An application of bi called sales forecasting enables the continuous and in-the-moment analysis of operational data to assess current performance and predict future performance.
The predicting of sales:
One of the most crucial parts of every organization is the ability to forecast revenue. This information is essential for decision-making for everyone from your sales team to your CEO because it can mean the difference between success and failure.
The usage of business intelligence (BI) technologies is one method that companies are beginning to improve their forecasts. A variety of data is available from BI tools, which you can use to improve your forecasting skills.
Businesses can use data mining, data analysis, and visualizations to better understand their operations through the use of business intelligence.
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What are the factors of production involved in starting a business?
Answer:
land, labor, capital, and entrepreneurship.
Explanation:
Factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories
levi is an experienced marketing strategist for a software company that sells a learning platform to public schools. he has developed healthy individual measurement habits that drive his success in constantly evolving his company's marketing strategies to the changing needs of the schools.
He runs checks continuously, growing statistics factors that help tell essential strategic decisions. He isolates and analyzes facts that stop failure, which optimizes the effects of his experimental marketing campaigns.
He maintains all sales records in his CRM’s private dashboard, liberating his teammates from seeing records that will distract them from doing their jobs. He starts offevolved his day by way of looking at how properly he's doing on his business enterprise’s key performance indicators. He segments records the usage of his enterprise’s CRM dashboards, giving his employer get right of entry to the facts that power their decision-making.
Levi objectives especially excessive-give-up customers. The company no longer sets the expenses of its merchandise based on the extent of competition. consequently, the costs of Levi's products remain unchanged regardless of the growth in competition. Levi Strauss's strategy is to enforce a wishes-based segmentation technique to channel management.
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In economics, the pleasure, happiness, or satisfaction received from a product is called.
In economics, the pleasure, happiness, or satisfaction received from a product is called: utility.
Is the pleasure happiness or satisfaction obtained from consuming a good or a service?In economics, utility is the enjoyment, benefit, or value a customer obtains from a good or a service. Customers do not accept "good enough" as a solution, to put it another way. A util is a metric used to measure happiness or satisfaction.
What is a "utility"?The consumption of the hamburger has boosted the consumer's utility, according to every economist. Most economists agree that individuals are naturally utility-maximizing agents that base their choices on the anticipated advantages of alternative possibilities. The disputable components are utility's application and measurement.
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a decrease in the price of eggs, all other things unchanged, will result in a(n): increase in the demand for eggs. increase in the supply of eggs. greater quantity of eggs supplied. greater quantity of eggs demanded.
The right response is Option D
A decrease in the price of eggs, all other things unchanged, will result in a(n) D) Greater quantity of eggs demanded.
The entire amount of an item or service that customers desire during a specific time period is referred to as the quantity demanded in economics. The quantity required is influenced by a product or service's pricing in the market.What are the amount and kind of demand?The quantity of an item or service that customers are willing and able to purchase at specific pricing during a specific time period is known as demand. The amount of an item or service that will be purchased at a specific price at a specific time is known as the quantity demanded.To learn more about Quantity of a demand, Click the links.
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an analyst who wants to examine a firm's financing transactions during the most recent period is most likely to evaluate the firm's statement of:
An analyst who wants to examine a firm's financing transactions during the most recent period is most likely to evaluate the firm's statement of cash flow.
What is a transaction?
The transaction can be defined as an exchange that can be of a commodity or of money full stop it can be related to buying or selling of a product or a service. For example, if a person buys a television, he gives the money in exchange.
Financial analysis is time to see the financial records of a company or a form that would likely evaluate the cash flow with tells how much of a business or transaction have been done.
It basically tells about the cash inflow and outflow. It is related to rent, utilities, wager, etc.
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a contraction period is characterized by the following attributes: businesses that are operating lower productive capacity, unemployment, low retail sales, prices and interest rates, a declining stock market, and expectations of business profits.
Economic cycle is defined as the fluctuations of the economy between the period of expansion and contraction.
There are four stages of economic cycle :
Expansion, peak, contraction, trough
Under the stage of contraction, the business flow is slow as low retail sales, prices, interest rates. The correction will takes place in this stage and economy started recovering in the next stage that is trough.
It is very important to insight the economic cycle for taking major decisions regarding investment and business.
This cycle goes in cyclic pattern.
The investors will invest more in the contraction period because rates were relatively low in this stage.
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You buy a $100 ticket to a theme park and once inside you can ride on as many rides as you want at no extra cost. In this case, the opportunity cost of going on each ride will be zero. True or false?.
