Answer:
C) Paying a bribe to a company executive in order to be awarded a contract.
Explanation:
Not only politicians or public officials are corrupt, in order for corruption to exist, there must be some private party willing to give a public servant something in exchange for an illegal favor.
During the past few years a huge corruption scandal was uncovered in Brazil, called the lavajato (car wash in English). The most important result was not only the billions of dollars recovered from public servants and politicians, but the fact that the owners and upper management of virtually all the largest Brazilian corporations were sent to jail as accomplices. It is not common that the richest people in a country are sent to jail.
Genetech corp. has invested heavily to develop a patented new product. Genentech wants to achieve a rapid return on its investment. it probably should set a profit maximization.
Profit maximization in economics refers to the short- or long-term process through which a corporation chooses the price, input, and output levels that result in the largest profit. The firm is typically modelled as maximizing profit in neoclassical economics, which is currently the dominant approach to microeconomics.
Economic and social well-being are indirectly influenced by the profit maximization idea. A company uses and allocates resources effectively when it is profitable, and this results in payments for capital, fixed assets, labour, and organization. Economic and social welfare is achieved in this way.
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Answer:
Demographic Segmentation
Explanation:
Demographic segmentation is a technique used to divide a large group of potential custoners in to groups depending on their gender, age, location, etnia, income, etc.
In this case AA is segmentating based on gender or location (zip Code)
Demographic segmentation is based on demographic information of the customer and it helps to target the message in order to reach the relevant audience.
Answer and Explanation:
Any additional cost incurred on account of improving the performance of long term asset is called capital improvement.
1. New component was purchased to improve the efficiency of the equipment.
Journal entry:
Particulars Debit Credit
Equipment $22,000
Cash $22,000
(Being component purchased for cash)
Equipment is debited as capital improvements are made.
2. In the third year, some repair expense incurred for maintaining the efficiency of equipment.
Journal entry:
Particulars Debit Credit
Repair expense $6,250
Cash $6,250
(Being repair expense incurred and paid in cash)
increase in expenses is debited and decrease in asset (cash) is credited.
3. Since repairs is improving the useful life of the equipment, it is considered capital improvement, so the same will be charged to the equipment.
Journal entry:
Particulars Debit Credit
Equipment $14,870
Cash $14,870
(Being repair expense charged to equipment)