three factors that influence bp's strategic tactical operational and contingency planning

  • Strategic Planning

    The marketing services of XYZ#1 Marketing (2005) are aimed at business plan development, strategic marketing planning, and promotion of that plan and products. The site presents the business plan development as a marketing function. This is in agreement with Peter and Donnelly (2010), which states that marketing management, should be involved at the high level of business plan development. This strategic planning is where they start when promoting their marketing services. The best

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  • Strategic Planning

    . 8. 9. CPM – Competitive Profile Matrix (Example: Chapter 3 : p. 103) | | | | Critical Success Factors | Weight | Rating | Weighted Score | Rating | Weighted Score | Rating | Weighted Score | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | |   | | | |   | | External Factor Evaluation (EFE) Matrix (Example: Chapter 3 : p. 111) Key External Factors

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  • Strategic Planning

    education and care facilities and many more. The emergence of health care organizations has brought with it challenges of management of this organizations to ensure that they achieve their intended objectives. To ensure that these organizations are successful it is necessary that they stick to their main objectives and use strategic planning and engagement tools to ensure that they come up with the best policies and guidelines that respond accurately and in a timely manner to the needs of the people

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  • Strategic Planning

    What is Strategic Planning? Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an

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  • Strategic Planning

    . Additionally, another important step would be to form a team who is responsible for the development of SPP and integrate it with the sustainable profile of the company. In order to do so the manager needs to benchmark with different companies and adapt the best practices that have helped them emerge as a leader in incorporating sustainability into their strategic planning. Frameworks like Baldrige Performance Framework, European Foundation for Quality Management (EFQM) Performance Framework, etc. can

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  • Financial Contingency Planning

    Justice’s (DOJ’s) Federal Bureau of Investigation’s (FBI) Criminal Justice Information Services (CJIS) Division’s Lasting Impressions Child Development Center (LICDC). In addition to possible sources of revenue, temporary assistance, and funding assets as part of financial contingency planning, the paper will discuss the following: public-private partners; nonprofits; bond issuance; grants; multi-level government financing, and the effects of taxation. Also the paper will evaluate the role that

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  • Strategic Planning

    even by the end of the first year. If the profitability is at break even by the end of the year, a new goal can be set for each year after that. Customers The three strategic objectives for the customer quadrant are improve customer satisfaction, improve customer values, and customer retention. These three objectives are measured with market share and customer surveys. Each objective has been given a percentage of increase to be

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  • Strategic Planning

    Using Market Segmentation for Better Customer Service andMore Effective Strategic PlanningA White Paper for Public and Academic LibrariesCIVICTechnologieswww.civictechnologies.com November 2009CIVICTechnologiesTable of Contents1.0 Purpose2.0 Introduction3.0 Market Segmentation Basics4.0 Differentiation through a Customer-Centric Approach5.0 Building Blocks of Tapestry Segmentation6.0 Tapestry Library Applications7.0 Conclusion8.0 ReferencesList of FiguresFigure 1: Business Applications of

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  • Strategic Planning

    INFORMATION TECHNOLOGY (IT) STRATEGIC PLANNING Information Technology (IT) strategic planning Nilsa Barnes Stevens Henager College Professor: Niemira John Information Technology and Society/ MBA605A March 27, 2010 Information Technology (IT) strategic planning This paper will give the readers a view of a preparation of an analysis of Information Technology. Analysis and justification is how IT adds value and increases the institution's ability to

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  • Strategic Planning

    Introduction Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization

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  • Contingency Planning

    those most in need when a disaster occurs. Time spent in contingency planning equals time saved when a disaster occurs. Effective contingency planning should lead to timely and effective disaster-relief operations. The contingency planning process that PRAN follows can basically be broken down into three simple questions: • What is going to happen? • What are we going to do about it? • What can we do ahead of time to get prepared? When forecast are available and premises are established

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  • Financial Contingency Planning: Sources of Funding

