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BizBuzz is designed to keep you, as students of the College of Business Administration, informed about the latest news in and around the College. We welcome your contributions as well, whether they be event summaries and photos, student profiles, class reviews, letters, calendar items or important announcements. We want this to be your newsletter. Send your news to gallions@fiu.edu.
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Classes maintain footing in challenging global competition. |
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At 9:00 p.m. on Friday nights last semester, you could find students enrolled in Strategic Management for Multinational Corporations:
- celebrating the end of a busy week by kicking back with friends over an evening snack and beverage
- catching up with their families as well as on non-work and non-school responsibilities
- riveted to their computers to see how they did in a class project
The answer: C. Members of the class hovered at their computers, waiting to see how they scored on an international web-based simulation called Business Strategy Game (BSG).
The game—in which the students make all the decisions that top managers would make over a multi-year period as they guide an athletic footwear company with global reach—formed part of the international business strategy course for senior international business majors. Linda Clarke (PhD ’98), instructor, Department of Management and International Business taught the course to 51 students in the College of Business Administration’s BBA+ Weekend program.
Full story.
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Students soar to success in Operational Management course. |
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The image of paper planes flying around a classroom may bring to mind naughty elementary school children. But, in Operational Management, taught by Chris Ellis (EMBA ’97, BS ’92), instructor, Department of Decision Sciences and Information Systems, those airborne craft represent a lot of effort and teamwork.
Students in the course form teams and create a plane manufacturing facility from the ground up. In four, thirty-minute timed sessions—each representing a business quarter—production groups work on planes. Functional roles include measuring, folding, gluing, coloring, and cutting.
“At the end of each quarter, each fifteen-person group would count its inventory to determine what was work in process, what it needed to order, what the expenses were, and what the return on investment was,” said Nitza Manes, manager, planning and inventory control department at Sony, who is a junior majoring in marketing. “Ellis compared them and declared a winner, looking at who exceeded expenses, who had the biggest gross profit, who was bringing in too much via air freight, who had too much raw material in inventory, and other factors. We knew the first quarter would be expensive because we were setting up and purchasing tools and machinery. After that, our numbers were expected to improve.” Full story.
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College staff member and alumnus enjoy sweet deal. |
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Svietlana Babienko (BBA ’02), database administrator/systems analyst in the College of Business Administration and Evening MBA student, loves chocolate and greatly misses the decadently rich dark variety she associates with her native Russia. A chance meeting with Fernando Panizo (BBA ’00), general manager of Helena Chocolatier, gave her the satisfaction of sampling chocolate much to her liking and opened a relationship between the alumnus and the college that promises to help him expand his company’s presence in the United States, with ample benefits for the college as well.“After a hectic day on December 30, 2005, I decided I needed to get my hair cut but every place was booked. I begged the very busy owner of the salon on campus to take me, and he did, at 6:00 p.m.,” Babienko said. “I noticed a man passing out candy to the employees and, out of curiosity and boredom, I spoke to him. He gave me a chocolate that was beautifully presented and with the taste I prefer. When I found out that he had graduated from the college, I thought it would be good for him to meet some of our administrators and professors because it might help him and the college, too.”
Full story.
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BBA+ graduate masters the ins and outs of risk management. |
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South Floridians are very familiar with Commercebank. But they probably don’t recognize the name Evan Sicle (BBA ’94), even though her work is central to the banking convenience upon which Commerce’s customers have come to rely.
As assistant vice president for operational risk management, Sicle works as part of a team charged with keeping services online, even in the midst of natural disasters and other emergencies. In hurricane-prone South Florida, she fulfills a critical function at the bank.
The Cuban-born Sicle recalls that when Hurricane Wilma blew into town, she and her team had the bank in full swing by the next business morning. They pay almost as much attention to the national hurricane warning system as do local meteorologists.
“We monitor any tropical storm activity and provide the executive response team the information to declare a disaster for the institution, which starts a process of closing branches, then reopening them as soon as possible,” Sicle said. Full story.
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Summer interns learn what it takes to keep Burger King hot. |
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If you happened to visit Burger King’s corporate headquarters in Miami this summer, chances are good you might have crossed paths with a student from the College of Business Administration.
