Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?
Answers
Answer:
The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.
Explanation:
The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person
What is the insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.
($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.
Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.
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Related Questions
A plant manager had taken a few measures to try to reduce worker turnover. For four months he monitored the implementation of the measures. He now finds that the turnover rate is reduced by 10 percent. Which step of the rational decision-making model is illustrated in the scenario
Answers
Answer:
Evaluating the results.
Explanation:
A Rational decision-making model is demonstrated as the structured and logical decision-making process consisting of various steps beginning from definition and identification of goals to reaching an effective solution after evaluation of plenty of alternatives.
In this situation, 'evaluating the results' is the step of rational-decision making process that is illustrated in this scenario as it aims to assess the effect of the implementation of the best solution selected in the previous step after assessing the problem and evaluating a number of alternatives. This step aims to test whether the solution worked and to give feedback on how to alter future decisions for better results according to this assessment.
A change in demand is represented by a ______ the demand curve while a change in quantity demanded is represented by a _______ the demand curve
Answers
Answer: shift of; movement along
What would a manager increase by providing positive feedback and reinforcing positive attributes of employees
Answers
When a manager provides positive feedback and reinforces positive attributes, this increases employee self esteem.
How can managers improve employee self esteem?Managers are very important in the building of an employee's self esteem to ensure that they are better workers.
Some ways they can do this include giving positive feedback on employee tasks and also reinforcing positive attributes that the employees have to encourage them to do better.
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To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Hiring people because they have great potential for leadership within the
company shows that HR is aware of the need for
A. hiring young people
B. succession planning
C. duplicating skill sets
OD. workforce forecasting
Answers
Hiring people because they have great potential for leadership within the company shows that HR is aware of the need for workforce forecasting. The Option D is correct.
Why is workforce forecasting important for HR department?The process of HR forecasting involves determining how a company's staffing requirements will change over time so that it can be ready to continue operating successfully. HR forecasting helps businesses decide whether to expand their workforce, cut back on employees, or reorganize job duties.
Since they handle hiring, onboarding, and training, HR departments are best suited to carry out this project. Because it helps organizations run responsibly and prevents costs from lost productivity or overstaffing, HR forecasting is crucial.
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Answer: succession planning
jorge realized his core target audience was characterized by common leisure activities (museum visits, polo matches), shopping patterns (preference for boutiques, designer labels), and media habits (readrobb report, wall street journal, financial times). his target audience may be most appropriately characterized by
Answers
Its target audience is best characterized by social class. Social class is the grouping of people into a set of hierarchical social categories, the most common being the upper, middle and lower classes.
Social class affiliation can depend, for example, on education, wealth, occupation, income, and affiliation with a particular subculture or social network.
"Class" is the object of analysis for sociologists, political scientists, anthropologists, and social historians. The term has sometimes conflicting meanings, and there is no broad consensus on the definition of "class". Some argue that there are no class lines because of social mobility. In common usage, the term "social class" is usually synonymous with "socioeconomic class" and is defined as "people of the same social, economic, cultural, political, or educational status".
"Working Class"; "Emerging Professional Class". However, scholars distinguish social class from socioeconomic status, with the former referring to a person's relatively stable sociocultural background and the latter to his or her current social and economic situation, resulting in becomes more unstable over time.
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Sandhill Inc. uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data pertain to a single department for the month of October 2021. Inventory, October 1, 2021 At cost $52,800 At retail 77,800 Purchases (exclusive of freight and returns) At cost 240,363 At retail 421,300 Freight-in 16,300 Purchase returns At cost 5,500 At retail 7,900 Markups 9.100 Markup cancellations 2,000 Markdowns (net) 3,600 Normal spoilage and breakage 9,900 Sales revenue 397,000 (a) Using the conventional retail method, prepare a schedule computing estimated lower-of-cost-or-market inventory for October 31, 2021. (Round ratios for computational purposes to O decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory at lower-of-cost-or-market ____ $
Answers
The estimated lower-of-cost-or-market inventory for October 31, 2021 is $61,200.