    Chemical Dependency Counseling in Prison Financial Contingency Planning is essential to the success of any chemical dependency counseling program. There are many problems that can surface in the financial sector of the organizations and can result in high costs for the organization. A contingency plan in place can reduce the harmful effects of the challenge that surfaces. The development of financial contingency plan is through strategic scenario planning and develops the actions to be

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  • Strategic Planning

    simply, it is a process by which we look into the future, paint a picture of that future based on current trends, and influence the forces that will affect us. Strategic planning looks three to five years ahead. It charts a definite course based on strong indicators of what the business environment will be like in those years. Indicators include census demographic statistics, economic indicators, government policies, and technological advances. They reveal strong trends regarding changes

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  • Strategic Planning

    Planning Strategic Planning Process Shelia Quinn Keiser University Dr. Jeff Ritter Marketing Management Knowledge and Skills MKT531 March 7, 2013 In order for individual departments in an organization to come up with a business plan, there must be a plan in place for the entire organization. This plan must meet the needs and add value for the customers, employees, and investors (Peter & Donnelly, 2013, p. 7). In order to arrive with a comprehensive plan, strategic planning must

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  • Strategic Planning

    Term Paper: Strategic Planning & Performance Improvement Carlos N. Green Saint Gregory August 17, 2013 Abstract This paper takes a look at the effectiveness of the strategic plan and performance improvement in the healthcare organization that I have been a part of for the last 13 years. I am knowledgeable of the organizations’ strategic plan and have seen its growth. It will take the side of showing how a local non-profit organization has proven to be effective by

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  • Strategic Planning

    historical, current, and forecast data on the operation and environment of a business, (Pearce, 2013). Considering the values and priorities of influential groups like stakeholders, managers evaluate the data found in strategic management process and formulate strategy that achieves the company’s long-term mission. Establishing a vision, mission, purpose, and philosophy or goal is another important part of strategic planning. A company mission is, “The unique purpose that sets a company apart

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  • Strategic Planning

    Amazon: Strategic Planning FIN/370 January 13, 2014 Christopher Hernandez Strategic Planning Initiative Amazon.com’s strategy is to service consumers, sellers, enterprises, and content creators through a website that provides conveniences, competitive pricing, and product selections (Amazon, 2013). This strategy has help to build Amazon into an online provider that services a domestic and international market. This paper will discuss the strategic planning initiative of Amazon.com

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  • Strategic Planning

    Introduction: Bajaj Auto is one of the largest Indian Automobile company founded in 1926 by “Jamnalal Bajaj”. Bajaj Auto is fourth leading two wheeler and three wheeler manufacture in the globe. It has three plants in India; Chakan (Pune), Wauij (Aurangabad) and Panthnagar (Uttaranchal). Bajaj is manufacturing and export Motor Cycle, Motor Scooter and Auto Rickshaw. Bajaj auto is listed in Indian stock market. It has revenue of 81.06 billion rupees in 2005 with the net income of 11.016

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  • Strategic Planning

    future. The company goal is to grow sales three to five percent over a long-term, with a strategy plan that emphasizes on building and enhancing its brand names, pursuing channels, packaging, and categories that are profitable, and improving operating efficiency to name a few. The strategic plan that defines DPS mission, strategy, decision making, and allocating resources will allow the company to succeed in the direction or goal that is wanted to be achieved. If DPS continues to provide

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  • Strategic Planning

    Using your book and the internet, find definitions of strategic, tactical, and operational objectives and plans.  Submit those definitions & an outline of your strategic, tactical, and operational objectives/plans to accomplish your mission of gaining a college education. Strategic Plan: Contains answers to who, what, where, when, how, and how much for achieving strategic goals - long-term, companywide goals established by top management (p.89) Tactical Plan: Developed by middle managers

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  • Strategic Planning

    Contents 1.Introduction: 1 Company Profile: 1 Mission and vision statement: 1 Goal and Objective: 1 Core competence: 3 1.1: Strategic Planning alternative of Silk Cafe: 3 SWOT Analysis: 3 BCG matrix: 4 2. Environmental factors and Organizational analysis of Silk Cafe: 5 2.1: PEST Analysis: 6 Political Factors: 6 Environmental factors: 7 Social Factors: 7 Technological Factors 7 2.2:Significance of stakeholders on Silk Cafe: 7 3: Possible alternative strategies

