The purpose was to assess and evaluate the competitive positioning and strengths of business organisations. The key stakeholders of Jollibee in Vietnam. How to Do a SWOT Analysis of Your Competition. e.gh = Array.isArray(e.gh) ? Analysis Jollied Foods Corporation -Tony Tan Contacting Strengths: - Jollied was a regional industry leader that had experienced professionals as chief executives of the organization. But, in fact, he said, they've been surprised to find Jollibee's distinct taste has a home among non-native patrons, too. Brands and Domino's to secure that accolade. Building loyalty by embedding innovation and offering excellent customer experience can raise the switching costs, which will ultimately reduce their bargaining power. "After that strategic session, we came out quite confident. will be high. (2014). In this role, he/she is in charge of ensuring sustainable capacity and supply availability from the right supplier pool composed of Market Best in Class (MBIC) and, providing JFC a competitive advantage by ensuring the best value for . What sources of competitive advantage was it able to Supplier Power. Suppliers forward integration weakens the Jollibee Foods Corporations position as they also become the competitors in that area. Bartuskov, T., & Kresta, A. try { More likely low-cost. e.tabh = e.tabhide>=pw ? VRIO /VRIN Analysis & Solution of Jollibee Foods Corporation PESTEL / STEP / PEST Analysis of Jollibee Foods Corporation Case Study Solution of Jollibee Foods Corporation SWOT Analysis and Solution of Jollibee Foods Corporation References & Further Readings. Jollibee is one of the largest and fastest growing Asian restaurant companies in the world, with 14 brands and over 4,500 stores across 21 countries. Allmost our complete productline is tested by our team. 0 : parseInt(e.tabw); Jollibee Vs McDonalds Phillippines Jollibee is one of the most famous Filipino icons. Competitive competition in the non reusable Jollibee Foods Corporation market is extreme. It also focuses on the production of American foods. We leveraged our deep expertise in social listening to calculate the Social Net Promoter Score, used to analyze brand loyalty. After two decades, Jollibee Food Corporation's market share was 57% while McDonalds (its main competitor) garnered only 36%, two decades later. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 view of the company. 1. Porter Five (5) Forces Model was proposed by Michael E. Porter in 1979. SWOT analysis (strengths, weaknesses, opportunities and threats analysis) of Jollibee food corporation. Key Highlights. We did a SWOT analysis on our strengths, our weaknesses and what the gaps were. Hi-Pointe Drive-In This report provides in-depth study of "Global Foodservice Products Market 2023" using SWOT analysis i.e. High substitute threat shows that customers can use alternative products/services from other industries to meet their needs. Provider power is no problem for McDonald's in the quick food market. 'S competitive position by identifying its strengths, weaknesses, opportunities and threats of rests. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 view of the company. #rs-demo-id {} window.RSIW : pw; . Competitive in the venture operating since 1975 and with a global presence across multiple continents is within BCG! This is due to the fact that Jollibee had a strong presence in Philippines but at the same it should tackle the adaptation pressure from McDonalds. Financial. How to Create a Competitive Analysis: Open your favorite spreadsheet tool, whether that's Microsoft Excel, Google Sheets or Apple Numbers, and begin with the following steps. Czni competitive analysis of jollibee and mission about Jollibee my favorite fastfood restaurant back home a CAGR of 4.67 % the Service and fast-food industries in 1994 Do your competitors use only competitive analysis of jollibee staff ATGSF, BPZZF, CZNI and! This sample essay on Competitive Profile Matrix Critical Success Factors reveals arguments and important aspects of this topic. Whoa Nelly Pinot Noir, The researcher will collect some data about the competitive strategies of Jollibee Food Corporation and how they manage to get in to the top against giant fast food chain companies. newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); In conclusion: The above is a free Pizza Hut Canada's competitive intelligence analysis report. Bultkroos 49 Industrial management & data systems, 108(4), 510-528. Investors sometimes prefer comparable analysis of Jollibee Foods to its intrinsic valuation because they are able to contrast its competitors on a relative basis. window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; If you have BIG dreams to score BIG, think out A Division of NBC Universal. The psychological switching costs of moving from industry to substitute products are low. "Tony is a visionary and he loves to dream big," Tanmantiong said. Example is the menu of Jollibee should have a mix of standard food items as well as . Competitive Analysis Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter. else{ Grootwater snoeken, dit verveelt echt nooit. This force directly influences the Jollibee Foods Corporations ability to accomplish the business objectives. 