“I’m pleased to report that nine of the twenty-four summer interns at Burger King this year came from Florida International University's graduate and undergraduate programs—and six of those were from the College of Business Administration,” said Barry Shiflett, director of Career Management Services. “I’m even prouder to say our interns joined students from other leading universities such as Harvard, Duke, Wharton, and the Rochester Institute of Technology.”
Jose’ Tomas (BBA ’92), vice president of human resources at Burger King and also chairman of the Master of Science in Human Resource Management (MSHRM) Advisory Board, offers words of praise for the university’s interns.
“They exceeded our expectations,” he said. “The students from Florida International University were very well prepared. It was a perfect match between an excellent education and the right roles for the interns. Clearly, the university took the time to prepare and coach the interns prior to their interviews and assignments. Many of them have been asked to remain onboard with the company—and that is no accident.”
Full story.
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Working with heart: Evening MBA graduate helps pilot advance for cardiac patients. |
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When Michael Ashenuga (MBA ’06) went to work for his new company in 2002, he never imagined that in four years it would spawn a major breakthrough for patients with advanced heart failure. The business was in financial straits and had lost all but one investor. But what it hadn’t lost was a belief in its product and a vision for how it could bring hope to patients with severe heart disease and few treatment options.
After regrouping, the company gave itself a new name—Heartware, Inc.—and set about raising capital to test and market its innovative heart pump device. In 2006, Heartware reaped the benefits of its hard work when surgeons at Vienna General Hospital implanted the first heart pump into an Austrian man in his 40s. Ashenuga was on hand for the momentous occasion.
“It was an incredibly moving experience to meet our first patient and see that all our efforts had actually made a difference in someone’s life,” Ashenuga said. “We are all really humbled by the experience and by the fact that with this device we are able to help people.”
Full story.
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Smooth sailing: Internship launches graduate on path to successful career in human resources and the travel industry. |
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On her first day as human resource specialist with Royal Caribbean Cruise Lines, Michelle Dunn (MSHRM ’06, BS ’99) talks excitedly about her new role and responsibilities.
“I’ll be supporting Celebrity Cruises, which is Royal Caribbean’s top line,” she said. “The job provides an excellent opportunity for me to put my analytical and program implementation skills to work as a strategic partner to the human resources managers on the cruise ships.”
Dunn believes the degrees she earned from Florida International University give her the solid foundation she needs to build a career that so far has taken her from luxury hotel to luxury cruise line.
Full story.
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NBA internship offers all the challenges and thrills of a championship game. |
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New York City. The National Basketball Association. All-star events. Globally recognized brands. It all added up to an exciting internship for Yvonne Nelson (IMBA ’06, BBA ’03).
She’s felt the adrenaline rush, complete with the pressure and competitiveness of, say, a Miami Heat game.
“Working as an intern with the marketing and media department at NBA headquarters has been an incredible experience. The environment is as fast and dynamic as a championship basketball game—or a walk through mid-town Manhattan any day of the week,” Nelson said.
Full story.
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Students get into the rhythm of international business at MTV Latin America. |
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When you think about MTV, you probably first think about new tunes, cool celebrities, and slick music videos. But MTV also is a large international corporation—one that provided three students in the College of Business Administration’s Master of International Business (MIB) program with an excellent learning experience.
Erica Gjorven (MIB ’06, BA ’03, BS ’01), Nelisa Chacin (MIB ’06), and Ekta Thani (MIB ’06, BBA ’04) worked together on two projects at MTV Latin America to complete their MIB final project.
Full story.
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Shared interest in patterns leads to two very different research projects. |
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The hardest part of writing a research paper often starts before the writing begins. Do I have a worthwhile topic? Will it keep my interest? Will it captivate the reader, especially if the reader is my teacher? Has it been done before?
These questions and more plague the serious researcher—whether in high school or at the highest level of academia. Yet, no one disputes the value of well-done scholarship: it adds to the field of study, delivers highly-useful information to academics and non-academics alike, and sometimes brings recognition to the hard-working investigators in the form of awards.
