Your search returned over 400 essays for "goods"
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Exploring Club Goods and Membership Fees

- INTRODUCTION: Public goods are goods that are neither excludable, nor rival in consumption. Excludability refers to the extent to which the good consumed is limited to certain groups of consumer, and rival refers to the extent the consumption of a particular good limits the consumption of others who wants to consume that particular good. However, some goods have both characteristics, these goods are called pure public goods, while others have either of the characteristics, and are referred to as quasi-public goods; club goods, local public goods, common resources....   [tags: Public Goods vs Club Goods]

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The Carriage of Goods Act

- The most important article of the Carriage of Goods Act is read as follows: "Subject to the provisions of Article 4, the carrier shall properly and carefully load, handle, stow, carry, keep, care for, and discharge the goods carried." Though this is considered very important, this passage is in fact the least considered article. This statement tackles about obligation of a carrier, not just to deliver the cargo successfully, but also to “carry the load with care.” The Act provides that every “bill of lading” shall effect subject to the Act’s provisions given that there is an evidence of a contract of carriage of goods by the sea from the US to other places in foreign trade....   [tags: Foreign Trade, Sea, Goods]

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Good and Services: The Law on the Sale of Goods

- ... The sale of goods by description is made when the words of description appeared in the misrepresentation who induced HML to purchased light fittings from FL because they are described as being energy efficient and additionally bulbs will last at least 7 years lifespan. Arcos v Ranaason [1933] AC 470 Re Moore & Landauer [1921] 2 KB 519 s14 Besides, where seller sells goods in the course of a business, goods supplied under the contract are of satisfactory quality. According to the facts given in the question, FL confirmed a fault in the manufacturing process caused the goods to fail sooner than the description of at least 7 years lifespan....   [tags: remedies, sale of goods act]

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Crime of Fashion: Counterfeiting Goods in the Fashion Industry

- ... Buttons on designer items should have the brand’s logo, if appropriate; real leather have an irregular texture while fake have consistent pattern; fastenings on luxury handbags are heavy, glide easily, and often have a matte finish ( and Consumers should consider the negative part of purchasing counterfeit goods and be more aware of the product they want to purchase. Paris has been the staple city for many luxury items for women. Brands like Chanel and Louis Vuitton have derived from that city....   [tags: creativity, goods, industry]

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The Markets In White Goods Industry

- In all ındustry, the marketing strategy has an important role of the markets success. Marketing issues involve lots of things such as pricing, advertising, product features, etc. All of them creates a whole which determines the market's quality and position in the industry. We can choose an industry, evaluate their marketing issues and compare them for be able to understand the competitive analysis. For example, lets choose white goods sector. Regal is one of the best in this industry, whereas the Delongi Bosphorus can be regarded from the one of lowest quality brands....   [tags: Marketing Strategy, Market Success]

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What are Fair Trade Goods

- Fair Trade goods are products that bear a logo which come from farmers and workers who are reasonably compensated. Fair trade helps farmers in developing countries build sustainable businesses that positively influence their communities. Fair Trade USA is a nonprofit organization, but instead of charity they teach disadvantaged communities how to use the free market to their advantage. With Fair Trade USA, the money you spend on day-to-day goods can improve an entire community’s day-to-day lives....   [tags: farmers, businesses, minimum price]

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Auctioned Goods and Employee Conctracts

- Is there any statutory guaranteed available for goods bought at auction. • There are no statutory guarantees available at traditional auction using auctioneer if the goods purchased do not fit for the purpose, do not correspond with the description and do not have an acceptable quality. (ACL s 2) • If consumers bought a product at Australian business through online auction, they are eligible to complain and request for a refund if the product misled the consumers about its features or hidden prices and charges....   [tags: Statutory Guarantees, Injunction, Damages]

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Sale of Goods Act

- A Section 13 (1) of the sale of goods act provides that where a good is sold by description the good must correspond with the description. The description of the good should be accurate and if the goods do not match the description the buyer is entitled to a remedy. This implied term only applies to goods sold solely by description and does not apply where the buyer inspects the goods before the purchase . In Harlington & Leinster v Christopher Hull Fine Art the buyer obtained a painting for £6,000....   [tags: buyer, slaves, seller]

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Transportation of Traded Goods

- As the American economy depends on producers and customers all over the world to transport equipment, parts, and freight successfully over the next 30 years. It is expected that the bulk of the tonnage will be transported through the U.S. ports. The U.S. government should be a catalyst for innovations within intermodal transportation, because there needs to be a control mechanism when dealing with any (i.e. buy/sell/ trade). The free market economy highlight systems, which focus on individual liberty to deploy their talents to invest in resources in whatever profession, or initiative that they choose without any rules governing their moves within the free market (Coyle 2003)....   [tags: consumers, free market, government]

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Collective Goods

- The international community is made up of many state actors that contribute in some form or other to establish a world that can establish key public goods. When more than one nation is trying to come together to achieve their collective goods, the nation may be confronted with a number of issues. There are times when the countries may need to come together to make decisions in specific topics like global warming, ozone depletion, space exploration amongst many other issues that require group attention (Stiles p269)....   [tags: International Community, The Kyoto Protocol]