The retail inventory method is an accounting system used to calculate ending inventory balances based on an assumption that the gross profit margin remains relatively stable from year to year.
The conventional retail method is a variation of the retail inventory method that uses historical cost and retail prices to calculate ending inventory levels and cost of goods sold, as well as to evaluate lower-of-cost-or-market (LCM) for inventory.
The lower-of-cost-or-market (LCM) rule is an accounting method that requires companies to value inventory at the lower of the cost or market price.
If the market price is lower than the cost of the product, it implies that the inventory is experiencing a loss, and thus its value should be reduced.
If the cost is lower than the market price, there is no need for the inventory value to be adjusted.In the given scenario, the retail inventory method is used to estimate ending inventory.
Using the conventional retail method, the estimated lower-of-cost-or-market inventory for October 31, 2021 is calculated as follows:
Cost-to-retail ratio = Cost of goods available for sale ÷ Retail value of goods available for sale= $299,563 ÷ $506,000= 0.592091988
Inventory, October 1, 2021:
Cost: $52,800
Retail: $77,800
Markup cancellation: $2,000
Markups: $9,100
Markdowns: $3,600
Normal spoilage and breakage: $9,900
Purchases:Cost: $240,363
Freight-in: $16,300
Purchase returns:Cost: $5,500
Markdowns: $7,900
Cost of goods available for sale = $52,800 + $240,363 + $16,300 – $5,500 = $303,963
Expected retail selling price = $77,800 + $9,100 – $2,000 = $84,900
Expected retail selling price of purchases = $421,300 + $9,100 – $7,900 = $422,500
Total retail value of goods available for sale = $77,800 + $421,300 + $9,100 – $7,900 = $500,300
Ending inventory at retail = Total retail value of goods available for sale – Sales revenue= $500,300 – $397,000= $103,300
Expected cost of ending inventory = $103,300 × 0.592091988 = $61,200
The lower-of-cost-or-market (LCM) value is the lesser of the cost or the market price. Since the market value of inventory is higher than its cost, there is no need to adjust the value of ending inventory at cost.
Therefore, the estimated lower-of-cost-or-market inventory for October 31, 2021 is $61,200.
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if the government imposes a tax of $3,000 on everyone, the tax would be
Answers
If the government imposes a flat tax of $3,000 on everyone, the impact would depend on the individual's income and overall financial situation.
For individuals with low incomes, a $3,000 tax could represent a significant financial burden, potentially resulting in difficulty paying bills or meeting basic needs. This could exacerbate income inequality and create further financial hardship for vulnerable populations.
For individuals with higher incomes, a $3,000 tax may be more manageable, but could still have a significant impact on their overall financial situation. This could result in reduced spending and lower economic growth, as individuals and businesses are forced to divert resources towards paying the tax rather than investing in growth or expansion. In addition, a flat tax may be considered regressive, as it imposes a higher relative burden on individuals with lower incomes. This could lead to further economic inequality and social unrest.
Overall, the impact of a flat tax of $3,000 on everyone would depend on a range of factors, including individual income, financial situation, and broader economic conditions. Policymakers must carefully consider these factors when making decisions regarding tax policy.
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1. Buyers, sellers, and producers all have someone else they are competing with for economic benefits. This is known as:
O competition
O monopoly
O collusid
O cartels
Answers
Answer:monopoly
Explanation:
Steps in achieving success in strategic decision. (Subject: Enterprise Systems and Architecture).
Answers
The steps in achieving success in strategic decisions are to: Assess the Situation, Determine the Objective, Strategize, Develop and Monitor Plans and Adjust accordingly.
Assess the Current Situation: The first step is to understand the current situation. Understanding the present situation assists you in identifying the areas where changes are necessary. A successful strategic decision is based on a comprehensive understanding of the current situation.Determine the Objective: Define your goal to make a strategic decision. Identify what you want to accomplish. Having a clear objective enables you to develop a strategic plan.Define Strategies: Establish strategies for achieving your objectives. These strategies should be specific and should align with your objectives. Develop an Action Plan: Develop an action plan that outlines the steps necessary to implement the strategies. This plan should also include who will be responsible for each action.Monitor Progress: Check to see if the strategies and action plan are working as intended. Tracking progress will allow you to identify issues and adapt your strategy as needed.Adjust the Strategy: If the current strategy is not working, change it. Developing a successful strategic decision necessitates flexibility and the ability to adapt to changing situations.The above steps will ensure success in strategic decision-making.
