It is important for companies to remember that selecting a target market and developing a marketing mix are interrelated activities and must be done together.
What is marketing ?Marketing is the process of discovering, developing, and delivering value to satisfy the needs of a target market in terms of goods and services; potentially including the choice of a target audience, the choice of specific qualities or themes to emphasize in advertising, the operation of advertising campaigns, attendance at trade shows and public events, the design of products and packaging attractive to consumers, and the definition of the terms of sale, such as price, discounts, warranty, and return policies.
Usually, the seller, who is usually a manufacturer or merchant, handles the marketing.
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The globalization of the world economy has resulted in a relative _____ in the dominance of u.s. firms in the global marketplace.
The answer is: Decline
The dominance of American businesses in the international market has decreased somewhat as a result of the globalization of the world economy.
What is globalization?The term "globalization" refers to the increasing interdependence of the world's economies, cultures, and populations as a result of cross-border trade in goods and services, technology, and flows of capital, people, and information. Over many years, nations have created economic alliances to support these movements. However, the phrase became more widely used in the early 1990s, following the end of the Cold War, as these cooperative agreements helped to define contemporary society. This guide uses the phrase more specifically to refer to international commerce and some investment flows among advanced economies, with a primary focus on the United States.
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The arbezani economy is operating at a point inside its production possibility frontier. this may be because:________
The Arbezani economy is currently active within the range of its productive potential. This may be because the economy has very poor technological know-how.
What is the production possibility frontier?The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.
PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.
Given the resources and technology at hand, what is "possible to produce" is represented by the production possibility frontier.
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An adjusted trial balance shows all accounts and their balances _____ the accounts have been updated for for adjusting entries.
An adjusted trial balance shows all accounts and their balances after the accounts have been updated for for adjusting entries.
What is trial balance?Trial balance help to record a company ledgers by separating and posting the ledgers into debit side and credit side.
When preparing a trial balance the debit side and credit side most equal or be the same, any discrepancies indicate that an error has occurred. The error must be detected for the trial balance to balance or for the debit and credit side to balance.
Therefore an adjusted trial balance shows all accounts and their balances after the accounts have been updated for for adjusting entries.
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When a company allows a customer to opt in and/or opt out with respect to the data it collects, it is implementing the __________ fair information practice principle.
When a company allows a customer to opt in and/or opt out with respect to the data it collects, it is implementing the choice/consent fair information practice principle. There are eight guiding principles for the use, gathering, and privacy of data that are collectively referred to as Fair Information Practices (FIPPs). Many nations accepted them in principle after the Organization for Economic Cooperation and Development (OECD) released them in 1980.
These ideas are still important and influential today. They serve as guidelines on how to handle personal data for many companies. Important privacy frameworks like the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act contain several of the concepts outlined in the FIPPs.
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After a sale is made and consumers have purchased the product or service from a company, which additional imc tools are used to support them, keep them satisfied, and retain them as customers?
To assist them, maintain their satisfaction, and keep them as clients, companies employ email, surveys, and social media.
Describe IMC.
Advertising, web marketing, public relations, direct marketing, and sales promotion are all included in integrated marketing communications.
When promotional instruments cooperate rather than operate alone, they are more effective. The goal of IMC's approach is to give customers a seamless experience.
In order for an organization to succeed in the market over the long term, it is imperative that it not just promote its brand to end consumers.
Promoting a product involves more than just making people aware of it; it also involves disseminating information about it.
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If amy takes this year's savings and deposits it into an 18-month certificate of deposit account earning 1.25 py with monthly-paid interest, how much interest will she earn?
She will receive interest calculated monthly using the compound interest formula. [tex]1.25 * 18=22.5[/tex]
What do you mean when you say "interest"?Like savings accounts, CDs offer compound interest, which means that your principal is periodically increased by the interest you receive. Following that, the new sum earns interest on its own, and so forth. When you borrow money or lend money, you are paying interest. The proportion of the loan amount used by lenders to compute interest. By lending money (via a bond or certificate of deposit, for example), or by depositing money into an interest-bearing bank account, consumers can earn interest. The bank or credit union pays you when you earn interest on your deposit accounts. The financial institution will invest such money by lending them to another party and charging them interest in return for those interest payments. For the loan, the bank will impose a higher rate.