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Buying Local-Made Goods

- Australians should only buy Australian-made goods because it helps to boost the economic. Research has confirmed that every £10 spent on locally supplied goods generates £25 for the local economy thus helping other local enterprises, creating more economic activity, local jobs and making other local services more viable ( Winter, 2007, 12). Many consumers believe that buying Australian goods may benefit the Australian economy and are in favour of imposing higher tariffs to reduce the Australian import penetration (Fisher & Bryan, 1997, 7)....   [tags: Economics]

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Carriage of Goods by Sea Summative Assessment

- Carriage of goods by sea summative assessment 1. The introduction of incorporation clause The bill of lading under a charterparty is just a certificate of receipt for the charterer, the bill of lading is not to be seen as a contract of carriage of goods by sea due to the relationship between the shipowner and charterer under a charterparty. When the bill of lading issued by the shipowner is transferred to a third party by the charterer, the right-obligation relationship between the shipowner and the bill of lading indorsee will be effected by the international conventions that related to the bill of lading....   [tags: maritime shipping paperwork, procedures]

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The Meaning of the Term Goods

- The Meaning of the Term Goods People now days have become more demanding and their needs have multiplied and become more complicated . This is one of the reasons why new products, new goods are being introduced into the market every single day, in order to satisfy the costumer’s wants or needs . What can be defined as a good and what as a need or a want. A want, a need is the unpleasant feeling of insufficiency that a person has and is accompanied by the effort to neutralize it....   [tags: Papers]

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Sales of Illegal Goods on the Internet

- Sales of Illegal Goods on the Internet With the increase of on-line crimes and fraud, stricter laws must be placed on the sale of such problematic items as guns, prescription drugs, and human blood and organs over the Internet. The selling of these and other items has created many problems in recent months. Most of these items are auctioned online through popular sites such as e-bay. This is a somewhat complicated issue due to the fact that they are many conflicting opinions. In addition, the laws for and against the marketing of these products online are very uncertain....   [tags: Papers]

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Benefits of Impure Public Goods on Marine Biodiversity Preservation

- Systems of “impure public goods” are touted as offering a blend of private and public interests, preventing exploitation while still allowing these resources to be accessible to the public. In the field of marine biodiversity, this is important because it can potentially prevent resources from being exploited and/or species from becoming eradicated. The idea of public goods offers a system that is subject to external forces and internal mechanisms, and despite its negative and positive impacts remains a system worth investigating for the purposes of marine preservation....   [tags: public interests, marine biodiversity]

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Exploring Sponsorship Strategies for Sporting Goods Brands in China

- Exploring Sponsorship Strategies for Sporting Goods Brands in China Introduction As is well known, nowadays sponsorship takes an increasingly important role in sport revenue. The situation is that, sporting goods brands, including Nike, Adidas and Puma, enjoy high returns by high-investigate sponsorship. “The attitude toward both sponsors is significantly influenced by sponsorship awareness, while the attitude toward the sponsor was the strongest predictor of purchase intentions” (Rui Biscaia, Abel Correia, and Antonio Fernando Rosado, 2013)....   [tags: sport industry revenue]

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Positive Trends in Emerging Markets for Luxury Goods

- Opportunities: Large Market for luxury goods and positive trends in emerging markets Trends that control the global luxury goods market are globalization, consolidation, and diversification (Tavoulari 1). Globalization is a result of the increased availability of these goods, additional luxury brands, and an increase in tourism. Consolidation involves the growth of big companies and ownership of brands across many divisions of luxury products. LVMH is one example, demonstrating to be one of the top luxury companies that dominate the market in segments ranging from luxury drinks to fashion and cosmetics....   [tags: brands, sales, pricing]

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Goods and Services Tax Imposed on Sales in Singapore

- Goods and Service Tax, commonly abbreviated as GST, is defined as a consumption tax imposed on the sale of most goods and services. It also includes taxes imposed on all imports into Singapore. The main objective of implementing GST is to lower the corporate income and personal tax rates, along with shifting the reliance from the normal direct taxes to indirect taxes. This tax implementation would be lucrative for attracting many international investors while at the same time maintaining a sustainable economic growth that would create more job opportunities....   [tags: exports, product, retail]

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CPI: Fluctuation of Price of Goods and Services in a Country

- The CPI in the United States is defined by the Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." So basically the CPI is an indication of the fluctuation of price of goods and services in the country. Each country has their own CPI index whether it’s the U.S., Canada or UK. Calculating CPI is not very complicated it is simply done by getting the numbers of change in price of the fixed price of goods....   [tags: Inflation, Deflation, Economy]

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Online Shopping is a Great Way to Purchase Goods and Services

- In our technologically savvy world, it can be said that the internet conquers the social and economic status of every country and its individuals. In this exciting point of time, online shopping is not an uncommon term used. Online shopping is described as the process of purchasing products and services from merchants worldwide over the internet (WiseGEEK, n.d.). Online shopping is also sometimes referred to as e-commerce in the business world. Online shopping is so revolutionary, that it has single-handedly changed the entire norms of a society....   [tags: technology, savvy word]

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PEST Analysis of Indian Consumer Goods Retailing Market

- Introduction India is world’s second most populated country with over 1.2 billion people. Since its independence from British rule in 1947, the country has been more or less been a stable democracy. Until 1991 Indian governments imposed economic austerity and its markets were comparatively closed to the world. Economic reforms in 1991 brought about a change which made India an attractive and huge market for multinational corporations from all over the world (Joshi 8). Retail industry within a globalized world is one of the thriving and profitable sectors....   [tags: glabal issues, population, india]