In the College if Business Administration, with its intense focus on research, particularly in the doctoral programs and among faculty, PhD students find topics that sustain their interest and contribute to their fields as Nicole Wishart, and David Hinds, graduate students in the Department of Decision Sciences and Information Systems (DSIS) recently demonstrated. Both have delved into the issue of patterns, with Wishart looking at teaching conceptual database design using a pattern-based approach, and Hinds examining patterns within innovation communities.
Full story.
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Humanitarian plans to join entrepreneurship and philanthropy. |
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“The more you give to others, the more you get back—not materially but spiritually,” said Christian Jarquin (BBA ’06), whose eyes were opened to the value of volunteering at fourteen when he began a four-year volunteer stint at Cedars Medical Center in Miami. “You wake up every morning and feel that you are alive and have contributed something to the world.”
Since that youthful experience, this magna cum laude graduate in International Business Honors, who transferred from Miami Dade College to Florida International University and the Honors College on a Presidential Scholarship, has:
- worked on Habit for Humanity projects
- spoken at conventions about the importance of non-violence
- participated in the College of Business Administration’s first Global Leadership and Service Project (GLSP)–Bangkok
- co-led the GLSP “Nicaragua December of Dreams I”
- begun to lead the second GLSP to Nicaragua, including making media appearances to generate support for fundraising efforts and garnering further support from TACA Airlines
- caught the attention of Tony Lesesne, chair of Lesesne Media Group, a multimedia entertainment company and publisher of In Focus magazine, through their mutual involvement with Inroads, a non-profit that provides leadership training, access, and interns to corporate America
- become a U.S. citizen. Full story.
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Beyond books: Graduate reflects on importance of learning outside the classroom. |
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It started as a class assignment from Robert Hogner, associate professor in the Department of Management and International Business and coordinator of the College of Business Administration’s Civic Engagement Initiative. He told his students in his Business and Society class to design a community service project.
That’s all Gabriel “Gabe” Menocal (BBA ’96) needed to hear.
Along with four of his classmates, Menocal launched what became one of the college’s most successful social justice projects—the Florida International University Foodrunners. The program organized food distribution to Miami’s homeless. Initially run by a handful of students, at its height the Foodrunners engaged hundreds of business students each year. Menocal’s initiative earned him the university’s nomination for Miami Herald’s featured student at his graduation ceremony. Full story.
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IN THIS ISSUE |
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Classes maintain footing in challenging global competition. |
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Students soar to success in Operational Management course. |
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College staff member and alumnus enjoy sweet deal. |
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BBA+ graduate masters the ins and outs of risk management. |
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Summer interns learn what it takes to keep Burger King hot. |
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Working with heart: Evening MBA graduate helps pilot advance for cardiac patients. |
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Smooth sailing: Internship launches graduate on path to successful career in human resources and the travel industry. |
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NBA internship offers all the challenges and thrills of a championship game. |
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Students get into the rhythm of international business at MTV Latin America. |
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Shared interest in patterns leads to two very different research projects. |
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Humanitarian plans to join entrepreneurship and philanthropy. |
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Beyond books: Graduate reflects on importance of learning outside the classroom. |
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NEWS OF NOTE |
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Undergraduate case competition mixes challenges and rewards.
Two teams of students from the College of Business Administration donned the hats of employees of Johnson & Johnson (J&J) as participants in the 2006 Johnson & Johnson Business Case Competition. Their task: to recommend future plans for MindEase, a drug for schizophrenia, whose patent was about to expire, thereby opening the door for other companies to use the formula to produce competitive products.
“We had three choices,” said Alejandro Euse, vice president of the Florida International University Accounting Association (FIU-AA), who served as strategic analyst. “We could recommend that J&J go generic and compete; change the delivery system from a pill to an injection, which is a more stable method that’s been researched for more than ten years and that would give them a new ten-year patent; or obtain a license to market to a whole new group, in this case, autistic children.”