It is incorrect to state that in the given statement, the opportunity cost of going on each ride will be zero. hence, it is a false statement regarding opportunity cost.
What does an opportunity cost?The opportunity cost is a concept used in microeconomic theory to describe the value or advantage lost when choosing one activity over another. Simply put, it implies that you lose out on the opportunity to engage in another activity if you choose one.
hence, It is incorrect to state that in the given statement, the opportunity cost of going on each ride will be zero. it is a false statement regarding opportunity cost.
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as long as a manager has a good knowledge of the law, it is not very important to be concerned with attempting to prevent legal situations from arising.
As long as a manager has a good knowledge of the law, it is not very important to be concerned with attempting to prevent legal situations from arising. False.
Law is a set of regulations that are created and enforceable with the aid of social or governmental establishments to alter conduct, with its particular definition a depend of longstanding debate. it has been variously described as a technology and the art of justice.
Laws are regulations that bind anybody dwelling in a network. laws protect our preferred safety, and ensure our rights as citizens in opposition to abuses by means of different people, by businesses, and by means of the government itself.
In society, the law is needed for principal reasons: to manipulate the behavior of human beings according to society's norms together with contract laws, regulatory legal guidelines, prohibition legal guidelines, private laws, and so on. To balance the damage finished by using the sufferer in opposition to the character and society in popular.
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Freedom of ensures that entrepreneurs and private businesses are free to obtain and use economic resources to produce their choice of goods and services.
Freedom of enterprise ensures that entrepreneurs and private businesses are free to obtain and use economic resources to produce their choice of goods and services.
Freedom of enterprise way that marketers and organizations have the freedom to attain and use sources, to provide merchandise of their choice, and to promote those merchandise in the markets of their preference.
Free enterprise, also called unfastened market or capitalism, is an economic system driven by the aid of supply and call for. Personal corporations and customers control the market with little to no interference from the government. With this kind of device, the authorities does no longer have an important plan for the country's economic system.
The overall wealth of America has been performed due to the unfastened enterprise device. The U.S. has a confined authority, and that feature extends to financial picks; most decisions about what, how, and for whom to supply are left to market forces in preference to authorities' dictates.
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the of a business, agency, household, or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.
'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.
Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.
Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.
Financial Management is defined as the management and analysis of money and investments for the purpose of making business decisions by individuals or organizations. An example of financial management is the work of a company's accounting department.
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A(n) _________ is a firm owned by your financial institution or a sister firm owned by the same company that owns your financial institution.
A(n) affiliate is a firm owned by your financial institution or a sister firm owned by the same company that owns your financial institution.
A agency, abbreviated as co., is a prison entity representing an association of people, whether herbal, criminal or a combination of both, with a specific goal. organisation contributors share a not unusual purpose and unite to achieve unique desires.
An company is a legal entity formed by means of a collection of individuals to interact in and operate a commercial enterprise in a business or industrial ability. An employer's business line depends on its structure, which could vary from a partnership to a proprietorship, or even an enterprise.'
A company is a kind of commercial enterprise shape that is a separate felony entity from its owners. it is a complicated enterprise structure, with better set-up and administrative prices because of extra reporting requirements and higher-degree felony duties.
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from the information about chobani in the case and at the start of the chapter, (a) who did hamdi ulukaya identify as the target market for his first cups of greek yogurt and (b) what was his initial "4ps" marketing strategy?
A. Target market for Chobani Greek Yogurt. Hamdi Ulukaya saw his Chobani Greek Yogurt as appealing to all American consumers—the mass market—when he first introduced his Greek Yogurt in the United States.
B. Chobani's initial 4Ps marketing strategy. Consists of the following marketing actions:
What is Marketing strategy?
A marketing strategy is a long-term plan for achieving a company's goals through comprehending customer needs and creating a distinct, sustainable competitive advantage.
Therefore,
From the information about chobani in the case and at the start of the chapter, (a) who did hamdi ulukaya identify as the target market for his first cups of greek yogurt and (b) what was his initial "4ps" marketing strategy?
A. Target market for Chobani Greek Yogurt. Hamdi Ulukaya saw his Chobani Greek Yogurt as appealing to all American consumers—the mass market—when he first introduced his Greek Yogurt in the United States.