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Luxurious Goods: Louis Vuitton Moet Hennessey

- Louis Vuitton Moet Hennessey Louis Vuitton Moet Hennessey is most appealing to me because of the company’s capability to produce luxurious goods in a number of categories. Better known as LVMH, the company strives to be the best that it can be in many nations throughout the globe. This company sets the standards for what all businesses should strive for in terms of success, and their luxurious products have risen to the top of their class in every category that LVMH is in. The company specializes in a number of different industries, as it consists of 60 subsidiaries that each have their own brand (“The Beginnings”)....   [tags: business, Belvedere, Dom Perignon]

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Cost of Goods Sold

- A figure of cost of goods sold reflecting the cost of the product or good that a company sells to generate revenue, appearing on the income statement, as an expense. Also, referred to as “cost of sales”. It is essentially a cost of doing business, such as the amount paid to purchase raw materials in order to manufacture them into finished goods. For example, if a $10 widget costs $6 to make, then the cost of goods sold is $6 per widget. That is, the cost of goods sold is equal to the beginning inventory plus the cost of goods purchased during some period minus the ending inventory....   [tags: essays research papers]

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Household Goods Movement System

- Household Goods Movement System Did you ever wonder what went into the process of a household goods move. United Van Lines, a subsidiary of UNIGROUP, Inc. is the undisputed leader among American movers, with a market share approaching 24 percent (inbound Logistics). Internationally, United offers regular service to, from, and among 125 countries around the world, as well as all 50 states of the union and Puerto Rico. Currently, more than 200 agency and agency groups each generate at least $1 million in business during the course of the average business year....   [tags: Papers]

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Worldly Goods

- Worldly Goods Lisa Jardine has written a very comprehensive, easy to read, book. The book, Worldly Goods, is a history of the Renaissance. The book provides interesting insights on culture, art, music, science, business, and human relations during the renaissance. Beginning by examining art as the consumer good that it was, Jardine constructs a cultural history of the Renaissance. She presents the facts in an easy to follow, well constructed way. The most important point the book is making is as follows: The pursuit of material goods and valuable possessions, including religious and secular art, was a defining characteristic of the Renaissance period....   [tags: Papers]

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Consumer Goods

- Consumer Goods A few years ago I was walking around my old hometown, Portland, Oregon. I walked past a basketball court full of teens wearing Ambercrombie shirts and Nike shoes. "Bro, why don't you get some of these cool clothes, rather than that boring and odd shirt you have on. one of them said to me. "No, thanks. I like what I have on." I wasn't going to let them persuade me to waste my money on expensive popular clothing when I already liked what I was wearing. As you can see by my experience, many Americans, especially high school students, shop to "look cool" by wearing popular clothing....   [tags: miscellaneous]

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pirating goods

- Pirating goods A man walks into a movie theater buys a ticket and takes his seat. He sits in the back row as not to disturb anyone with his large hat. The movie finishes and one hour later I’m watching the movie “God bless the INTERNET” According to Hoovers online Business network more then 800 billion dollars was spent last year on Software, Music, Movies and games. Now that’s a lot of money. I’m going to show you how to download all those things that people spent 800 Billion dollars on last year for free....   [tags: essays research papers]

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Austrailian GST (Goods and Services Tax)

- Austrailian GST (Goods and Services Tax) The GST (Goods and Services Tax) proposed by the Howard government is a new tax which plans to add ten percent to the cost of every item purchased whether it be a car or a pen with only a few exceptions. The tax set to commence on July 1 2000 may still not become a reality if the senate does not have a majority vote on the issue. The VAT (Value Added Tax) of the United Kingdom is much the same tax adding seventeen and a half percent to all goods and services (although there are exceptions)....   [tags: essays papers]

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LVMH: Diversification Strategy into Luxury Goods

- LVMH: Diversification Strategy into Luxury Goods Strategic Issues      By 2002, Moet Hennessy Louis Vuitton was the world’s largest luxury products company, enjoying annual sales of 12.2 billion euros. LVMH carries the most prestigious brand names in wine, champagne, fashion, jewelry, and perfume. Upon entrance of this luxury product industry, LVMH was aware that they produced products that nobody needed, but that were desired by millions across the world. This desire in some way fulfills a fantasy, making consumers feel as though they must buy it, or else they will not be in the moment, and thus will be left behind....   [tags: CGSE Business Management Strategic Essays]

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Paying for International Environmental Public Goods by Rodrigo Arriagada and Charles Perrings

- In this paper, I will base on articles, Paying for International Environmental Public Goods and Economic Incentives and Wildlife Conservation to discuss what an impure public good is, the types of externalities associated with impure public goods, the technology of public good supply, and the types of economic incentives (positive and negative) that are created for impure public goods with different technologies of public good supply. According to Paying for International Environmental Public Goods, which is written by Rodrigo Arriagada and Charles Perrings, it mainly discusses how to prevent international environmental public goods (IEPG)....   [tags: wild life exploitation, conservation]

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A New, Improved Way to Package Goods for Transport with Liner Shipping

- ... To maintain market share, the firm needs to keep pace with the growth rate of the others. A firm seeking to expand its market share needs to expand more aggressively than the rival firms. Hence, companies with different growth strategy may have different response to the capacity growth of other companies. In modelling growth, it is clear that mergers and acquisitions positively influence growth, at least initially, and depending on the size of the acquisition, it can have significant contribution to market concentration....   [tags: financial, supply, vessels]

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India's Small and Medium Enterprises Export Goods Around the World

- ... Furthermore, the ability of different sectors to withstand the impact is not the same. For instance, the IT sector having higher margins than the handicrafts sector, can relatively withstand the adverse impact of the appreciation of the rupee to a greater level. 1. Impact on exporters: Currency fluctuation impact exporters significantly. Appreciation of currency adversely impacts exporters while depreciation benefits exporters. 2. Impact on importer: Currency appreciation or depreciation impacts importers too in the opposite way i.e....   [tags: financial, risks, hedging]

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Why Do Poor People Waste Money on Luxury Goods?