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  • Strategic and Operational Planning

    Marc Malone Strategic and Operational Planning May 17, 2010 “Within an institution of higher education, who should have access to various types of data in order to enhance their performance in their work role(s). Who should make the determination of access of what data?” In order to enhance performance in work roles in institutions of higher learning, it’s suggested that the faculty/staff should have access to the various types of data. These should include administrators, educators

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  • Strategic Planning

    I. Introduction to Strategic Planning in Administration There is so much Strategic Planning that goes into Administration that many people are unaware of. Often the administration team is swept under the rug and what we do goes unnoticed because Administration is associated but not limited to filing, answering phones, making copies, coordinating meetings, putting together policies, maintain websites, paying vendors, developing academic programs, maintain reports with parents and so forth

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  • Strategic Planning

    Strategic Plan Nicholas Harvey MGT/498 June 8, 2014 Erick Aguilar Strategic Plan At Riordan cohesiveness is the word that we want to best describe our internal culture as well as how we formulate and implement our business strategy. Although the company is departmentalized, ultimately we are one team with one mission and that is to put out the best quality product while using the most cost effective methods possible. Although there will always be unforeseen occurrences in business we

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  • Strategic Planning

    Many law enforcement organizations have strategic plans, however, they appear to rarely be used as a true roadmap for the direction and destination of the agency. Rather; it seems like strategic plans are one of those things that you read or hear about that if you are a good manager or leader should have on the shelf someplace and the agency moves on. There are perspectives on both side as to the value of a long range plan for an organization. In your opinion, how important is a

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  • Operational and Strategic Plan

    ESPN OPERATIONAL AND STRATEGIC PLAN Arthur D. Grimes MGT 521 July 29, 2013 Thomas Vincent ESPN OPERATIONAL AND STRATEGIC PLAN The United States number one broadcasting network whose emphasis is sports is ESPN. ESPN is a multimedia, global sports entertainment company that operates eight television networks, a radio network, and a magazine and has an estimated 150 million subscribers in 200 countries according to ESPN Parent company Walt Disney May 2012 SWOT analysis ESPN and its ‘sister

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  • Strategic Planning

    STRATEGIC PLANNING * Orchestrate the annual strategic planning and operating budget process to ensure * The right strategic issues and resource allocation decisions are adequately surfaced, evaluated, debated and ultimately incorporated in actionable, fact based business plans and budgets. * Region Plans are consolidated, communicated to senior leadership and evaluated holistically * Refine and develop opportunity maps that help business make right portfolio choices

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  • Strategic Planning

    Discussion #2 Week 1 Strategic planning plays a vital role in the success of an organization. It takes a team of individuals with leadership abilities to forecast the productive outcome for an organization. The team comprises of managers or executive members who should share the same vision for the success of the company. “Strategic managers are the executives responsible for the overall performance of the organization” (Stahl and Grigsby, 1997). Within an organization, strategic managers

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  • Strategic Planning

    refers to: * external factors (external downside risks) and * Risks from operations (operational risk). 4.3.3. External downside risks * External factors as a subcategory of event risks only refer to those external factors such as natural disasters and robberies. * External factors such as interest rate changes and consumer demand that may have either a negative or positive effect on the enterprise, form part of the speculative risks and are not included in this

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  • Strategic Planning

    Rogers’ Chocolates As part of your internship with Rogers’ Chocolates, Mr. Steve Parkhill has asked that you evaluate strategic growth options available to the company and make recommendations that will allow the company to achieve 200% - 300% growth within the next 10 years. Your recommendations should be based upon the results of an industry and competitive analysis of the premium chocolate industry and an analysis of Rogers’ Chocolates internal situation. Please prepare a report not

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  • Strategic Planning

    statement of CMC is one of great importance to the staff and board members. By complying with patients and offering help to those in need, the hospital will see itself going in a brand new light (Harrison, 2010). References Harrison, J. P. (2010). Essentials of strategic planning in healthcare. Chicago, Ill: Health Administration Press.