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One of the reasons a firm carries inventory is to ______, that is, to achieve constant output and use inventory to meet overly high requirements during seasonal periods.
Answers
Firms do carry inventory in order to have smooth production requirements and to achieve constant output .
What is an Inventory?Inventory serves as those goods and materials that a business holds so they can resale or production or utilisation purpose.
inventory can be used to meet overly high requirements during seasonal periods.
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a cap-and-trade policy is most often used to solve problems associated with: a. the production of goods that generate a negative externality. b. the production of club goods. c. the production of goods that generate a positive externality. d. the production of public goods. e. making free-riders pay for the goods they are consuming.
Answers
The answer to the question is a. A cap-and-trade policy is most often used to solve problems associated with the production of goods that generate a negative externality, such as pollution or greenhouse gas emissions.
This policy sets a cap on the total amount of emissions that can be produced and then allows companies to trade permits to emit a certain amount. This incentivizes companies to reduce their emissions and rewards those who can do so more efficiently.
A cap-and-trade policy can also address the issue of free-riders, as it requires companies to pay for their emissions and reduces the incentive to avoid responsibility for the negative impacts of their production. However, it is primarily used as a tool to reduce negative externalities associated with certain goods or industries. It is not typically used to address the production of club goods, public goods, or goods that generate positive externalities, as these require different policy solutions.
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What do you think Anielski means by the phrase
"a depletion of the social capital upon which an
economy depends"? Do you agree with him?
Answers
Answer: yes I agree the him
Explanation:
WILL MARK BEST ANSWER BRAINLIEST
Write a professional email using the following scenario:
The manager is going to a conference in another city. She would like her assistant to book the flight and hotel.
Answers
A professional email based on the given scenario would sound like the following:
To: Assistant
From: Manager
Subject: Flight and Hotel Booking for Chicago
Date: January 28, 2022
Hi,
Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).
Do not forget the company's favorite airline and hotel for the bookings.
Regards,
Tony
Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.
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what are the major components of a business operating plan?
Answers
Answer:
capital
investors
knowledge in field
A company creates an identity for a product through its logo,
packaging and promotions. Customers like the product and
remember their good feelings every time they see something
about the product. They continue to buy the product and also tell
their friends about it, which increases sales. What is this an
example of?
Answers
Answer:
branding or brand mark would be my answer
You purchased a share of stock for $12. One year later, you received $0.50 as a dividend and sold the share for $13.25. What was your holding-period return?
Answers
The Holding-period return equals 14.58%.
What is the Holding-period return?This refers to the total return that is earned on an investment during the time that it has been held.
Holding-period return = ($0.50 + $13.25 - $12) / $12
Holding-period return = $1.75 / $12
Holding-period return = 0.145833333
Holding-period return = 14.58%
Therefore, the Holding-period return equals 14.58%.
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Which of the following is NOT a separately stated item of an S corporation?
a. Depreciation recapture income
b. Tax-exempt interest income
c. Long-term capital gain
d. Distributions to shareholders
Answers
b. Tax-exempt interest income. Tax-exempt interest income is not a separately stated item of an S corporation.
Separately stated items are specific items of income, deduction, gain, or loss that are reported separately on the Schedule K-1 form for each shareholder of the S corporation. These items are passed through to the shareholders and reported on their individual tax returns.
Depreciation recapture income (a), long-term capital gain (c), and distributions to shareholders (d) are examples of separately stated items. Depreciation recapture income arises when the sale of an asset results in recapturing or recognizing previously claimed depreciation deductions. Long-term capital gain is the gain from the sale of capital assets held for more than one year. Distributions to shareholders represent the portion of profits or earnings distributed to the shareholders.
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please help with this question :0
Answers
Answer:
darling, soes it have a read?
