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3 years ago

Which act makes it illegal for american executives to bribe foreigners to gain business?

1 answer:

8 0

The answer is "Foreign Corrupt Practices Act".

The Foreign Corrupt Practices Act (FCPA), sanctioned in 1977,generally restricts payment of bribes to foreign authorities to help with getting or holding business. The FCPA can apply to denied lead anyplace on the planet and reaches out to traded on an open market organizations and their officers, executives, representatives, investors, and specialists. Operators or agents can incorporate outsider specialists, experts, wholesalers, joint-venture accomplices, and others.

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Will name brainlest

lesya692 [45]

Distribution and Logistics

7 0

3 years ago

Read 2 more answers

If you're using a 50/30/20 budget,

postnew [5]

Answer:

B: 20%

Explanation:

you spend 50% of your after-tax pay on needs

30% on wants, and

20% on savings or paying off debt.

So its B 20%

7 0

2 years ago

Assume a purely competitive firm is selling 200 units of output at $3 each. At this output, its total fixed cost is $100 and its

raketka [301]

The correct option is: maximizing its profit, but not necessarily the maximum profit.

<h3>What is Profit Maximization in a Perfectly Competitive Market ?</h3>

The perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price.

When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.

A perfectly competitive firm has only one major decision to make—namely, what quantity to produce. To understand why this is so, consider the basic definition of profit:

Profit=Total revenue−Total cost

(Price) (Quantity produced)−(Average cost) (Quantity produced)

According the question scenario,

Given:

Firm is selling = 200 units

output = $3 each

fixed cost = $100

variable cost = $350

solution:

Total average cost = variable cost + fixed cost .........(1)

Total average cost = 350 + 100

Total average cost = $450

Cost per unit = average cost ÷ no of unit ...................(2)

Cost per unit = 450 ÷ 200

Cost per unit = $2.25

So here firm is incurring per units is $2.25 but here earning per unit is $3.

So that here firm is earning economic profit as here market price is greater than earning maximum profit.

Therefore, we can conclude that the correct option is : maximizing its profit, but not necessarily the maximum profit.

Learn more about Profit Maximization on:

brainly.com/question/13464288

#SPJ4

8 0

2 years ago

Explain why private ownership is a positive aspect of economic system

uysha [10]

Answer:

Private property and protection of property rights are important because it helps the economy deal with the issue of resource scarcity by ensuring its use is controlled through ownership. The private owner of a resource is expected to act in their self-interest to develop products

3 0

4 years ago

Which of the following is most consistent with a relationship marketing strategy?

aleksklad [387]

Answer:

Option C

Explanation:

Relationship marketing refers to the strategy aimed at encouraging customer satisfaction, communication, and tight-term commitment. It is built to create strong customer relationships by presenting them with content that is specifically relevant to their desires and needs, and by encouraging open lines of communication.

Relationship marketing involves building and preserving interaction with customers over period via online marketing or other techniques which improve their chances of coming back to your company in the future. In particular, regular customers are essential because they are major sources of new clients and reviews and are also inclined to make repeated purchases.

4 0

3 years ago