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The management function of specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals is called _______.
The management function of specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals is called planning.
What are SMART Goals?Every sector of business and life uses goals because they give us a sense of direction, drive, clarity, and importance. You give yourself an objective to shoot for by making goals. Setting goals is made easier by using a SMART goal. The letters SMART stand for specific, measurable, attainable, realistic, and timely. In order to help you focus your efforts and improve your chances of success, a SMART goal contains all of these elements.
Smart objectives include:Specific: Clearly defined, unambiguous, and well-articulated.
Measurable: With clear criteria that track your progress toward achieving the goal.
Achievable: Obtainable and not insurmountable.
Realistic: Within your reach, practical, and pertinent to your life's work.
Timely: Having a timeline with a start date and an end date that is clearly specified. Urgency is intended to be created.
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Under which act (or acts) may liability charges be filed against a cpa who has performed a financial statement review for a public company?
When fees for the prior year audit are still owed, publishing the current year audit report. Pursuant to Section 19(1) of Comptroller and Auditor-General's Duties, Powers and Conditions of Service Act, 1971, audit of the accounts of Government companies is conducted by the Comptroller and Auditor General (C&AG) in accordance with the provisions of the Companies Act, 1956.
To their clients, the shareholders, CPAs are typically liable for either slight or egregious negligence. By becoming a limited liability corporation, CPAs can avoid any personal culpability. A CPA cannot be held accountable for an audit unless they have audited all of the company's affiliates.
When CPA ethics and standards are broken, the consequences can be severe and range from a CPA losing their employment to criminal prosecution to a loss of business for an accounting company.
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If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction into the accounting equation by:____.
If a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transaction by increasing cash and decreasing accounts receivable.
The accounting equation is a fundamental accounting concept and a crucial part of the balance sheet. The calculation looks like this:
Assets = Liabilities + Shareholder’s Equity
This equation highlights the balance sheet's structure and lays the groundwork for double-entry accounting, also referred to as double-entry bookkeeping. In a double-entry accounting system, every transaction affects at least two accounts.
The balance sheet's foundation is the accounting equation. The statement of financial position and balance sheet are both financial statements. Assets, Liabilities, and Shareholder's Equity are the three main sections of the balance sheet, along with their various underlying components.
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When making an investment , always consider the ____, which is the cost of your next-best investment?
At the time of making an investment , always consider the opportunity cost.
The value of the next-best option after a selection is made is known as the opportunity cost. Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options.
The determination of a company’s capital structure involves opportunity cost analysis in a significant way. To pay lenders and shareholders for the risk of their investments, a corporation must incur costs when issuing both debt and equity capital, but each has an opportunity cost as well.
To find the best balance that minimises opportunity costs, a company attempts to analyse the advantages and disadvantages of issuing debt and shares, taking both financial and non-financial factors into account.
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Large-denomination cds are ________, so that like a bond, they have a ________degree of liquidity and can be sold in secondary markets.
Large-denomination cds are negotiable, so that like a bond, they have a greater degree of liquidity and can be sold in secondary markets.
Success in business depends on having a competitive edge over your rivals because: It can result in larger profit margins. It might encourage attracting more clients more frequently. It promotes continued brand loyalty.
Preserving reserves at a level that lowers the cost of deposit outflows to the bank. A bank has a required reserve ratio of 25% and 10,000 checkable deposits. The bank's assets are its possessions. Loans, securities, and reserves are included in this. Deposits and money the bank borrows from other institutions are examples of liabilities—things the bank owes to other people.
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What are the key questions the manager of a process should ask? (check all that apply)
The key questions the manager of a process should ask are How can we make the process better? and Is the process performing well?. Viable managers assist with peopling stay roused to take care of their best responsibilities.
Who is a Manager?A Manager is an individual who oversees or is responsible for something. Managers have some control over divisions in organizations, or guide individuals who work for them.
A manager is the delegated head of a group who accomplishes objectives by furnishing staff individuals with direction and design. Managers are pervasive in each industry and in pretty much every organization and association since they further develop responsibility and increment efficiency.