Explanation:
I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Answers
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
In a commercial bank's t-account, reserves and outstanding loans are recorded as?
Answers
In a commercial bank's t-account, reserves and outstanding loans are recorded as assets.
In economic accounting, "reserve" usually has a credit balance and may talk over with part of shareholders' fairness, a liability for envisioned claims, or contra-asset for uncollectible debts. A reserve can seem in any part of shareholders' fairness besides for contributed or simple proportion capital.
Reserves are a part of income or gain that has been allotted for a selected reason. Reserves are usually installed to shop for fixed property, pay bonuses, pay an anticipated prison settlement, pay for upkeep & protection and pay off debt.
Reserves – additionally called retained income – are portions of a commercial enterprise's profits that have been set aside to strengthen the enterprise's economic function.
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An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
Now that you have a general understanding of Crohn's disease, you are going to play the part of an MD by researching some of the more common treatments of the disease.
Research treatments (both pharmaceutical and surgical) using the library or the Internet. Try to find at least three treatments of each kind (six total). For each treatment that you find, provide a one-paragraph summary of the treatment. Your paper should be at least 275 words in length.
Be very careful of the resources you use in your research. Try to use websites that are .edu or .org, such as those of hospitals, universities, and professional associations. You will need to include a works cited list with your research paper.
Answers
In order to research pharmaceutical and surgical treatments for Crohn's disease, you should collect data and information from sources such as books and scientific articles, to increase the reliability of your work.
What is Crohn's Disease?It corresponds to an inflammatory disease of the gastrointestinal tract. It affects the digestive system as a whole, mainly the small and large intestines in their lower parts. The main symptoms of the disease are:
Chronic diarrheaAnemiaSlimmingAbdominal painWeaknessIts origin is unknown, but it is believed that some factors such as low immunity, diet and genetic factors are involved in its appearance in an organism.
Therefore, some pharmaceutical treatments that could be suggested would be the correct use of drugs that help in the remission of the disease, which still has no cure. Surgical treatment is still recommended for patients with intestinal obstruction or bleeding, for example.
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Which of the following is true of the Federal Deposit Insurance Corporation?
Responses
It insures bank money
It protects consumers from fraud
It regulates the sale of commodities
It controls the law of car insurance
Answers
Deposits are protected by the FDIC; examines and supervises financial institutions for consumer protection and safety; makes it possible to resolve large and complex financial institutions. Option B is true .
How does the FDIC safeguard protected stores?Sadly, banks occasionally fail, but they occasionally fail in a functioning market. The FDIC is working for you when they do. There are numerous causes of bank failure. The chartering authority of the bank takes over in this situation to close the bank and appoint the FDIC as the deposit insurer. On the day of the failure, FDIC personnel are present to identify those who have insured bank funds. If another bank agrees to buy the failing bank, the transition for depositors and borrowers is typically relatively smooth. The FDIC maintains access to the insured funds of depositors even if there is no immediate buyer.
Nearly 3,500 financial institutions are directly examined and supervised by the FDIC. More than half of the banks in the United States are examined by our examiners to determine their operational stability and safety.
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answers
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
When your tire blows out in the middle of a drive, you should
Answers
get out of the car and change it
Final Assignment B: Your Marketing Plan
(30 points)
You're ready to make your own marketing plan, using and adding to the work you've done
already in this course.
1. Develop a marketing plan for the business you described in Final Assignment A by replacing
the information in each of the categories below with the information for your own company. You
can review the material from this course, from the Part I Review, and from your assignments as
needed.
TIP: Each section also contains an instructional note to help guide your responses.
Answers
A marketing plan is a strategic document that outlines an organization's goals and strategies for promoting their products or services, targeting customers, and achieving business objectives.
Company Overview:[Company Name] is a start-up company that specializes in creating eco-friendly and sustainable home cleaning products. Our mission is to provide consumers with high-quality cleaning products that are safe for the environment and promote a healthy lifestyle. Our target market consists of environmentally-conscious consumers who prioritize sustainability and are looking for effective cleaning solutions that align with their values. Our products will be available for purchase online through our e-commerce platform, as well as in select retail stores that align with our brand ethos.
