exchange is down will result in losses for the exporter. 2. Are there ways in which this exporter can protect itself? If so, what are they?

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  • International Business

    ASSIGNMENT 1 SUNIL NAGENDRA STUDENT ID: 30117006 BUMKT 6942 INTERNATIONAL BUSINESS LECTURER: TERRY XUE Contents Introduction 3 Effects of Carbon Tax 5 Effects on competitiveness 6 Conclusion: 7 References: 8 Introduction Carbon tax is tax imposed on industries which emit carbon di oxide into the atmosphere causing pollution. Basically it a tax imposed on emitters who are causing air pollution commercially. Carbon tax is believed to be successful for future environmental

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  • International Business

    The Political Economy of International Trade Learning objectives • Describe the policy instruments used by governments to influence international trade flows. • Understand why governments sometimes intervene in international trade. • Articulate the arguments against strategic trade policy. • Describe the developments of the world trading system and the current trade issues. • Explain the implications for managers of developments in the world trading system.

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  • International Business Chapter 1

    communication barrier. That can be done by having an interpreter if the difference is in the language department. If the barrier deals with the difference in care after the procedure, making sure to explain it in length might be a good option. International Business, by Charles W.L. Hill. Nint h Edition. McGraw Hill Company.

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  • International Business

    Axia College Material Appendix D Chapter 20 Questions Answer each of the following questions. 1. Why is an exporter that is to be paid in six months in a foreign currency worried about fluctuating foreign exchange rates? In export transactions the party that must receive a foreign currency in the future takes the risk that the currency’s value will change to its disadvantage. 2. Are there ways in which this exporter can protect itself? If so, what are they? They can have

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  • Chapter 7

    CHAPTER 7 Cash and Receivables ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) | | |Brief Exercises | | |Concepts | |Topics |Questions | |Exercises |Problems |for Analysis | | 1. |Accounting for cash. |1, 2, 3, |1 |1, 2 |1

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  • Chapter 3 International Finance

    Chapter 3—International Financial Markets 1. Assume that a bank's bid rate on Swiss francs is $.45 and its ask rate is $.47. Its bid-ask percentage spread is: a.|about 4.44%.| b.|about 4.26%.| c.|about 4.03%.| d.|about 4.17%.| ANS: B SOLUTION:|Bid-ask percentage spread = ($.47 - $.45)/$.47 = 4.26%| PTS: 1 2. Assume that a bank's bid rate on Japanese yen is $.0041 and its ask rate is $.0043. Its bid-ask percentage spread is: a.|about 4.99%.| b.|about 4.88%.| c.|about 4.65%

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  • Chapter 7

    Chapter 7 MerChandising Corporation assessment Questions as-1 ( 1 ) What is a merchandising business? A merchandising business can be defined as any business that buys and sells product for the ______________________________________________________________________________ purpose of making a profit. ______________________________________________________________________________ ______________________________________________________________________________ as-2 ( 1 ) What do common shares in a

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  • International Business

    answers to the what, where, why, and how of international business. WHAT? Section one introduces what is international business and who has an interest in it. Students will sift through the globalization debate and understanding the impact of ethics on global businesses. Additionally, students will explore the evolution of international trade from past to present, with a focus on how firms and professionals can better understand today’s complex global business arena by understanding the impact of political

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  • International Business Chapter 9 Critical Questions

    Claudia Perez Chapter 9 (Critical Discussion Questions) 1. NAFTA has produced significant net benefits for the Canadian, Mexican, and U.S economies. Discuss. The North America Free Trade Agreement (NAFTA) was passed in 1994. Starting with eliminating the majority of taxes on products traded between the three countries fallowed with a gradual phase-out of other tariffs. The Agreement contributed to more exports. The two way trade between Mexico and the U.S has more than quadruple since the agreement

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  • Chapter 7

    Chapter Seven: Deviance Deviance is recognized as the violation of cultural norms. Norms help guide us thought life activity. Crime is an act of violation of society formally enacted criminal law. Criminal deviance is divided into a wide range of offenses, from minor traffic violation to sexual assault to murder. In general that we would normally view nonconformity as breaking the rules, or regulation, like driving while under the influence of alcohol, stealing which is viewed as someone