A manager is an expert who plays an influential position in an association and deals with a group of representatives.
Therefore Frequently, managers are liable for dealing with a particular office in their organization.
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You are comparing four stocks of equal risk. which stock should have the highest price in today's market?
The stock which should have the highest price in today's market is stock A which pays $2 a year in dividends and increases that amount by $.50 annually.
If you buy a stock when the market prices of the stock is high, you will have greater losses if the price drops for any reason compared. So investors holding individual stocks for an extended period of time can also face the risk if the company in which they invested in enters a state of bankruptcy.
A dividend is known to be the distribution of a company's earnings to its shareholders and so which is determined by the company's board of directors.
Hence, in today's market, the stock which should have the highest price is stock A which pays $2 a year in dividends by annually increasing that amount by $.50
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How did the french and indian war alter the political economic and ideological relations?
The French and Indian war altered the political, economic and ideological relations between Britain and its colonists in North America by creating more cause for grievance.
The French and Indian War refers to a theater of the Seven Years War that took place between 1754 and 1763. The larger war was between the French and the British colonists, with Native American tribes fighting on both sides.
The war caused Britain to jettison its policy of Salutary Neglect and become more active in its colonies. It tried to control the political and economic affairs of its colonists, such as through imposition of regulations and levying taxes.
Ideologically, it caused the colonists to shift from a tolerant attitude to a more resentful and indignant one, which laid the sentimental grounds for the later War of Independence.
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Customer satisfaction is a function of ________ product/service performance product/service performance and customer expectations customer expectations customer evangelism
"perceived performance and expectations", Customer satisfaction is determined by how closely a product meets a customer's expectations and how well it really performs.
What is Customer Satisfaction?
Here, perceived performance and expectations are a function of consumer satisfaction. The consumer's perception of the quality of a product or service is known as perceived performance. On the other hand, the following factors have an impact on buyer expectations:
Product performance in the most recent period
Referrals, suggestions, or testimonies
Reviews
What rival companies have to say about the good or service
What its own advertisers claim?
This definition states that before a consumer makes a purchase, the satisfaction objectives are decided upon by them. At this stage, people also begin seeking for further information, including reviews, comparisons, alternatives, etc. At this point, your website, content marketing initiatives, and participation on other review sites all matter. Customer reviews and testimonies also work.
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What is the present value of an ordinary annuity that pays $100 per year for 20 years if the interest rate is 10 percent per year?
248.65 is that the present value of an ordinary annuity that pays $100 per year for 20 years if the interest rate is 10 percent per year.
What is interest rate?
A percentage of the principal, or the quantity loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is that the usual unit used to express the interest rate on a loan (APR).The amount earned from a savings account or certificate of deposit at a bank or credit union may also be subject to interest rates (CD). Interest on these bank accounts is calculated as an annual percentage yield (APY).
The sum that a lender adds to the principal to compensate a borrower for the utilization of assets is known as the interest rate.A bank's or credit union's time deposit account earnings are likewise subject to an interest rate.
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Img world provides college students with new, relevant media, making which stage of the consumer buyer behavior process easier for the consumer?
Img world provides college students with new, relevant media, making Information search stage of the consumer buyer behavior process easier for the consumer
consumer decision-making processConsumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.
Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. Before choosing what to buy, you take into account your needs, do some research, and weigh your possibilities. You frequently question your decision after the fact.
Put yourself in the customer's shoes and review the steps in the consumer decision-making process if you work in sales or marketing to maximize your influence.
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Choose the components of the shadow banking system.
a. savings and loan associations.
b. investment banks.
c. money market funds.
d. hedge funds.
e. commercial banks.
The proper responses are;
Investment banks (B).Money market mutual funds [C] Hedge funds [D]The production of credit inside the global financial system is facilitated by a network of financial intermediaries known as the "shadow banking system," which is unregulated.
Shadow bankingShadow banking refers to unregulated non-bank middlemen who connect lenders and borrowers. Despite being a significant contributor to the global crisis of 2008–2009, shadow banking still plays a significant role in world economies.