A. Chobani's initial 4Ps marketing strategy. Consists of the following marketing actions:
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chet bowes owns his own landscaping business, including all the land on which the company grows its plants, and all the equipment. chet's son josh has just graduated from college with an architectural landscaping degree. chet hopes to retire in a few years and turn the business over to josh, and josh will inherit the business when chet dies. this is an example of the in a capitalist system. multiple choice right to have a job right to private property right to compete right to freedom of choice
This is an example of Right to private property.
The fifth amendment protects the right to private assets in ways. First, it states that a person won't be disadvantaged by belongings via the authorities without “due technique of law,” or truthful methods.
One is the special right to the services of the useful resource. thus, for instance, the proprietor of a condominium with entire belongings rights to the rental has the right to determine whether or not to lease it out and, in that case, which tenant to lease to; to live in it himself; or to apply it in every other peaceful way..
Everyone has the proper to own assets on my own in addition to in association with others. no person will be arbitrarily deprived of his property.” So declares article 17 of the 1948 usual announcement of Human Rights.
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business communication essentials, by courtland l. bovee and john v. thill. 8th edition. upper saddle river, n.j.: pearson education, 2018.
The fundamentals of business communication are crucial for crafting succinct, accurate, and persuasive messages in matrixed and cross-functional companies.
Business communication depends on the exchange of information between individuals or groups both inside and outside the organization.
The development of an organization is showing to be greatly aided by the fundamentals of corporate communication. In the age of fierce competition, businesses cannot afford to be obsolete. Effective and fundamental business communication abilities raise the value of a brand by clearly communicating the concepts and goals that underpin it and by fostering organizational growth. With the fundamentals of corporate communication abilities, the company will prosper and soar to new heights.
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larry wants to hold an event that covers dual special needs plans (dsnp). he will use the slide presentation provided by unitedhealthcare to explain the plan benefits and will help consumers complete enrollment applications at the end. what type of event does larry need to conduct? educational event, formal marketing/sales event, formal educational event, informal marketing/sales event, informal
Larry wants to host a gathering to discuss dual special needs plans (dsnp). He will go over the benefits of the plan using the slides provided by United Healthcare, and at the conclusion, he will assist customers in filling out enrollment forms. Does Larry need to host a formal marketing or sales event?
For those with both Medicare and Medicaid, UnitedHealthcare offers Dual Special Needs Plans (D-SNPs). These plans often go above and beyond what Original Medicare offers in terms of benefits and features, including assistance in coordinating treatment and benefits. A Dual Special Needs Plan can be obtained by those who qualify for it for as little as a $0 plan premium..
Health insurance of this kind includes twin special needs plans. For those who are covered by both Medicaid and Medicare. You are "dual-eligible" if that applies to you. (That's just another way of expressing that you can have both Medicaid and Medicare.)
Dual Special Needs Plans are for those who might benefit from additional assistance. That might be as a result of finances, limitations, age, or health issues. One kind of Medicare Advantage plan is called a dual special needs plan. Dual Special Needs Plans are frequently abbreviated as D-SNP. They all have the same meaning, by the way.
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List the manpower of medical field
Is the list of manpower ofedical field doctor
Explanation:
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Cultures that score high on the Uncertainty Avoidance Index
O seldom experience much stress.
O take an empirical approach to knowledge.
O enjoy ambiguity.
O value security and try to always follow the rules.
Answer:
seldom experience much stress.
Explanation:
countries that have high levels of uncertainty avoidance tend to be less stress-prone and more likely to take an empirical approach to knowledge. They also generally enjoy ambiguity and value security.
It is difficult to say definitively what the effects of scoring high on the Uncertainty Avoidance Index are, as every culture is different. However, in general, it seems that cultures that score higher on this index tend to experience more stress, take an empirical approach to knowledge, and value security more. They may also try to always follow the rules, which can lead to a feeling of rigidity.
the entity that normally is supposed to determine whether an academic researcher's conflic of interest can be managed is
A conflict of interest committee is the entity that normally is supposed to determine whether an academic researcher's conflict of interest can be managed.
What is conflict?Conflicts arise from disparate interests, points of view, or even philosophical notions. Conflict will always exist in society because it might stem from personal, race, class, caste, political, or even international issues. In disagreements that are emotional, intellectual, or theoretical, academic recognition may or may not be a key motivator. Cultural conflict is a form of intellectual conflict that, due to diverse cultural conventions and beliefs, tends to get worse over time.
Group conflicts typically follow a predefined course. An internal conflict, which is typically sparked by conflicts between the group's members, internal disagreements, or a lack of resources, initially interrupts normal group interactions.