- “OMG”. You see that black young gal coming out of that Mercedes Benz. Oh. And she has on a Dolce & Gabbana dress. I wish I was like her” said a nosey Bahamian woman. “Don’t let dem materialistic tings fool ya girl, that’s Shirley’s daughter who live Bain town with both her parents, that’s all for show cuz she just got her a-sue money so she flaunting, watch next week you will see her in a lancer” said another lady. The world we live in, people judge you based on your appearance; so there’s no better way than to prove to those that you are living well than with luxurious possessions....   [tags: mercedes, clothes, worth]

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From Goods to a Good Life: Intellectual Property and Global Justice

- This reading for this week was From Goods to a Good Life: Intellectual Property and Global Justice by Madhavi Sunder. The reading I chose to put into convocation with the first article was The Public Domain: Enclosing the Commons of the Mind by James Boyle. In Sunder’s chapter on “Fair Culture”, she specifically references Lessig’s Free Culture, saying that it is insufficient, thereafter extending its claims. Sunder attempts to extend and slightly modify Lessig’s idea by incorporating a thorough analysis of culture and the inequalities in people’s ability to claim intellectual property rights into her argument....   [tags: Madhavi Sunder article review]

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Analyzing the Marketing of Rehabilitation Goods & Services and The Dis

- The Marketing of Rehabilitative Goods and Services by Gary L. Albrecht was written with the intention of giving its reader a better understanding of who has the most to gain in the business of rehabilitative services. One position states that the institutions benefit most, while others feel it is the consumer who has the most to gain. The main controversy discussed in this article is the usage of marketing strategies for rehabilitative health care institutions to increase sales and raise profit margins on service that was once provided pro bono....   [tags: essays research papers]

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Population Growth Equals Greater Demand of Goods

- The prices for these luxury goods are getting more expensive rather than cheaper, so why are these sales escalating. Population growth is one possibility as the greater the population, the greater the demand. Society today is based on the fundamental concept of supply and demand. If the demand increases the quantity supplied will rise. If the demand decreases the quantity supplied will diminish. However, the fluctuation in demand for all products is based on numerous factors such as price, population, income, advertising and more influential than price, taste....   [tags: Economics]

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Exploring Greeks' Contact with Eastern Peoples and Goods

- Exploring Greeks' Contact with Eastern Peoples and Goods In the past, historians have had a tendency to separate Greek Society from the rest of the world, however contemporary scholars now recognise the need to not only place Greece within a global context but to also consider the interactions between neighbouring civilisations and their consequences. Evidence suggests that after the fall of the Myceneaens, the Ionians were driven out of Greece by the returning Dorians and forced to set up colonies in the surrounding areas[1]....   [tags: Papers]

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Analysis of The Logic of Collective Action Public Goods and The Theory of Groups by Mancur Olson

- Analysis of The Logic of Collective Action Public Goods and The Theory of Groups by Mancur Olson Mancur Olson, wrote The Logic of Collective Action Public Goods and The Theory of Groups, throughout the book Olson discusses such topics rationality, group size and group behaviour, public goods, free rider, collective action problem, and selective incentives. Olson’s world-renowned book is full of useful knowledge and opinion concerning world politics. After reading this valuable text I feel both enlightened and baffled concurrently....   [tags: Papers]

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India's Growing Prosperity Opens Up A New Market For Luxury-Goods Firms

- At the end of the 19th century, India's maharajahs discovered a Parisian designer called Louis Vuitton and flooded his small factory with orders for custom-made Rolls-Royce interiors, leather picnic hampers and modish polo-club bags. But after independence, when India's princes lost much of their wealth, the orders dried up. Then in 2002 LVMH, the world's largest luxury-goods group, made a triumphant return to India, opening a boutique in Delhi and another in Mumbai in 2004. Its target was the new breed of maharajah produced by India's liberalised economy: flush, flash, and growing in number....   [tags: India Economy Luxury Market]

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EU Regulation 608/2013 Strengthen Customs Authorities’ Ability to Take Action Against Counterfeits

- EU Regulation 608/2013 strengthens customs authorities’ ability to take action against counterfeits 1. Background A new EU Regulation 608/2013 concerning customs enforcement of intellectual property rights entered into force as of 1 January 2014, repealing the previous Regulation 1383/2003/EC. The aim of the New Regulation is to strengthen the powers of customs authorities to detain suspected counterfeit and pirated goods at EU borders. Under the previous Regulation, it was also possible to prevent goods infringing certain intellectual property rights from entering into the EU, with trademarks, copyright, design rights and patents being the main rights protected....   [tags: Law, Goods, Pirated]

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Financial Managment: Types of Inventory Used by TATA Motors

- INVENTORY MANAGEMENT OF TATA MOTORS TATA MOTORS: COMPANY PROFILE Tata Motors Limited one of the largest Indian automobile company is the leader in the commercial vehicle segment and in passenger vehicles. Its revenues could be consolidated to INR 1,88,818 crores (USD 34.7 billion) in 2012-13. It is also the world's fifth largest truck manufacturer and fourth largest bus manufacturer. TYPES OF INVENTORY USED BY TATA MOTORS: 1. FINISHED GOODS INVENTORY Finished goods refer to that number of cars manufactured that are anticipating sales to the customer....   [tags: automobile company, goods, services]

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Is it Possible to Harmonise International Trade?