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  • Strategic Planning

    Ethics Reflection Alicia Zisumbo STR/581 September 23, 2014 Shad Slaughter Ethics Reflection A strategic plan is an important part of business development because it defines the organization’s strategy, decision-making and the path the company takes in order to succeed. The social responsibility an organization has on the community is how it accomplishes its business while it meets its obligations to society and the environment. Ethics plays a strong role in a company’s strategic

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  • Strategic Planning

    COLLEGE OF BUSINESS FIRST SEMESTER SESSION 2013/2014 BKAS 3103 INFORMATION SYSTEMS STRATEGIC PLANNING GROUP A INDIVIDUAL ASSIGNMENT : ”THE THREE ERA’S” PREPARED BY: NADIA ABDULLAH 213802 SUBMITTED TO : PUAN RAJA HASLINDA BINTI RAJA MOHD. ALI SUBMIT DATE: 3RD OCTOBER 2013 Three-era model is the era consists of data processing, management information system and strategic information system. Data processing (DP) is a process to convert for a set of inputs which is

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  • Strategic Planning

    survey said that customer service and technology Is the problem. What curses this problem I believe it is the lack of training of employee and also not updating our technology and keeping up with the latest trends in the industry. Planning to plan Members of Strategic Plan Sheila Petit-Phar Claudette Kelly France Osias Mark James Joe Peterson Jessica Davis Katie Nolan Why they are choose those persons France Osias………….Owner/CEO Joe Peterson

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  • Strategic Planning

    * Time related Influencing factors Three main factors influence the strategic planning; * Stake holders * Business environment * Business type and who owns it Stakeholders Different organizations have different groups of stakeholders. The influence of these stakeholders varies with the type of organization. Business environment This is all of the outside influence on a business. These include government actions, actions by competitors and changes in the law. Business

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  • Strategic Planning

    Strategic planning is important because it plays a major role in the management function of an organization. Strategic planning is a tool that is used by management to carry out the mission or goals of the organization. Strategic planning is also a guide that helps the organization to function better and ensure that the members of the organization are doing what is expected or working towards the same goals. This process can be considered as a form of discipline as well because one follows a

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  • Strategic Planning

    Strategic Planning Mike Caywood 05/31/2015 SPT-600 Being a sports fan today can be costly not only when you go to a game with your family but also when you know that part of your tax money is going towards the building of a new ballpark in your area. Within ten minutes of my house in Kansas City, Kansas we have had two stadiums built within the last 12 years, Sporting KC Park (MLS) and Community America Ballpark (minor league baseball). Sporting KC park was built using STAR bonds (only

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  • Strategic and Operational Plans

    Strategic and Operation Plans MGT/521-Management Strategic and Operational Plans Planning involves defining the organization’s goals, establishing strategies for achieving those goals and developing plans to integrate and coordinate work activities (Robbins & Coulter, 2012). Before planning can occur, review the mission and/or vision statement as the goals will reflect those statements. Another important aspect to planning is performing a SWOT analysis. A SWOT is an internal

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  • Strategic Planning

    Strategic planning Despite the corporations overwhelming success, it is apparent that Target Corporation has remained effective at managing remarkable risk exposure throughout its history. For example, the economic crisis that occurred between 2008 and 2009 plunged businesses organizations into challenges. Also, there are has been continued calls for business organizations to all sizes to have more robust enterprise-broad risk oversight. The management at Target Corporation has continued the

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  • Strategic and Tactical Tools for E-Business

      Copenhagen Business School    Cand.merc.it (E­business)    Strategic And Tactical Tools For E-Business   Case Report ­ Online Branding at UnME Jeans  &  Short essay on disruptive Technology      Hand­in date: 24/11­2014    This exam includes two sections: One short essay and a case report.                Characters including space (short essay): 4536    Characters including space (case report): 17912    Pages (disruptive): 2 pages  Pages (case report): 7,9 pages