Money marketMoney market funds are businesses that offer less risky investments including certificates of deposit, interbank loans, and short-term securities like treasury bills. Money market funds in the United States are governed by the Securities and Exchange Commission (SEC).
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An indicator of project success within an organization is the strength of the ______ to support the project management structure.
An indicator of project success within an organization is the strength of the Organization Culture to support the project management structure.
The value of culture to your businessAll facets of your company are impacted by organizational culture, from contract terms and employee perks to timeliness and tone. Your employees are more likely to feel at ease, supported, and valued when your workplace culture matches their preferences. Companies that place a great emphasis on culture are better able to withstand challenging times and changes in the business environment.
When it comes to luring people and exceeding the competition, culture is a crucial edge. Nearly half of workers would quit their current position for a lower-paying position at a business with a superior culture, and 77 percent of job seekers think about a company's culture before applying.
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Bonds sell at a discount off the par value when market rates for similar bonds are:_______
Bond discount is the difference between a bond's market price and its principal balance owing at maturity. When a bond is issued at a discount, the market price is lower than the face value, which results in a capital gain when the bond matures and is paid out at the greater face value.
Bonds will trade at a premium during times when interest rates are consistently falling in order to bring the YTM closer to the declining interest rates. Similar to how rising interest rates will cause more bonds to trade below par value. Bonds can be issued at par.
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The case identifies various countries that take advantage of the open u.s. market and impose some level of protectionism. which countries are identified? group of answer choices
The correct answer is Japan, France, and U.K.
Through the use of restrictions like tariffs, protectionism seeks to support home industry and shield it from international competition. Consider Mr. Trump's tariffs on steel and aluminum. The president announced a 25% tariff on all imports of steel and a 10% duty on aluminum in May 2018.
What drives US protectionism?Protectionist policies are typically implemented to increase economic activity within a home economy. However, they can also be introduced due to safety or quality concerns.
When has protectionism been used by the US?In the United States, protectionism is an economic strategy that imposes tariffs and other restrictions on imported goods. The 19th century saw the greatest use of this policy in the US.
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Manufacturing costs include blank______. multiple select question. administrative costs
Manufacturing costs include Direct materials,Manufacturing overhead (MOH),Direct labor.
The effective design and manufacture of a product is heavily dependent on manufacturing costs. According to the added value model, a profit can only be earned if the production costs are lower than the value contributed. Consequently, determining the design and manufacturing costs of a product is essential to its success.The total cost of all resources used to produce a product is known as the manufacturing cost. Direct costs for materials, direct labor, and manufacturing overhead are the three subcategories of manufacturing costs. It affects the overall cost of delivery.All additional expenses incurred during manufacturing activities are included in manufacturing overhead. Repairs and maintenance, depreciation of the production equipment, utilities, wages of factory supervisors, etc. are some examples of these indirect expenditures.To know more about Manufacturing cost visit:
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Financial information does not demonstrate consistency when :_______
Financial statements are documents that describe a company's operations and financial performance.
What Are Financial Statements?Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
Financial statements that must be provided are the income statement, balance sheet, and statement of cash flows. These three statements can be used by traders as educational tools to assess a company's financial health and to quickly determine its underlying value.
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
Financial statements that must be provided are the income statement, balance sheet, and statement of cash flows. These three statements can be used by traders as educational tools to assess a company's financial health and to quickly determine its underlying value.
Hence, Option D is correct.
The complete question is,
Financial information does not demonstrate consistency when
a. firms in the same industry use different accounting methods to account for the same type of transaction.
b. a company changes its estimate of the salvage value of a fixed asset.
c. a company fails to adjust its financial statements for changes in the value of the measuring unit.
d. none of these
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At&t, verizon, and t-mobile serve more than 95 percent of the subscribers in the u.s. wireless mobile phone market. which form of competition characterizes this market?
More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.
How large is the market for cell phones?
In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.
The market for smartphones is it expanding?
Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.
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Is the company's market-to-book ratio meaningful? is its book debt-equity ratio meaningful? explain
Both the market-to-book and debt-equity ratios are important to the company.