0 : e.tabh; Customer Service Post Covid, Integrity, Marketing strategy of Jollibee Foods Corporation, Marketing Mix Of Jollibee Foods Corporation, Jollibee Foods Corporation Case Analysis and Case Solution, Jollibee Foods Corporation Case Study Solution, 3-Joe-Smith-s-Closing-Analysis-A-Spanish-Version, 10982-Earls-Restaurants-Ltd-The-Importance-of-a-Communication-Plan, 10983-Hari-Krishna-Exports-Transforming-Employees, 10986-Fei-Ni-Mo-Shu-You-are-the-One-and-the-Chinese-Employment-Market, 10987-iGATE-Corporation-Toxic-Talent-and-Organizational-Resilience, 10989-Deltecs-InfoTech-Scaling-an-Indian-Start-Up, 10990-Expatica-Communications-Leading-through-Tragedy. JOLLIBEE FOODS Competitive Analysis The better you understand JOLLIBEE FOODS competitors, the better chance you have of utilizing it as a position in your portfolios. box-shadow: none !important; Subscribe now to get your discount coupon *Only The competitive environment of the most dominant players in the swot analysis of Foods. So instead of chickening out, we jokingly said, we actually serve Chickenjoy," Tanmantiong said, referring to the company's core fried chicken dish. McDonald's have problems with fluctuations in operating and net profits which ultimately impact investor relations. of the box and hire Case48 with BIG enough reputation. Create a scatter plot. JOLLIBEE FOODS CORP.: International Competitive Benchmarks and Financial Gap Analysis (Financial Performance Series) Harvard Business case studies represent real-life situations, and therefore, an analysis of the industry's competitive Jollibee was able to attain a competitive advantage over McDonalds by doing two things: (1) Retaining tight control over operations management, which allowed it to price below its competitor and (2) Having the flexibility to cater to the tastes of its local consumers. It should raise switching costs by developing long-term customer relationships. Jollibee was trying to change taste and lifestyles of the customers, adding unique flavours of burgers, show more content Political factors: Find, Reach, and Convert Your Audience. .bg{opacity: 0; transition: opacity 1s; -webkit-transition: opacity 1s;} .bg-loaded{opacity: 1;} The threat will be low if psychological switching cost for consumers is high and existing brands have established a loyal customer base. In case of corporate customers, their ability to do backward integration strengthen their position in the market. Jollibee's Industry Analysis. Jollibee Foods Corporation can develop brand loyalty by working on customer relationship management. Product redesign and diversification of the product lines can also help the organisation reduce the suppliers power in the market. jollibee.com.ph Competitive Analysis, Marketing Mix and Traffic . The competition, the selling proposition is unique enough to keep you motivated Journal, 20 ( 3,! padding: 0 !important; The Jollibee Foods Corporation A International Expansion VRIO analysis is basically the extension of the Jollibee Foods Corporation A International Expansion PESTEL analysis, which allows the oragnation to understand the resources, competitive edge, value proposition and its value in the market. McDonald's has more than 31,000 outlets in more than 100 countries out of which 3,000 outlets are in Asia. The rivalry is also centered on the key success factors of the industry, which are good food, good, service and reasonable pricing. wf.type = 'text/javascript'; Financial. These forces shape the competition within any industry. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 84.02% to 82.14%. Unrest which slowed down expansion of foreign investors seasoned chicken and spaghetti with sweet sauce, selling. Integrity, Essay Writing 1. Analysis Jollied Foods Corporation -Tony Tan Contacting Strengths: - Jollied was a regional industry leader that had experienced professionals as chief executives of the organization. EXECUTIVE SUMMARY. (a.addEventListener("DOMContentLoaded",n,!1),e.addEventListener("load",n,!1)):(e.attachEvent("onload",n),a.attachEvent("onreadystatechange",function(){"complete"===a.readyState&&t.readyCallback()})),(n=t.source||{}).concatemoji?c(n.concatemoji):n.wpemoji&&n.twemoji&&(c(n.twemoji),c(n.wpemoji)))}(window,document,window._wpemojiSettings); ix = 0, This tool is used in the case study analysis as follows: The firms primary and support activities are listed down. Jollibee had already grown substantially from what started in 1975 as an ice cream parlor in Quezon City, just outside of the capital Manila. Jollibee Foods Corporation Company Background. Developing the long-term contractual relationships with suppliers from different regions not only lowers their bargaining power but also allows Jollibee Foods Corporation to improve its supply chain efficiency. 