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  • Strategic Planning

    goals or factors can range from: finances, public relations, policy development, personnel recruitment or overall strategic planning in light of student performance. This strategic plan will focus on the financial aspects of an organizations plan. Establishing and implementing effective financial policies are fundamental in an educational organizations success. One essential component of a strategic plan is the establishment of financial policies and procedures. Financial policies are the

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  • Operational Planning

    , misunderstandings or any confusion, we can implement procedures. Through consultation, I am confident that we can put those factors in a positive light and continue to achieving our project’s goal. Page 15 of 24 DIPMGTOP14 Operational Planning Submitted by Tim Avenel Dated: 21/03/2015 KPI DEFINITIONS KPI 1 : PERCENTAGE CUSTOMER TAKEUP OF REUSABLE CUPS OVER NON REUSABLE CUPS Definition Target percent band as at project commencement 65% with a tolerance of 10% above or below/ tar

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  • Strategic Planning

    Strategic Planning and the Nursing Process Paper Nursing practice now requires that nurses be involved in strategic planning process. Strategic planning is a process by “which the guiding members of an organization envisions its future and develop the necessary procedure and operations to achieve that future (pg242).” This paper compares the strategic planning process with the nursing process. Strategic planning there is a process used to keep you on track determines a position and develops

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  • Strategic Planning

    1. Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? Identify possible factors such as core competencies, economies of scale, and economies of scope that might underlie its success as a diversified conglomerate (chaebol). Which do you consider its key success factors? The meaning of conglomerate is that an enterprise that diversifies into a market that has no connection to the market in which the enterprise is operating for the moment. Conglomerate is a

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  • Strategic Planning

    work units can make with the resources that are given. (Kincki & Williams 2015) A tactic is a method intended to fulfill a specific objective in the context of an overall plan. Operation control is regulative to schedules, specifications and costs. Operational planning is the process of linking strategic goals and objectives to tactical goals and objectives. Operation Control can be a very big job requiring substantial overhead for management, data collection, and operational

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  • Strategic Planning

    , incomplete, and unsuccessful projects. CanGo’s next steps regarding strategic planning is to identify and prioritize both short and long term goals. Short-Term Goals: 1) Implement weekly team meetings between managers and subordinates 2) Re-evaluate subordinates: Identifying strengths/weaknesses 3) Indentify a formal hierarchy regarding how information is shared and communicated Long-Term Goals: 1) Develop a comprehensive strategic plan that identifies the organization’s goals

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  • Strategic Planning

    deciding what we should do and how. Evaluate Goals Since we haven’t had any strategic planning in the past, we had no defined corporate or business goals. We were like a feather in the wind; working day by day. Our goals were at most tactical and operational that depended on the situations. We usually had 1~3 months span goals like getting a new job finished, marketing a project, getting a deal closed, affording the running costs for 3 months ahead, and so on. We haven’t had strategic goals in

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  • Strategic Planning

    that true? How do I create them? • How will I know if our plan is successful? Section three will provide a sample strategic plan for those organizations without a plan. The internet is an excellent source for examples of strategic plans and planning. Those state organizations with an existing strategic plan should continue working with their existing plan and need not make adjustments unless the plan is missing one or more of the basic strategic planning steps identified in this

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  • Strategic Planning

    Developing a Mission & Vision Statement that Aligns to the Church’s Strategic Plan A church’s strategic plan provides structure, accountability, and directional oversight as the church reaches out to church members and to those within their community. A church is most effective in planning, executing, and evaluating the success of its ministry when it is actively operating under the clear understanding of its mission, vision, and purpose statements. “Being strategic [in ministry] means

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  • Strategic Planning

    vision, mission, and values guide the organization’s strategic direction. The vision, mission and values statement of This and That Boutique will provide the structure, goals, and objectives of the boutique. Our vision is the goal of the boutique and will strive to achieve our mission and align our values for achieving our strategic plan for the boutique. Our values will set us on the course for the success at This and That Boutique. Employees will perform their daily duties that align with

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