Market Analysis:Our market analysis indicates that there is a growing demand for eco-friendly home cleaning products, as consumers become more aware of the negative impact of traditional cleaning products on the environment and their health. This trend is driven by an increasing interest in sustainability, health and wellness, and the desire to minimize exposure to harmful chemicals. Additionally, there is a rising awareness of the need to reduce plastic waste and opt for reusable and refillable packaging. Our products will cater to this demand and provide a unique value proposition to consumers seeking sustainable alternatives in the home cleaning market.
Marketing Strategies:To effectively promote our products, we will implement the following marketing strategies:
a) Digital Marketing: We will leverage digital channels such as social media, content marketing, and email marketing to create brand awareness and engage with our target audience. Our website will serve as our main sales channel, featuring detailed product information, customer testimonials, and a blog with educational content about eco-friendly cleaning practices.
b) Influencer Partnerships: We will collaborate with eco-influencers and bloggers who align with our brand values to promote our products through product reviews, demonstrations, and endorsements. This will help us reach a wider audience and build trust with potential customers.
c) Packaging and Branding: Our packaging will be designed using recycled and biodegradable materials to align with our sustainability goals. We will also incorporate our brand's eco-friendly and sustainable values into our branding and messaging, highlighting the benefits of our products for both consumers and the environment.
d) Local Community Engagement: We will participate in local community events, eco-friendly fairs, and workshops to create awareness about our brand and products. We will also collaborate with local environmental organizations and sponsor environmental initiatives to demonstrate our commitment to sustainability and gain local support.
Sales Strategies:Our sales strategies will focus on the following key areas:
a) E-commerce: Our e-commerce platform will be our main sales channel, offering a seamless online shopping experience for our customers. We will invest in user-friendly website design, secure payment options, and effective search engine optimization (SEO) to drive organic traffic and increase online sales.
b) Retail Partnerships: We will selectively partner with retail stores that align with our brand values, such as eco-friendly stores, zero-waste shops, and health food stores. This will help us expand our reach and access customers who prefer to shop in-store rather than online.
c) Referral Programs: We will implement a referral program that incentivizes existing customers to refer our products to their friends and family. This will help us generate word-of-mouth marketing, increase customer loyalty, and drive repeat sales.
Budget and Financials:Our marketing budget will be allocated as follows:
a) Digital Marketing: 40% of the budget will be allocated to digital marketing efforts, including social media advertising, content creation, and email marketing.
b) Influencer Partnerships: 20% of the budget will be allocated to influencer partnerships, including product samples and collaborations with eco-influencers and bloggers.
c) Packaging and Branding: 10% of the budget will be allocated to packaging and branding efforts, including design and production of sustainable packaging materials.
d) Local Community Engagement: 10% of the budget will be allocated to local community engagement initiatives, including event sponsor.
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Write 9.58 times 10^(2) in standard notation. pls help!
its math btw
Answers
1.) Capital budgeting is concerned with:
a.) managing a firm's cash budgeting procedures
b.) whether a company's assets should be financed with debt or equity
c.) planning sales of a corporation's equity capital
d.) what long-term investments a firm should undertake
2.) A "normal" yield curve is
a.) upward sloping
b.) downward sloping, then upward sloping
c.) downward sloping
d.) upward sloping, then downward sloping
Answers
Kirito (Real name Kirigaya Kazuto) is the main protagonist of the anime series Sword Art Online, based on the popular light novel series.
In the VALS framework, consumers who are looking for products and services that demonstrate success to their peers or to a peer group they aspire to are called a(n)
Answers
In the VALS framework, consumers who are looking for products and services that demonstrate success to their peers or to a peer group they aspire to are called an "Achiever.
" Achievers are motivated by the desire for prestige, status, and social approval. They are often materialistic and seek to acquire products and services that reflect their success and status. They are attracted to high-quality, popular, and well-established brands that are recognized by others. Achievers are also responsive to advertising that highlights their social status and appeals to their desire for prestige and recognition.
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