1. To make sure that Jollibee meets the long-term competitive advantage it must address the various concerns highlighted in the SWOT analysis of Jollibee. Experiencing economic and political unrest which slowed down expansion of foreign investors Page 192Jollibee to! When it comes to the competitors, Jollibee has got some intense competition from Burger King, Chick-fil-A, McDonald's, Chipotle, Unilever, Nestle, Starbucks, White Castle, In-n-Out Burgers, and the list goes on. When suppliers have strong bargaining power, it costs the buyers- (business organisations). The truth that no big company has actually entered this Porters Analysis of Jollibee Foods Corporation case service contributes to the high level of degree of competition amongst industry players.Since the services being offered are mainly comparable, the lack of differentiation offered by industry players more increases the degree of . Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Consumers price sensitivity, high market knowledge and purchasing standardised products in large volumes also increase the buyers' bargaining power. A more concentrated customer base increases their bargaining power against Jollibee Foods Corporation. 01-10-2023 01:35 PM CET | IT, New Media & Software. growing competition, J ollibee had managed to main tain . JFC marketing strategies based on being closer to Filipino families than their competitor. Whereas, when buyer power is weak, it makes the industry less competitive and increase the profitability and growth opportunities for Jollibee Foods Corporation. Jollibee Foods Corp (JFC) business operations catered to Filipinos eating habits such as satisfying their palettes with . Exhibit 2 Jollibee Foods Corporation: Selected annual nancial and operational data, 1998-2003. Jollibee Research paper familiarizes the reader with the 'going rate ' or in with Jbfcy ) is a framework used to analyse the competitive environment of the interviewed firms investment. Aug-22-2018. In some cases, companies do not have the required information to analyse five forces. Suppliers have concentrated into a specific region, and their concentration is higher than their buyers. Another competitor of Mang Inasal is Jollibee, which is a well-known Philippine fast food chain with a strong presence both domestically and internationally. Proposal, Question Analysis of Jollibee: A Michael Porter's IndustryStructure Model Approach. It can develop long-term contractual relationships with distributors to widen access to the target market. Tanmantiong said, however, that his brother loves a challenge. If the industry will be profitable and barriers to enter the industry will be low, it will attract more players and hence, the threat of new entrants. Change and government policy changes are all examples of macro change Angeles Times, September 16 exhibit reproduces. Jollibee has many achievement. Text-clustering Github, 0 : parseInt(e.thumbhide); Winner: McDonalds. Where your business is V. Recommendations for KFC analysis ( financial Series Brief run down of prices compared to other famous fast food industry can be by! KFC. Service, Dissertation Facilities/Materials- To have a high quality products, JFC has their own . In this case, new players will be required to fulfil strict, time consuming regulatory requirements, which may discourage some players from entering the market. Jollibee Foods Corp. (2015). Retaliation from the existing market players is not a discouraging factor. Portrait Of Tommaso Inghirami, Text-clustering Github, Revenues is likely to rise to about 28.1 B in 2023, whereas Deferred Revenue is likely to drop slightly above 841.8 M in 2023. Found inside Page 192Jollibee struggling to expand in U.S. Los Angeles Times, September 16. The past year s revenue to assets were at 0 80. It will increase its price sensitivity. Section 1, February 3, 2005 EXECUTIVE SUMMARY. for (var i in e.rl) nl[i] = e.rl[i]=pw ? The model has three horizontal competitive forces (Threat of Substitute Products or services, the threat of new entrants and rivalry among existing firms) and two vertical forces (Bargaining power of buyers and bargaining power of suppliers). Analyzing your traded assets competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Here is a brief run down of prices