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investors utilize the interest rate to value the stream of cash flows associated with bond investments. (enter only one word.)
Investors utilize the market interest rate to value the stream of cash flows associated with bond investments.
Bonds are an important part of the capital markets, so investors and analysts want to know how the various features of a bond interact to evaluate its intrinsic value. Investors utilize the market interest rate to value the stream of cash flows associated with bond investments.
Bond valuation entails evaluating the current value of a bond's anticipated future cash flow or coupon payments, as well as the bond's value on it by face value or maturity. Investors use bond valuation to measure what rate of return is needed for a bond investment to be beneficial because the bond's interest payments and par value are fixed.
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question mode multiple choice question melton's door company pays rent on the building facilities of $5,000 on may 1. show how to record this transaction in the accounting equation of melton's door company. multiple choice question. cash will be increased. rent expense will be increased. rent expense will be decreased.
The fact that Melton's Door paid rent on the building facilities would affect the accounting equation is rent expense will be increase.
How will the accounting equation be affected?The accounting equation is:
Assets = Equity + Liabilities
The cash that was used to pay the rent will have the effect of decreasing the assets. As a result, either the liabilities or the equity will need to decrease.
This decrease will come from the equity because the rent will increase and cause a decrease in revenue which is equity.
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ethical leadership approaches are concerned with the character of leaders, the duties they serve, the decisions they make, and the outcomes they produce.
Is it true, yes.
What exactly is moral leadership?
Two women are being taught on laptops by the leader at the boardroom's whiteboard.
"Leadership displaying and supporting normatively proper conduct via personal acts and interpersonal relations" is the definition of ethical leadership. When it comes down to it, this essentially implies that appointing individuals to management and leadership roles who will advocate for and serve as examples of proper, ethical behaviour in their actions and interactions at work is ethical leadership.
Today, ethics are a topic of discussion and rising importance in the business sector. Therefore, it is crucial to comprehend, cultivate, and recognize ethical leadership in the business sector.
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dubaiworks manufactures angular contact ball bearings for pumps that operate in harsh environ¬ments. the company invested $2.4 million in a process that resulted in net profits of $760,000 per year for five consecutive years. what rate of return did the company make?
The total return of investment that the company made is 31.67%.
According to the information given in the equation
that the amount of investment is $2.4 million and the net profits earned form investment is $760,000 per year for 5 years.
P - is the cuurent value of money (or starting amount of investment),
F- is the future value of money
at a designated time.
A - is series of equal, consecutive payments made at end of periods defined,
n- is the time period or number of interest period, and
i is interest rate.
P = $2,400,000;
n = 5;
A = $760,000;
i =?
To calculate the rate of return is in the followijng way:
Rate of Return = Profit per year / Investment x 100
$760,000 / $2,400,000 x100 = 31.67%
So, the total return of investment that company made is 31.67%.
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If the united states government raises the income taxes on the wealthiest americans, while increasing welfare payments to the poorest americans, the result will likely be.
If the United States government raises the income taxes on the wealthiest Americans, while increasing welfare payments to the poorest Americans, the result of wealth redistribution will likely be reduced efficiency and increased equality.
What is wealth redistribution?Wealth redistribution is the economic policy of reducing inequality.
However, increasing equality or reducing inequality decreases economic efficiency.
For example, wealth redistribution reduces the wealthy's incentives to increase wealth by producing more goods and services.
Consequently, fewer goods and services (wealth) are produced for society. When this happens, the economic pie is reduced and the economy is less efficient.
Thus, the result of wealth redistribution will likely be reduced efficiency and increased equality.
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the diffusion of innovation theory states that adoption of any innovation happens all at once for all members of the targeted population.
The given statement is False that the diffusion of innovation theory states that adoption of any innovation happens all at once for all members of the targeted population.
What do you mean by diffusion?Th term diffusion is referring to as the process under which an innovation is transmitted through specific channels overtime among the members of a social system.
Adding to it, the main aim of the diffusion of innovation theory is to defines the price at which the customers will accept a new product or service in the market.
Furthermore, this theory is helpful to determine the exact rates as well as the targets or trends occur in the market and helpful for companies to know about the success rate of new launch products and services.