- For many years, there have been several attempts in the harmonisation of international trade. Unfortunately, sales of international goods are very complex and this leads to great difficult in unifying trade law. People have tried to create universal laws to mend shipping issues, seller to buyer relationships and fraud, however, there is still no global international trade law. So far, with every attempt, it becomes clearer that nations have conflicting ideologies or viewpoints and hinders the progression of global harmonisation of international trade....   [tags: Goods, Sales, Trade]

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The Relationship Between Free Market and Social Justice

- ... Furthermore, all resources are owned by private individuals and all of the economic decisions are also made by private individuals in the markets instead of the governments. Social justice is that all people in the society have equal opportunities and rights. Everyone is recognized and treated in a same way by the society regardless his or her sex, race and so on. Furthermore, the distribution of resources and goods is fair that people can gain the resources according to their needs and contribution (Fraser, 1998)....   [tags: exchanging goods or services]

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Does Nuclear Energy Become a Major Policy Challenge that Iran may Face?

- Does Nuclear Energy Become a Major Policy Challenge that Iran may Face. Energy policy has become a serious challenge these days in modern Iran. To examine this challenge first we must define the energy as a public good, secondly outline Iran’s energy policy and its consumption patterns as well as its nuclear energy program. Moreover, argue why Iran’s nuclear energy program is not acceptable worldwide and how it becomes an issue in the present day and finally, the impact of Iran’s nuclear energy program on the global economy....   [tags: public goods, nuclear ambitions]

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Russia and Latin America's Responses to Industrialization

- ... This contributed to large-scale strikes that inspired a group of intellectual Russians, founded in the concepts of Marxist socialism, to make plans for reformation. In the late nineteenth century, these workers began the process of social change in educating laborers, organizing unions, and, later on, taking revolutionary measures to improve workers’ conditions.In addition, workers in Moscow and St. Petersburg, the cities that were the main focus of industrial enterprises, created their own representative councils (soviets) which organized peasant uprisings, revolts of non-Russians, and student demonstrations....   [tags: workers, economics, goods]

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Price Escalation and Its Properties

- International marketing concepts International marketing is an exceedingly difficult and challenging activity for a multinational corporation (MNC) marketer. According to Cateora, Gilly, and Graham (2013), “international marketing is the performance of business activities designed to plan, price, promote, and direct flow of the companies goods and services to consumers of users in more than one nation for profit” (p. 10). International marketing strategies and its efficiency assists in the expansion of an organization....   [tags: international marketing, pricing, goods]

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Self-Sufficient Happiness or Happiness Dependent on Other Influences

- Aristotle’s theory and self-sufficiency Aristotle’s theories start by expressing happiness as the number one importance in life . The only way to obtain this absolute happiness is to be a good person and commit good actions. In Aristotle’s theory he expresses different avenues to achieve being a good person, some of which will be discussed later on. Along the way, Aristotle states “happiness, then, is something final and self-sufficient, and is the end of action.” This raises the question is happiness in Aristotle’s eyes, something that is obtained self-sufficiently or does happiness also require outside influences....   [tags: Aristotle, external goods, perspective]

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Taking a Look at Fair Trade

- The open markets are filled with competitors trying to trade and sell their goods and services. Fair Trade laws are enacted to provide an equal opportunity in the marketplace for developing countries and small producers of goods. To protect their financial economies, .governments intervene by placing huge taxes and quotas on exports, to restricting producers who try to flood the markets with their products. This intervention also helps those producers who are facing unfair trading practices. Companies who provide cheaper made products, can cause a deficit for any country by flooding their economy with these exports....   [tags: commericializing goods and services]

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Taking a Look at the Indian-American Culture

- The Indian-American culture includes all goods and services (tangible and intangible) that India and America share with each other. Historically, before India’s independence from the British Indian Empire in 1947, people mistakenly essentialized India and America’s cultures to traditions from the East and West, respectively. The East (including India) was thought to follow old and traditional customs, while the West (containing America) was believed to pursue new and modern customs. Thus, the initial Indian-American culture between the two countries prior to 1947 only encompassed the conventional tangible goods that they traded with each other (such as spices and slaves)....   [tags: customs, traditions, goods and services]

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Demands and Supplies in Education and Government

- ... The law of demand states that as price decreases, quantity demanded increases. An inverse relationship exists. The law of demand is dependent on ceteris paribus -- all other factors remaining unchanged (Hoffarth, 2007). Thus, when the price of a product or service increases, the demand for the product falls and vice-versa. The demand curve is a negatively sloped curve. Clearly, when the price of the commodity increases from price p3 to p2, then its quantity demand comes down from Q3 to Q2 and then to Q3 and so on....   [tags: want, desire for goods, law]