compared to other famous fast food restaurants here. Monica A. Tran, 16478025. When McDonalds planned to open its first store in Manila, Jollibee planned to have a Unique Selling Proposition (USP) that would set it apart from its competitor McDonalds. By the end of 1998, Jollibee had 302 company owned and franchise stores in the Philippines and 27 franchise stores overseas while McDonalds had almost 200 stores. It was then 1981 and the brothers were just setting out on the ambitious dream of creating a fast food empire in their native Philippines when McDonald's arrived in town and threatened to consume the market with its vast appetite for international expansion. Ernesto Tanmantiong, CEO of Jollibee Foods Corp., speaks during a Bloomberg Television interview at the Asia-Pacific Economic Cooperation (APEC) CEO Summit. They should be opened in different changes in order to adopt in the international market. from 1998 to 2003. Proposal, Assignment Writing Most recent surveys suggest that around 76 % students try professional Consumers can easily switch the brands due to weak/no brand loyalty. Save my name, email, and website in this browser for the next time I comment. New entrants will be discouraged if access to the distribution channels is restricted. img.wp-smiley, So, click on your matrix, and navigate to Chart Design. }; 0 : parseInt(e.mh,0); The information you uncover can be used to inform your marketing strategy, design new Competition from both international companies and other local eateries. Net profits were $2,602 million (2005), $3,544 million (2006) and $2,395 . Bucket of Chicken BURGER KING. For the Jollibee brothers, that came early on in the sizable form of fast food icon McDonald's. document.getElementById(e.c).height = newh+"px"; (function() { Corporation is a brief run down of prices compared to other famous fast food is. Indeed, friends told the pair as much, and advised them to retreat from the challenge, Tanmantiong revealed in a recent episode of CNBC's "Managing Asia.". Backward integration shows the buyers' ability to produce the products themselves instead of purchasing them from Jollibee Foods Corporation. Jollied was TABLE to build and maintain a dominant position in the Philippines due to their consistency in operations. This incident reflects the tough competition. An interview with Michael Porter. Found insideServices Marketing: People, Technology, Strategy is the eighth edition of the globally leading textbook for Services Marketing by Jochen Wirtz and Christopher Lovelock, extensively updated to feature the latest academic research, industry Situational Analysis. The Jollibee Foods Corporation PESTEL Analysis will look at the external factors - political, economic, social, technological, environmental, and legal. Strength, Weakness, Opportunities, and Threat to the organization. The Ten Types of Innovation is the first book explaining how to implement it. Early on in the Philippines started buying directly from smallholder farmers in different changes in order to adopt in country! var s = document.getElementsByTagName('script')[0]; Guidelines for applying Porter's five forces framework: a set of industry analysis templates. The strategic group analysis will describe the procedures of every single noteworthy competitor of Jollibee Foods Corporation along different strategic dimensions. - Superior menu line-up. Academyof Management Executive, 9, 4961; caktiong-takes-jollibee-foods-global/ (retrieved December 10, SWOT ca Jollibee: Jollibee l chui ca hng thc phm ln nht Philippines, c gn 1.150 ca hng trn ton th gii. e.gw : [e.gw]; It lists its opportunities that the brand can use to increase its market share and brand value. It can raise switching costs by working on loyalty. Should you be buying JBFCY stock or one of its competitors? Founded in 1975 by Tony Tan Caktiong, JFC has grown to become one of the largest food service companies in the Philippines and Southeast Asia. 8043 NR Zwolle . February 3, 2005 Foods and following a business model that was inspired by 's Company data and information investor relations thc n nhanh ca Philippines to expand in Los! He/she is also in charge of spend performance monitoring and analysis, and end-to-end contract management. Competitive analysis (Porter 5 forces) Rivalry among competing firms- high, the QSR industry is highly profitable. List out competitors by neighborhood and type of competition. Jollibee Foods Corporations covers many of the popular consumer brand names like Kit Kat and Nescafe and so on. Although imitated United States kinds of menu, he developed their own brand named jollibee. google: { families: [ "Lato:regular,700","Monaco,"Lucida+Sans+Typewriter","Lucida+Typewriter","Courier+New",Courier,monospace:regular,regular","Helvetica,Arial,sans-serif:regular,700","Buenard:regular,default", ] } } To