The team, which also included Paola Hernandez, who hopes to graduate in the spring, 2007, with a management major and who was the team’s marketing strategist; Anneli Hilpinen (BBA ’06) a magna cum laude graduate who has started the college’s Evening MBA program and was the financial analyst; and finance major and team finance specialist, Giovanni Rondon, opted for the third choice. They then spent an intense month—about twenty-five to thirty hours per week—preparing. In addition to their research and analyses, they reviewed last year’s case and got some much-appreciated advice from members of the 2004 team, which won the national competition, held annually at J&J headquarters in New Brunswick, NJ. Read more. |
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Young entrepreneurs take on the New Venture Challenge.
The competition is keen. The stakes are real. And so are the pre-presentation nerves. Yet what may have seemed like the longest fifteen minutes of their lives also were among the most significant for the student entrepreneurs who presented their business plans to the panel of distinguished judges assembled for the 2006 Howard J. Leonhardt New Venture Challenge Business Plan Competition this past spring.
Participants had been preparing and polishing their plans for several months leading up to the actual events. The semi-final round of presentations was held on Wednesday, May 5, 2006, at the Modesto A. Maidique Campus, with nearly 150 team members, judges, and supporters attending. The candidates were then whittled down to the final five graduate and five undergraduate teams, who presented at the final oral presentation round on Tuesday, May 16, 2006, also at the university. Close to fifty attendees were there to cheer them on. Read more. |
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New faculty: Spotlight on two of the eleven new professors who joined the college this fall.
Sungu Armagan focuses on subjects of interest to many and to few.
Sungu Armagan, a new assistant professor in the Department of Management and International Business, was sold on the College of Business Administration when she interviewed for the position. Hearing the enthusiasm of her potential new colleagues, who “talked about the school as if there is no other,” made her want to “hop on the bandwagon of a college that is on the rise and to be part of that.” Read more.
William G. Hardin III asks tough questions.
William G. Hardin III got a PhD because he wasn’t satisfied with anecdotal explanations about the fundamental drivers in business. In his ongoing quest to understand and validate the reasons behind why things happen, he asks himself—and his students—serious questions to separate fact from opinion. Read more.
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Students remain upbeat after study-abroad Down Under.
Anna Mixon, a.k.a. “Aussie Anna,” loved her study-abroad program in Australia so much that she is ready to go back and is even thinking about moving there.
“People there are extremely friendly; Sydney is a clean and beautiful city; and the country does many things of a community-minded nature, such as having its currency in different sizes so the vision-impaired can immediately tell which bills they have,” said Mixon, a marketing major who plans to graduate in December and currently works fulltime as an office manager for The Green Company.
She and seven classmates explored Sydney and its environs during the second study-abroad to Australia. J. Randall Martin, a member of the Management and International Business Department and the college’s faculty director of study-abroad programs, led the trip, which ran from August 11-25, 2006. Read more. |
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Excitement grows as new building complex rises.
Students returning to campus this fall had the pleasure of seeing the progress on what will be the new home of the College of Business Administration, still due to be completed September 18, 2007. New students got their first look at the rapidly changing structure.
“So far there is every indication that the target date will be met, God willing and if the creeks don’t rise,” said Fernando Irizarri, coordinator of the college’s facilities.
“Construction on our new five-building business school complex finally got underway in March, 2006,” said Executive Dean Joyce J. Elam, who along with Chapman School Dean José de la Torre, is investing time to make sure that events unfold smoothly. “Since that time, progress has been amazing. It’s exciting to come in each day and see more and more of the building taking shape.” Read more. |
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GET INVOLVED! |
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Student organization snapshot.
Want to meet people—students and successful professionals—who share your interests and can help you get ahead? Need to add some great experiences to your resume? Have a desire to perfect skills, including leadership and team building?
Student organizations in the College of Business Administration give you all this and more. You can do a little, such as attend meetings, or a lot, such as become a committee chair or officer. It’s your call.
In each issue of BizBuzz, we showcase a student organization so you can see which one is right for you.
Award-winning American Marketing Association chapter prepares future marketing professionals for career success.
Two years ago, Melissa Saliba, who works part time as an assistant to a financial advisor at Ameriprise International, didn’t know what marketing was. Now, she is the president of the college’s chapter of the American Marketing Association (AMA).