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  • International Business

    Organizational change–Management. I. Title HD58.8.B882 2009 658.4′06–dc222 2009015909 10 9 8 7 6 5 4 3 2 1 14 13 12 11 10 09 Typeset in 10/12.5pt Sabon by 35 Printed by Ashford Colour Press Ltd. Gosport The publisher’s policy is to use paper manufactured from sustainable forests Contents Acknowledgements Publisher’s Acknowledgements Introduction Part 1 The rise and fall of the rational organisation Chapter 1 From trial and error to the science of management The rise of organisation theory Learning

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  • International Business

    PART 1 GLOBAL BUSINESS ENVIRONMENT CHAPTER ONE Globalization Learning Objectives After studying this chapter, you should be able to 1. Describe the process of globalization and how it affects markets and production. 2. Identify the two forces causing globalization to increase. 3. Summarize the evidence for each main argument in the globalization debate. 4. Identify the types of companies that participate in international business. 5. Describe the global business environment and identify

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  • Questions of Chapter 6 International Business

    consumer in developed nations would probably see a slight rise in the cost of commodities as the commodity price reached a global equilibrium. The effect on the farmer would be more substantial because they would no longer be protected from international demand and prices. 2.- Which do you think would help the citizens of the world poorest nations more, increasing foreign aid or removing all agricultural tariffs and subsidies? = removing all agricultural tariffs and subsides it’s giving more

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  • International Business Chapter 003

    Differences in Culture Chapter Outline OPENING CASE: McDonald’s in India INTRODUCTION WHAT IS CULTURE? Values and Norms Culture, Society, and the Nation-State The Determinants of Culture SOCIAL STRUCTURE Individuals and Groups Social Stratification Country Focus: Breaking India’s Caste System RELIGIOUS AND ETHICAL SYSTEMS Christianity Islam Country Focus: Islamic Capitalism in Turkey Hinduism Buddhism

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  • Chapter 7

    7 - 14) Let A = Number of air conditioners to be produced F = Number of large fans to be produced. Department | Air conditioners | Fans | Total number of hours available | Wiring | 3 Hours | 2 Hours | 240 | Drilling | 2 Hours | 1 Hour | 140 | Profit per unit | $ 25 per unit | $ 15 per unit | | Maximum profit P = ($25) * (A) + ($15) * (F) Hours of wiring time used is ≤ 240 ==> 3A + 2F ≤ 240 Hours of drilling time used is ≤ 140 ==> 2A + 1F ≤ 140 Both ( A and F

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  • Chapter 7

    Psychographic 1. Which statement illustrates how the business buying decision process DIFFERS from the consumer purchase decision process? * a. Reference groups influence the business buying process more than the consumer buying process. * b. The business buyer goes through fewer steps than the consumer. * c. Business buyers' needs and desires arise from derived demand. Explanation: The answer can be found in Section 7.1. * d. Business buyers are more influenced by impersonal environmental

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  • International Business

    in the world economy over the last 30 years.  What are the implications of these shifts for international businesses based in Britain, North America, and Hong Kong? Over the last 30 years, there has been a shift away from a world in which national economies are relatively self-contained entities, isolated by barriers to trade and investment, and differences in government regulation, culture, and business systems and toward a world where barriers to trade and investment are declining, cultures are

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  • Chapter 7

    IB HL Topic 7 Nucleic Acids Homework Assignments Topic 7.1 DNA Structure and Replication Watch these videos first: (most are very short) DNA packaging by HHMI: DNA replication by Bozeman: Outline the structure of nucleosomes. State the function of nucleosomes. Describe how DNA structure suggests its mechanism of replication. Identify the direction in which DNA polymerases add

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  • International Business

    BRAC Business School BRAC University S U B M I T T E D B Y : Sabrina Nasser Lya BRAC Business School ID: 06204008 BRAC University D ate of S ubmission: December 07, 2010 I N T E R N S H I P R E P O R T ON “Standards and effects of Employee Satisfaction At A x i a t a L i m i t e d ” S U B M I T T E D T O : Ms. Syeda Shaharbanu Shahbazi Senior Lecturer BRAC Business School