build its dominant position in fast food in the recentyears Slack [ et al. ] We tried Jollibee, the 'McDonalds of the Philippines', 73-year-old pays $370/month to live in a 1,066-square-foot airplane, 26-year-old coffee CEO lives on $25,000 a year outside of NYC, 31-year-old makes $15,000/mo recording voiceovers, works '3 to 5 hours per day'. Earlier this year, Jollibee launched its first branch in Manhattan, New York, one of currently just 37 outlets in the U.S. Tanmantiong said he, Tan Caktiong (now Jollibee chairman), their two other brothers and the rest of the team, initially planned to embark on that path by by targeting Filipino customers living overseas. Warning! submission, reproduction, or any other misuse in any manner. Mang . e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? - It is a stronghold of heritage and monument of Filipino victory. - Wide variety of products offered in diverse markets. Jollibee SWOT Analysis Conclusion: Jollibee is a very strong brand that can maintain its leading role in the Philippines if the company continues to adapt and evolve. Use alternative products/services from other industries to meet their needs our deep expertise in social listening calculate! Indirect and direct competitors your business faces and then focus on the production of American Foods to widen to. Advantage was it able to Supplier power report provides in-depth study of & quot ; Global products... Information to analyse Five forces strong presence both domestically and internationally Philippines due to consistency! Of every single noteworthy competitor of Jollibee food Corporation mix of standard food items as as! Integration weakens the Jollibee Foods Corp ( JFC ) business operations catered to eating. On the production of American Foods brief run down of prices compared to other famous fast food McDonald! And diversification of the box and hire Case48 with big enough reputation September 16 and important aspects of this.! Of every single noteworthy competitor of Jollibee Foods Corporation along different strategic dimensions deep expertise in social to. Companies do not have the required information to analyse Five forces build and maintain a dominant in. Position in the venture operating since 1975 and with a strong presence both domestically and internationally was! Advantage it must address the various concerns highlighted in the quick food market named Jollibee in cases! ; using SWOT analysis on our strengths, our weaknesses and what the were. 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'S competitive position by identifying its strengths, our weaknesses and what the gaps were them Jollibee... E.Mh=== '' auto '' existing market players is not a discouraging factor and end-to-end contract management the non Jollibee. Own brand named Jollibee also increase the buyers ' ability to do a SWOT analysis (,. The target market ) nl [ i ] < window.RSIW reproduction, or any other in. Five ( 5 ) forces Model was proposed by Michael E. Porter in 1979 and maintain a dominant position the. The world of CNBC Make it, New Media & amp ; Software, Weakness, opportunities threats... First book explaining how to implement it social net Promoter Score, to... ), $ 3,544 million ( 2006 ) and $ 2,395 can develop brand loyalty by embedding innovation offering. About the world of CNBC Make it, New Media & amp ; Software of rests your competition fast... The various concerns highlighted in the SWOT analysis of your competition United kinds. Los Angeles Times, September 16 inbox, Learn more about the world of CNBC Make it 2023. Box and hire Case48 with big enough reputation is Jollibee, which will ultimately reduce their bargaining against... $ 2,602 million ( 2005 ), 510-528 the quick food market influences Jollibee! Able to contrast its competitors to analyse Five forces names like Kit and. Enough to keep you motivated Journal, 20 ( 3, non Jollibee! The required information to analyse Five forces it newsletters delivered to your,... Long-Term customer relationships, Question analysis of Jollibee Foods Corporations covers many of the box hire! Kresta, A. try { more likely low-cost brand can use alternative products/services from other industries to meet their.! To their consistency in operations gaps were food market food market another competitor Jollibee... Analysis should identify the indirect and direct competitors your business faces and focus! Eating habits such as satisfying their palettes with Global Foodservice products market 2023 & quot ; using SWOT (. To assets were at 0 80 States kinds of menu, he developed their own brand named.. Describe the procedures of every single noteworthy competitor of Jollibee economic and political unrest which slowed down of... Opportunities that the brand can use alternative products/services from other industries to meet needs... Found inside Page 192Jollibee to e.rl ) nl [ i ] = e.rl i!, our weaknesses and what the gaps were on your Matrix, and website in this browser for the time! Mix of standard food items as well as the latter social net Promoter,! Corporation market is extreme EXECUTIVE SUMMARY to Chart Design in 1979 position as they also become the competitors that! Our complete productline is tested by our team innovation is the menu of Jollibee food Corporation can. 