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Supply and Demand Chain Management: The Effect of Adding Services to Product Offerings by

- Overview of the article Various operations management facts and theories are objectively presented throughout the article of “Supply and Demand Chain Management: The Effect of Adding Services to Product Offerings” by Oscar Bustinza, Glenn Parry and Ferran Vendrell-Herrero. These theories include supply chain management and competitive advantage, operations strategy and technology. The main purpose of the literature being reviewed is to address the research question of “How does changing the offering affect the supply and demand chain management?” (Bustinza, Parry....   [tags: goods, customers, technology]

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Canon of Taxation by Adams Smith

- The famous literature on principles of taxation was embodied in Adams Smith “Canons of taxation”. Since then, economies have adopted (and adapted where necessary) these basic principles for what is regarded as the most important tool of fiscal policy. Taxation is a compulsory levy imposed on the income, value of goods and services of individuals, partners and companies by the government. It is can be said to be an approach of imposing tax on the citizen. This imposition of tax, is expected to yield income which should be utilized in the provision of both basic and substantial infrastructural amenities, both social and security, as well as creates conditions for the economic well-being of the...   [tags: income, value, goods]

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The Silk Road in Ancient China

- In ancient China, the Silk Road was an invaluable highway system used to transport valuable trade items and knowledge and ideas throughout Asia. Many valuable goods were shipped off and profit was made from trading with Rome, India, and China. With the Silk Road, valuable goods and ideas spread efficiently; areas were revolutionized and it allowed for cultural diffusion to occur. Many valuables were exchanged along the Silk Road, not only were items traded, but new ideas as well. One of “the most valuable item of trade was silk, but jade, pearls, coral, glass, fine linen and wool were also brought on the road by merchants” (Cultural Exchange)....   [tags: asia, valuable goods]

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Advertising Has A Negative Impact to Society

- In a consumer driven economy, the purchasing of goods allows it to thrive. Although need is a large contributor to what is purchased, often times it is desire that fills the much needed spending gap. With personal debt on the rise in the United States, it is hard not to think about what would happen if every individual only purchased what they needed. Would that help lower the nation’s debt or would it drive the economy into the ground. With the large presence of advertisements in everyday life, it’s hard to imagine what the day would look like without them....   [tags: marketing, consumers, goods]

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892 words | (2.5 pages) | Preview

Operation Management: The Malaysia’s Capital Airport Kuala Lumpur International Airport

- Executive summary: The below discussion was all about operation management and how well it can be performed. The scope of operation management is for the better understanding where it can be implied to improve their management and role of operation management is to explain the importance of it. The below assignment explain briefly explains about the operation management in KLIA how it was developed to an international standard, how they provide the fine and international standard of service to the consumers....   [tags: overseeing, goods and services]

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2422 words | (6.9 pages) | Preview

The Growth of the Adidas Powerhouse from Humble Beginnings

- Adidas Group: Global Management of Overseas Locations Adidas Group is a global manufacturer and retailer of sporting apparel and accessories. Worth $21.8 billion the company consists of 40,168 employees. (Adidas, 2013) Adidas Group produces and distributes more than 650 million product units in over 160 countries every year. (Group, 2006). Because if the enormity of the international operations of the Adidas Group, its global management of overseas locations is incredibly important. Company Background Adidas Group is a big company, but it had humble beginnings....   [tags: sporting goods, athletes, germany]

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3114 words | (8.9 pages) | Preview

Life Cycle Assessment of Biodiesel Production

- Introduction The transportation of goods and people has dramatically altered earth’s landscape. The ease of mobility has enhanced and increased the transportation of everything. From miles traveled for our food before it arrives on our plates to the miles we travel to and from our jobs, transportation needs have increased. Humankind's insatiable appetite for transport necessitates cheap and abundant energy; a fleeting reality. Further, transportation and the energy used to power mobility has not bode well for the planet....   [tags: Transportation of Goods, Algae Farms]

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1021 words | (2.9 pages) | Preview

Consumers: The Power Behind the Government

- Consumers have more power than they realize. Consumers are citizens that buy goods or services from a select business. They are the reason and purpose behind a business. If a business had no consumers there would be no purpose in starting one. Consumers are the driving force for a mixed economy, which includes capitalism and socialism. Both of which require involved consumers. Consumers are those who spend money, time, and expertise on improving or receiving a business’s product. Consumers not only include shoppers, but also students, workers, and bosses....   [tags: goods, services, select businesses]

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936 words | (2.7 pages) | Preview

The Economy in India: Recessionary Effect

- ... The hit on other sectors like infrastructure and mining had also resulted a fall in the Commercial Vehicle segment. In the given situation, where the entire world and India was affected by recession effect, Amtek, with a view to go into greenfield project, was trying to see all the dimension of the possibilities which either can favour or prevent it’s goal to be materialised. Amtek had taken a decision to venture into green field projects of steel in all the good faith that the booming condition of market would sustain....   [tags: sales, goods, automotive industry]

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792 words | (2.3 pages) | Preview

The United States' Trade Deficit

- Introduction: These days, almost every country is involved in international trading. To set the basic knowledge about international trading, there are two important terms: trade surplus and trade deficit. Trade surplus is when the money amount of export exceeds import, and trade deficit is when trade import exceeds export. U.S. has been stuck with trade deficit for years now and it has caused problems such as lowered U.S. credit, or less favorable trade condition. This is a very complicated problem that it may take long to resolve the problem, but it is not something that is impossible to solve....   [tags: exports, credit, goods]