What do we mean by market-to-book ratio and debt-equity ratio?Market Book Ratio:
The Market Book Ratio (also known as the Price Book Ratio) is a financial valuation metric used to compare the current market value of a company to its book value. The current stock price of all outstanding shares is used to calculate the market value (i.e. the price that the market believes the company is worth). The book-to-market ratio identifies securities that are undervalued or overvalued by dividing the book value by the market value. The ratio determines a company's market value in relation to its actual worth.Debt-to-equity ratio:
The debt-to-equity ratio is calculated by taking a company's total liabilities and dividing them by its total shareholders' equity. For most businesses and industries, a good debt-to-equity ratio is less than 2.0. The debt-to-equity (D/E) ratio indicates the proportion of equity and debt used to finance a company's assets. In the event of a business decline, the D/E ratio indicates the extent to which shareholder equity can fulfill obligations to creditors.Both the market-to-book ratio and debt-equity ratio are meaningful to the business.
As a result, the market-to-book and debt-equity ratios are essential to the organization.
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Besides the fact that debit cards withdraw money from your checking account rather than using credit when making purchases, what is the most important difference between credit and debit cards?
The most important difference between credit and debit cards is that "a debit card necessitates you to have cash in your account, whereas a credit card doesn't really."
What is Credit Cards vs. Debit Cards?Credit and debit cards are almost identical in appearance, of 16-digit card numbers, expiry dates, magnetic bits, and EMV chips.
Some difference between Credit Cards and Debit Cards are-
With one key difference, both can make it simple and convenient to purchase things in stores or online. Debit cards allows you to invest money besides drawing on funds in your bank account. Credit cards enable you to loan money from of the card issuer up to a certain amount in order to make purchases or withdraw cash.Credit cards provide you with access to a bank's line of credit, whereas debit cards deduct cash from your bank account.When compared to debit cards connected to a bank account, credit cards provide better consumer protection against fraud.Newer debit cards provide more credit card-like security, and many credit cards no longer keep charging annual fees.While comparing credit cards and debit cards connected to a bank account, the fees and benefits must be considered.To know more about Credit Cards and Debit Cards, here
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The trait of flexibility is especially important for leadership because it facilitates a leader's ability to adapt to various leadership situations. false true
The answer is true. Flexibility is a quality that is extremely valuable for leaders since it makes it easier for them to respond to different leadership scenarios.
Why is adaptability crucial in leadership?In a social and economic context that is changing quickly, flexibility is becoming an increasingly crucial quality. Flexible leaders are individuals that are able to alter their leadership style or strategy in response to unforeseen or unclear events. Flexible leaders can also respond to changes as they occur.
It is a philosophy of strategic leadership that highlights the need to impact important factors that affect a company's ability to succeed financially, including efficiency, inventive adaptability, and human capital. Task, relationship, and change-oriented leadership behaviours are one way to exert influence.
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What are the two categories of production system?
a. manufacturing systems
b. facilities
c. manufacturing support systems
d. factory
The two categories of production system are
a) manufacturing systems and
b. facilities
What is manufacturing systems?
A manufacturing system is any arrangement of tasks and processes used in the production of any goods. Businesses have developed a variety of different systems and processes over time, but their importance as a part of any production environment has increased.
Therefore,
a) manufacturing systems and
b. facilities
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Mike boyle's strength and conditioning can be described as a small business in _____.
a. a production industry
b. a service industry
c. a manufacturing industry
d. a distribution industry
Mike boyle's strength and conditioning can be described as a small business in a production industry.
What is represented by industry production?
Industrial production guides to the output of industrial buildings and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. This hand is measured in an index based on a reference period that represents change in the volume of presentation output.
What are the standards of industrial production?
Among the most important manufacturing enterprises are those that produce aircraft, motorcars, chemicals, clothing, computers, consumer electronics, electrical equipment, furniture, heavy machinery, refined lubricant products, ships, steel, and tools and dies.
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Economies go through business cycles. if the economy has a decline in gdp for two consecutive quarters, fresher than fresh would be operating in a(n)?
Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
What is a recession?This is the economic term that is used to tell us that a particular nation is experiencing an economic downturn. During the period of recessions, the trades and the economic activities that are in a nation would also have to fall.
Hence we can say that Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
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