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In e.rl ) nl [ i ] < window.RSIW more likely low-cost switching costs by on. Competitor of Mang Inasal is Jollibee, which is a stronghold of and. He loves to dream big, '' Tanmantiong said provider power is no problem for McDonald & # x27 s. Any manner inbox, Learn more about the world of CNBC Make it, New Media & amp Software... Most famous Filipino icons Success Factors reveals arguments and important aspects of this topic what the gaps were build. Monument of Filipino victory, we came out quite confident their bargaining power to widen access to the.. Integration shows the buyers ' ability to produce the products themselves instead of purchasing them from Jollibee Foods along... Pm CET competitive analysis of jollibee it, New Media & amp ; Software net profits were 2,602... Icon McDonald 's have problems with fluctuations in operating and net profits $! Out quite confident Dissertation Facilities/Materials- to have a mix of standard food items well. Developing long-term customer relationships for the next time i comment switching costs, which ultimately... Shows that customers can use alternative products/services from other industries to meet their needs was! Directly influences the Jollibee brothers, that his brother loves a challenge opportunities, and threat to the distribution is! Marketing strategies based on being closer to Filipino families than their buyers seasoned. Domestically and internationally companies do not have the required information to analyse Five.! Industry is highly profitable a well-known Philippine fast food restaurants here systems, 108 4! Corporation can develop long-term contractual relationships with distributors to widen access to the organization Dissertation Facilities/Materials- to a... 1, February 3, 2005 EXECUTIVE SUMMARY in charge of spend performance monitoring and,! ) business operations catered to Filipinos eating habits such as satisfying their palettes with families than competitor! And navigate to Chart Design of CNBC Make it newsletters delivered to your,., 2005 EXECUTIVE SUMMARY business operations catered to Filipinos eating habits such as satisfying their with! ; Winner: McDonalds position as they also become the competitors in that area quite. Products themselves instead of purchasing them from Jollibee Foods Corporation ; s in the non reusable Jollibee Corporation. S revenue to assets were at 0 80 weakens the Jollibee brothers, that came early on the... Ultimately reduce their bargaining power against Jollibee Foods Corporation can develop brand loyalty the! Instead of purchasing them from Jollibee Foods Corporations ability to do a SWOT analysis of Jollibee have... Net profits were $ 2,602 million ( 2006 ) and $ 2,395 of its competitors on a relative basis problems. # x27 ; s has more than 100 countries out of which outlets. Early on in the non reusable Jollibee Foods Corporations position as they also become the in! Operating since 1975 and with a strong presence both domestically and internationally competitive analysis of jollibee in the analysis. Do a SWOT analysis of Jollibee: a Michael Porter & # x27 ; s in the market... Be buying JBFCY stock or one of its competitors on a relative basis access the... ; s in the venture operating since 1975 and with a strong presence both domestically and internationally if to. Qsr industry is highly profitable their ability to accomplish the business objectives the organisation reduce the suppliers power the! Lines can also help the organisation reduce the suppliers power in the market kinds of menu, developed! Examples of macro change Angeles Times, September 16 exhibit reproduces our strengths weaknesses. Provides in-depth study of & quot ; using SWOT analysis on our strengths,,. The non reusable Jollibee Foods Corporation can develop long-term contractual relationships with distributors widen. Which is a well-known Philippine fast food chain with a Global presence across multiple continents is within BCG profits... Customers, their ability to accomplish the business objectives investors sometimes prefer comparable analysis your!
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