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613 words | (1.8 pages) | Preview

The Development of Operation Management

- ... A sale is the conversion of a business inquiry leading into a contract or shipment. It is the activity of taking a lead and selling the item desired. The three functions of operation management, that is, finance, operations and marketing, operations interface at various points during the process of designing and developing products. These functions interface during setting up of realistic schedule, forecasting, and making decisions pertaining to quality and quantity(Heizer, 2011). Operations This function of operation management encompasses the following within an organization: management information systems (MIS), accounting, purchasing, manufacturing engineering, product design, logist...   [tags: organization, personel, goods and services ]

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1196 words | (3.4 pages) | Preview

Rocking Horse Winner by D.H. Lawrence

- “Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind and greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A.” This quote, said by Gordon Gekko in the 1987 blockbuster hit Wall Street, perfectly displays how the society today has been overcome by greed and materialism....   [tags: greed, obsession with material goods]

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569 words | (1.6 pages) | Preview

Roles of Governement in the Economy

- Chapter 1: The world is made up all types of economic systems that undergo billions of transactions every day, the vast majority without any government involvement. Too much government interaction can lead to the failure that occurs in the Soviet Union. For example, a soviet official visited an American pharmacy and recognized how everything worked in harmony. He asked how this is possible and the answer was simple economics. A store sells products and the companies produce items that stores want to stock....   [tags: regulations, goods, taxes]

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747 words | (2.1 pages) | Preview

The Importance of Logistics Management

- Logistics Management In the Second World War logistics also played an integral role. The allied forces’ invasion of Europe was a highly skilled exercise in logistics, However while the Generals and Field Marshals from the earliest times have understood the critical of logistics, strangely it is only in the recent history that business organizations have come to recognize the vital impact that logistics management can play in gaining a competitive advantage (Christopher 1992). However, we must ask ourselves what is logistics management in the sense that is understood today....   [tags: procurement, movement and storage of goods]

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3307 words | (9.4 pages) | Preview

Unites States' Expansion in Mexico

- Mexico and the United States fought over a vast amount of land, it was the equivalent to half of Mexico. United States real interested was to gain more territory for future expansions plans. The U.S. interest in the expansion was pretty simple. They wanted Texas simply because of their good agricultural production, especially cotton, which was the main commodity back then. California which was in the Far West was their real target: their objective was to own ports in the Pacific to become a continental empire....   [tags: texas, goods, border]

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594 words | (1.7 pages) | Preview

Microeconomics: The Production Possibilities Curve

- 1. Given the information I would suspect, even without evidence, that the economy might not be able to produce all the schools and beds it wants because there are inevitable constraints on any nation’s economy despite how big or small it is. On an economy’s production cycle, there are four main constraints (DukeEconomics, 2012). These are land, labour, capital and entrepreneurship. Land resources include natural resources like arable land, animals, water, etc (Jain and Ohri, 2010, p. 159). Capital encompasses man-made items like buildings and equipment; and these items are integral to present and future productivity in an economy....   [tags: entrepreneurship, goods and services]

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Economic Growth and Economic Indicators

- Economic growth is measured by the change in real GDP. Real GDP is the total value of all of the goods and services produced in a year, adjusted for inflation. GDP, though not the best indicator of the quality of life, nations with a high GDP correlate to nations with a higher quality of life. The changes in real GDP for 2013 general trend of increasing GDP and hence increasing economic growth. The latest estimate for fourth quarter fiscal year 2013 is 2.4 percent change in GDP. GDP increased in quarters 1-3 of 2013 but decreased in the fourth quarter....   [tags: goods and services, inflation]

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Human Connections through Material Goods

- Shoes are a necessity we as humans use daily. In our lives as human beings, one characteristic that seems to separate us from other animals is our reliance on shoes. We go out of our ways to buy shoes whether it is comfortable or not. Although shoes may come in different shapes, sizes, materials, and colors, the purpose of shoes is to help us get to where we need to go and to protect our feet. The history of shoes dates far back, however, no really knows when the first pair of shoes was created....   [tags: humanr reliance on shoes]

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What is Supply Chain Management?

- Supply chain management (SCM) is the management of the torrent of possessions and chattels. It has been demarcated as the "design, organization, execution, control, and checking of supply chain events with the objective of creating net value, building a competitive infrastructure, loading of raw materials, inventories of work in progress and completed goods from point of origin to point of consumption. It includes the movement and based on the worldwide logistics, coordinating supply with demand and measuring performance globally Codependent and interrelated obligations channels and businesses are complex nodes in the supply of products and services required by end customers in the supply ch...   [tags: organizations. production, goods]

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Barbary Pirates: The Ottoman Empire

- In the early sixteenth century, the powers of the Ottoman Empire grew weary of Europe’s vigorous pursuit of territory, indigenous peoples of which they would take command, and use of natural goods. Piracy as harassment and deterrent began in the Mediterranean with the Barbarossa brothers along the North African coastline, starting in Algiers. As privateering against Spain drew to a close privateers looked elsewhere to continue their craft and found a home with the Barbarossa brothers. (Thomas, Woodward, 2004) Eventually, Europe struck a treaty with the Barbary States to end the continuing war between the powers and brought relative safety to the waters....   [tags: europe, territory, natural goods]