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your company’s financial year starts in february and ends in january. as the administrator, what must be done to make sure this is reflected in salesforce? (choose 2)
Must be done to make sure this is reflected in salesforce-
1. Use your normal fiscal year.
2. Select the start month of the fiscal year.
Salesforce
San Francisco, California serves as the corporate headquarters of Salesforce, Inc., an American provider of cloud-based software. We offer customer relationship management (CRM) software and apps with an emphasis on analytics, application development, and automation of sales, customer support, and marketing. Marc Benioff, a former executive at Oracle, founded Salesforce, which has expanded quickly to become one of the largest businesses in the world and went public in 2004. By 2022, Salesforce will overtake Microsoft as the largest enterprise software provider in the world because to its steady expansion, which made it the first Cloud computing company to generate $1 billion in revenue in 2009.
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A vintner is deciding when to release a vintage of sauvignon blanc. If it is bottled and released now, the wine will be worth million. If it is barrel aged for a further year, it will be worth % more, though there will be additional costs of incurred at the end of the year. If the interest rate is 7%, what is the present value of the difference in the benefit the vintner will realize if he releases the wine after barrel aging it for one year or if he releases the wine now?.
The present value of the difference in benefits the wine seller would realize if he gave up the wine after the barrel had aged for a year or if he gave up the wine now is $328,972 more if he gave up the wine now.
Present value is the future cash flows that are at the discount rate. The value of future cash flows depends on the present value or discount rate determined. If the present value is higher, it is likely that the present value of future cash flows will be lower. To properly value future cash flows, determining the right discount rate plays a very vital point.
For example, if you have $1,000 today, your $1,000 will increase in value a few years from now. This will increase because you can use it for your investment, and in the future, you may get additional rewards. The calculation of present value is very important for businesses because it allows investors to compare cash flows at different times.
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When a speaker uses falling intonation during an informal talk, what does that
it tell the audience?
A. "The speaker is going to talk about a contrasting idea."
B. "Pay attention. This part really matters."
C. "This talk is hard to follow because everything sounds the same."
D. "This speaker is finishing a thought."
If a speaker uses falling intonation during a talk it is likely because "This speaker is finishing a thought." (option D)
What is intonation?In language, intonation refers to a variation in the pitch of one's voice, for example, if one's raises the voice, the intonation changes.
Why is intonation important?Intonation is often adapted depending on the speaker's intention and situation. Here are some examples:
Rising intonation is used to start a new idea.Falling intonation is used to finish an idea.Changing the intonation every certain time can help the speaker maintain the audience's attention.Using the same intonation can cause the people from the audience to lose concentration.Why would a speaker use falling intonation?The most common purpose for using this type of intonation is to finish a thought, this can also apply to finishing an intervention or a message.
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carly’s cupcakes calculated $10,000 in depreciation expense for its baking equipment in the first quarter. what is the adjusting journal entry carly must record to recognize this expense?
Depreciation A/c Dr.$10,000
Assets this will be the adjusting journal entry Carly will do to record to recognize his expenses.
How are depreciation rates for equipment determined?The asset's salvage value—or what you anticipate it to be worth at the end of its useful life—must be subtracted from its cost in order to determine depreciation using the straight-line technique.
What is Depreciation ?Depreciable basis, or the amount that may be written off, is the outcome. By how many years the asset will be useful, divide this sum. Depreciation In a journal entry, the depreciation account is debited and the appropriate fixed asset account is credited to reflect the decrease in the value of the fixed assets as a result of regular wear and tear, normal usage, technological advancements, etc. Following the matching principle is the fundamental goal of a journal entry for a depreciation expense.
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the line (or curve) that represents the combinations of the two goods produced on the production possibilities frontier is a boundary between output levels that are and output levels that are unattainable. (remember - use only one word to fill in the blank.)
The line that represents the combinations of the two goods produced on the production possibilities frontier is a boundary between output levels that are attainable and output levels that are unattainable.
What is the production possibilities frontier?The production possibilities frontier is a curve that assumes an economy produces only two goods. The curve shows the various combination of two goods that the country can produce if its resources are fully employed.
The production possibilities frontier is convex to its origin. Production activities that take place on the curve and inside the curve are attainable. While production that takes place outside the curve is unattainable given the level of resources that the economy has.
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in a recent issue of aarp the magazine, a print ad for state farm insurance annuities advises readers that "the company has helped you enjoy your time with the kids and it can now help you enjoy your time without them." the ad is most likely targeted toward which generational cohort?
In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.
Who are the baby boomers?This is the name that was used to refer to the people that were born at the period that the second word war ended and towards the 1960s. These were the people that were in the United States between the years of mid-1946 and mid-1964,
Hence we can conclude by saying that In the issue of this magazine the people that the ad is most likely targeting would be the baby boomers.
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