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Análise institucional

  • 1. ! "# $ % &∗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∗ 6 4 9 4 +?* ) + + 4 0 1< 6&6 6 6
  •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
  • 3. / 0 4 )+ * ,* + 6 ,*./ + ) 3 4,* (3< + ) )*.+ ) )* ) ( 4 1< + - ) 6 + + ) )*.+ ) )* ) M - 5 ) 4 *) ) 4 12 ' ) 4 + 6 ) )*.+ ) )* ) 2 + + :4 ( ) + / /( ) + ( 4 ,* ) ) 3 + 4 4 + 4 ( 4 + 4& ' ) )*.+ - 4 12 ( ) 4 0 12 + ) )* ) 2 * 3 ) 6 4 : ( ) + ) 3 4,* 3 4 4 / 4 ) )* 12 ) ( 4 )4 : 5 + + 4 6 + 4 4 / + *) )/ + ) )* 1< *? 4 1< + )2 * ) = / ./ >6 ) 34 ( 4 9 (:4 12 + ;( )4 + ( ) 40 + 3 4 *4 * + ) 0 12 + ) + ) )* 12 ( (34 - *+ 4 ) ( ) 3 * + 4 ,* ,* + 4 1< )4 ) )*.+ ) )* ) ) )*.+ ( * 9 *4 N9 4( ) / * ) : + + 34 / 4 - = 4 > 3 4 3 4( ) 4 4 12 ( ) 4 0 12 5 ) 4 + ( 4 3 4+ ( 3 4 / 0 + / +* ( ( ) ) ( 94 3 0+ + ) 4+ ) : + + 34 / 4 + *( (. ( + 48 + 4 0 12 ) 4 34 ) 6 " # ) )4 + :4 ) + + 4 * 34 9* + ( ) )4 9 4( 12 6 ) 4 )4 + + 3 ) 4 3 ) )* # 44*: $* )) 4 - )4 9 4( + + / /+ : 9 *8 + = @3 2 + + 4 >+ % HK6 34 1 *8 + ) )* 12 2 34 ) E : 4/ 12 ( + ) (3 + 4 + )4 /- + *( 3*4 ( ) ) 4 * + *( ) ( + + 8 ( )4 /- + + 4 )*4 N * )4*.+ 6 2 - ,* 34 3 4 4 ) )* 7 - ) ,* 34 +*0 ,* 0 3 + 6 + 4 + % HK 34 +*0 ( *( / 4 2 3)* - + 4 ,* 34 +*0 ) 7 )4 : 5 + + 4 34 + 9* + )4 : 5 + 6O / 4 2 + 4 12 )4 ) + 47 34 ( + + * + :4 34 ( 4 6 + 4 =- *( ( ,* + (3 4 )*4 * )4*.+ 3 4 9 + @3 4 ( ) 12 * + ) 4/ 12 > 3 + 6 4 3 + ) + + 4 : ( )4 : 5 + ) 434 ) 12 ( + *4 @3 ) / 7 + 4 9 4 ( ) 4 3 4 9 0 )4 : 5 + 96 3 + 6 + 4 +8 )4 4 1< ) )* 0 + 3 4 @ (3 + 4 ,* ) )* = ( 4 9 ) > - 3 4) + 4 34 +*) 4 + )+ 3 4 + + 6 ) + + 4 2 9 *:( ) + ( ( 4 4 ) 4 ,* ) + ) )* 12 6 * + 12 + ) ) 3 4( : ) ) (3 49 ) )4 + ) 4 6 (34 2 34 : ( ) 4 ) ) * + 9 2 3 4 / 0 3 4 3 + ( * + 0 ( + ( )4 *4 * 4) = *4 * )5- 4 + I *4 > = 2 - ) )* 3 4+ ) 4 + + 4 *( )- =3 /4 ) > & ' ,* + 3 /4 + 9 ) E / :*4 4 A> *4 * 6 4 1< )4 + 4 ) ) + @ ( *( 4 9 12 ,* ) 3 4 9 0 47 = ( 3* 12 + + 4 3 4( + ) ) ) > 3 + 6 + ? + =3P4 ) * * 4> + 4 +*0 4 E * 9 ; 4) + 3 ( ' ) H7 44 ) :4 / 4 0 12 + + 4 *:/ 4 0 12 + ) 9 ) 3 4 4) ) )* ) 6 ) ) )*+ 34 ) :4 )*+ ,* 0 -
  •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
  •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
  •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
  •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