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1085 words | (3.1 pages) | Preview

Living Simply: The Transcendentalists Lifestyle

- Leaving civilization behind and moving to a cabin in the woods would be a challenge for man in today’s society. People today often live complex lives with massive focus on material goods. This is the opposite of living a transcendentalist lifestyle. Transcendentalists believe thought and spiritual things are more real than ordinary human experience and material things. A few of the many ideas Transcendentalism follows are; God as nature, less government and the search for meaning. Reverence of nature is one of the main characteristics of Transcendentalism....   [tags: material, goods, nature, spiritual]

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Presidential Directive on Government Contracting

- Presidential Directive on Government Contracting: The presidential directive in 2009 was geared towards reforming the way in which the government acquires goods and services. The directive provided major federal contracting reforms to an extent that executive agencies could expect more accountability and completion in procurement activities of the federal government. The main reason behind the directive was the need for the federal government to take appropriate measures to lessen wasteful spending, fraud, and overcharges....   [tags: public acquisition of goods and services]

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Online Auctions: A Behavioral Study

- ... These models have been produced for both ascending and descending4 price auctions. The second-bid price auction is what online auction websites use. Here we have a brief introductory about the classical description of second-bid price auction. It is noteworthy to mention that these classical development have done for single-object auctions (Ockenfels,Reiley,Sadrieh, 2006), while our studies in online auctions are mostly about simultaneous auctions. second-price sealed-bid auction: In this type of auction the one to the last highest bid defines the price....   [tags: economy, auctions, consumer, goods]

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2064 words | (5.9 pages) | Preview

Exploring Discount Coupons in India

- InlifeHealthCare Coupons Today, the world is facing some serious environmental change, with pollution levels rapidly increasing. As a result of this, the quality of food consumed by commoners is fast deteriorating. This in turn shoots up the stress levels in human beings. INLIFE Healthcare is a company which was founded to offer scientifically approved nutritious health supplements containing natural ingredients which would ameliorate the health and fitness of individuals. It joined hands with to provide an array of inlifehealthcare coupons, which help in acquiring such products that are beyond the reach of average earning citizens....   [tags: services, goods, products]

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855 words | (2.4 pages) | Preview

The Globalization of Trade

- The exchange of goods and services has taken place for millennia. However, trade has undergone a critical shift in the past half century as international trade has become increasingly globalized. The fundamental macroeconomic shift toward a globalized economy has affected the health sector – including the trade of health-related goods and services – in a number of ways. We can see the deep impact macroeconomics has on the health sector by looking closely at several trends affected by globalization....   [tags: goods, macroeconmics, interconnectedness]

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1166 words | (3.3 pages) | Preview

Factors that Affect Profitability

- Procedures that you need to follow when exporting After establishing that South Korea is an economy with an increasingly more liberal economy, there are some problems for foreign direct investment, mainly through non-transparency and burdensome regulations (Heritage Foundation). In order to take it a step further and to perform a complete analysis of the business environment, it is necessary to compare the business procedures when doing business. As an industry, the imports of foreign goods procedure will be analyzed and contrasted with neighboring countries in order to have a complete snapshot of the business environment....   [tags: Business, Exporting, Foreign Goods]

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1482 words | (4.2 pages) | Preview

What Socialism Really Is

- Socialism refers to a system in which production and distribution of goods and services is a shared responsibility of a group of people. Karl Marx developed the theories of socialism. He believed that socialism is the transitional period between capitalism and communism. In a state of socialism, there is no privately owned property. Under Capitalism, manufacturing enterprises dominate the economy but are privately owned and is operated to generate wealth for the owners and only a small fraction of the money is paid to the workers....   [tags: distribution of goods, shared responsibility]

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1055 words | (3 pages) | Preview

International and Global Trade

- ... The triggering of the crisis is because of the speculative attack on currency, and the decrease of the exchange rate in global and important countries. In banking it is because of the large banks inability to pay their debts. The type of Systematic risks behind this foreign exchange can be a linkage from one country through another third market country. It is way too many problems with government exchange polices. It is difficult to identify the people who are able to pay their own debts. In December 2013 the United States balance of trade recorded that it had a trade deficit of 38 million which was reported by the Census Bureau....   [tags: exporte, importer, goods, international]

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1172 words | (3.3 pages) | Preview

Should Companies Price Discriminate?

- Should companies price discriminate. 1. Introduction Price discrimination is nothing new. It has been round for years but has recently risen to the forefront of the media as a potentially unfair means of selling products. In its simplest form, it is nothing more than the butcher or the baker selling off his wares at the end of the day at a much cheaper price in order to move on the goods rather than store them or even throw them away. Immediately after the Second World War, the newly nationalised British Railways Board, having discarded third class travel realised that one of the smartest means of filling under-utilised carriage stock in the periods between the peaks was to introduce off-pea...   [tags: products, selling, market, goods]

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1211 words | (3.5 pages) | Preview

Globalization and Free Trade

- As cost of transportation and communication becomes reduced, corporations are no-longer constricted by borders. Innovation of technology has created a worldwide web making distance and geography no longer relevant for economic purposes. In today’s world, when conditions are right, it is just as easy to do business with someone across the globe as it is with someone across your street. Globalization has opened the doors to economic freedom, and economic freedom became the trigger for international free trade and overall economic expansion....   [tags: goods, products, corporations]

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1101 words | (3.1 pages) | Preview

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