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  • International Business

    Chapter 1: Q: You are a U.S. citizen recently assigned as the manager of distribution in a European country where bribery is relatively acceptable. Your job description includes responsibility for accepting shipments as they enter the local port authority. On your first trip down to the docks to sign for a shipment, the customs agent in charge asks for a “tip” to clear the goods for pickup. The value of the incoming shipment is around $150,000. Knowing that the government has recently launched

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  • International Business

    CHAPTER 6 BUSINESS-GOVERNMENT TRADE RELATIONS LEARNING OBJECTIVES: 1. Describe the political, economic, and cultural motives behind governmental intervention in trade. 2. List and explain the methods governments use to promote international trade. 3. List and explain the methods governments use to restrict international trade. 4. Discuss the importance of the World Trade Organization in promoting free trade. CHAPTER OUTLINE: Introduction Why Do Governments

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  • International Business

    1. Chapter 3: Differences in Culture 2. Have you ever visited another country? If you have, think for a minute about some of the differences you may have seen. Perhaps people dressed differently or ate different types of foods. How did people get around? By car, by train, by motor bike? Was there a particular religion that influenced how society worked? What language was spoken? Did you notice any forms of unspoken language? Your answers to these questions will give you some insight to

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  • International Business

    CHAPTER 6 BUSINESS-GOVERNMENT TRADE RELATIONS LEARNING OBJECTIVES: 1. Describe the political, economic, and cultural motives behind governmental intervention in trade. 2. List and explain the methods governments use to promote international trade. 3. List and explain the methods governments use to restrict international trade. 4. Discuss the importance of the World Trade Organization in promoting free trade. CHAPTER OUTLINE: Introduction Why Do Governments Intervene in Trade? Political

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  • Chapter 12 - the Strategy of International Business

    The Strategy of International Business The chapter reviews basic principles of the strategies available for globally expanding businesses, it also reviews the different ways in which a business can maximize their profit while maintaining a well planed and followed expansions/global strategy. One important fact is to focus on the main objective of any firm; “Maximizing shareholder value” any strategy is mostly designed and built around this objective. To evaluate and review the strategies presented

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  • International Business

    flows. It also refers to labor movement and technology transfer across international borders as well as cultural and political issues, which are beyond the scope of this chapter. Globalization is the result of technological processes occurring mainly in the areas of information technology, telecommunications, energy, transport, and biotechnology as well as a shift in economic policies. In this chapter a number of international organizations, such as the WTO, the IMF, and the World Bank were presented

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  • International Business

    Marketing T1 Chapter 1 Marketing: is the activity, set of instructions, and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at-large. Goals are: 1. Attract new customers by promising superior value. 2. Keep and grow current customers by delivering satisfaction Marketing process: Needs: states of felt deprivation. Physical needs: Food, clothing, shelter, safety Social needs: Belonging

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  • Business International

    Chapter 9: 3. Reread the management focus feature on Volkswagen on this chapter, and then answer the following questions: A. why do you think management at Volkswagen decides to hedge only 30 percentage of their foreign currency exposure in 2003? What would have happened if they hedged 70 percent of their exposure? B. why do you think the value of the U.S. dollar declined against of the euro in 2003? C. apart from the hedge through the foreign exchange market, what else can Volkswagen does to

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  • International Business Chapter 6

    have a great deal at stake. While in some instances it could be argued that domestic consumers will be better off if world-class domestic producers are nurtured and allowed to gain first mover advantages in international markets, it is doubtful that the government will be better than international capital markets at "picking winners", and will more likely pick the firms with the greatest political clout. While employees may well lose jobs if there are more efficient foreign competitors, some would argue

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  • Chapter 7

    | |1. SK-968C Instruction Manual 1 6. Power cable 1 | |2. Warranty Card 1 7. Steel nails 2 | |3. Rubber-coated antenna 1 8. Screws (4×22) 2 | |4. Remote controls

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  • International Business

    LL.M INTERNATIONAL BUSINESS TRANSACTIONS LAW 5901 Kazakhstan Institute of Management, Economics, and Strategic Research School of Law REQUIRED TEXT: International Business and Trade [4th ed.] Ricky W. Griffen, Michael W. Pustay COURSE MATERIALS: International Business Transactions REQUIRED TEXT: International Business and Trade [4th ed.] Ricky W. Griffen, Michael W

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