“I liked the first marketing class I took, but I found it hard to keep in touch with the people I met since we changed classes,” she said. “My initial motivation for joining AMA was to meet people with similar interests and have the friendships continue.”
She got that, and much more. Read more. |
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Students give and get help in understanding money matters.
Consider the following.
“A BBA major was offered a full Fund for the Improvement of Post Secondary Education (FIPSE) scholarship from the Center for International Business Education and Research (CIBER) plus $3000, to study in Spain. She had to decline, citing needing a job to make payments on her new car lease. Why a car? She answered, ‘To get back and forth to work.’”
That episode, related by Robert Hogner, associate professor, Management and International Business Department, coordinator of the college's Civic Engagement Initiative, and a senior fellow in the Honors College, gave two students an idea for an independent study—an option for completing their required Honors College coursework—to help their younger classmates understand and manage their financial challenges more effectively.
Nicholas Valverde (BBA ’06) a finance major with a certificate in banking and one course shy of a minor in economics, and Richard Bruguera (BBA ’06), who had a double major in finance and accounting, developed the “Financial Literacy Project.” Hogner supervised. Read more. |
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Relay for Life volunteers make strides in cancer fight.
Jennifer Weiss (BBA ’06), past president of the college’s American Marketing Association (AMA) chapter, lost her mother to breast cancer a little more than two years ago. And though her mother wasn’t there to watch the commitment shown by approximately 150 volunteers in the Relay for Life of Blue Lagoon on May 19-20, 2006, many survivors were.
“Of all the attendees, it was the cancer survivors who were the most enthusiastic and appreciative of the event. That’s what made all the work worthwhile to me,” said Weiss, AMA team captain—a role she also played in 2005—and one of the fundraising board members in 2006. Read more. |
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Travelogue: Professor brings business acumen and world view to Honduran university.
Most students know him as “Professor Martin”—but “World Traveler Martin” would be an equally fitting title. Indeed, Randall Martin (BA ’76), instructor in the Department of Management and International Business and faculty director of the College of Business Administration’s study-abroad programs, has traveled around the globe, often while leading student groups.
This summer, he ventured solo to the rugged, but beautiful, eastern coast of Honduras where, as part of the John Ogonowski Farmer-to-Framer (FTF) program, he worked with the Centro Universitario Regional Del Litoral Atlántico (CURLA) to help the university create a viable strategic plan and a forward-looking operational design.
“An important issue for me is to help the citizens of the world lead better lives,” Martin said. “The work at CURLA was another step toward achieving that goal.” Read more. |
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Market research class connects with the real world of fruit and vegetable commodities.
When your mother tells you to “eat your fruits and vegetables”—you probably don’t consider black sapote, yuca root, or anona jam.
But as the students in a recent U.S. Agency for International Development (USAID) Managing Market Information class learned, these products—along with more familiar foods like pineapples, tomatoes, and broccoli—offer real opportunities for growth and success to farmers in Latin America. Read more. |
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Undergraduate publishing opportunities expand with launch of new journal.
In a few months, undergraduate authors from around the world will have a new outlet for their research endeavors: the Undergraduate Journal for Global Business and Community. The online publication aims to “put a human face on globalization,” according to Robert Hogner, associate professor, Department of Management and International Business, coordinator of the college’s Civic Engagement Initiative, and development director for undergraduate international business programs.
“There are undergraduate journals. but none in international business, much less any focused on the issues of global business and community,” Hogner said. “The journal will cover the political, economic, social, moral, and technical issues associated with globalization.” Read more. |
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Don't miss this event! Read more.
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BizBuzz is a publication of the Communication, Publications, and Public Relations Department, Executive Dean's Office, College of Business Administration, Florida International University. Its purpose is to serve as a vehicle in which students, faculty, and staff in the College can share important news, ideas, and information and build a more connected learning community.
Editor: Sally M. Gallion
Writer: Beverly Z. Welber, Melissa Elicker, Regina Tosca
Layout: Alexis Puentes |
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Copyright © 2006 FIU College of Business Administration
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