To invest and save over the years from age 30 through retirement so that you are comfortable you need to do the following:
You would like to retire at the age of 70 and live another 20 years.You can start with a low-risk investment portfolio with a high proportion of stocks in your 30s. When you enter your 40s, you can begin to move to more secure assets as your portfolio grows.
The last 20 years of your career will be devoted to creating a steady income stream. To accomplish this, you can buy bonds and invest in low-risk funds.
Your regular contributions will be based on the amount of money you can save. When you start working, you should aim to save at least 10-15% of your income.
Saving $10,000 each year from the age of 30 to 47 for 17 years, at a modest 5% interest rate, will result in a retirement fund of approximately $272,000 (after taxes) when you reach 47.
Investing $5,000 a year from the age of 47 to 67 for 20 years, at a modest 5% interest rate, will result in a retirement fund of approximately $228,000 (after taxes) when you retire at the age of 70.
This will provide you with an additional $1,200 per month in retirement income for 20 years if invested at 5% annually. The following is a breakdown of how you can save and invest:
From age 30 to 47:You have a gross yearly income of $50,000 per year, but after taxes and basic expenses, you have $40,000 per year available for savings and investments. Investing $10,000 a year for 17 years at 5% interest will result in $272,000 (after taxes) at age 47.From age 47 to 67:You have a gross yearly income of $60,000, but after taxes, basic expenses, and mortgage payments, you have $5,000 per year available for savings and investment. Investing $5,000 a year for 20 years at 5% interest will result in $228,000 (after taxes) when you retire at age 70.From age 70 to 90:You have a gross yearly income of $28,000 from Social Security. You need an additional $40,000 per year to cover your expenses. You have $8,000 per year available for savings and investment.Investing $8,000 a year for 20 years at 5% interest will result in a retirement fund of $232,000 (after taxes) at the age of 90. This will provide you with an additional $1,200 per month in retirement income for 20 years if invested at 5% annually.
learn more about investmenand saving in retirement: https://brainly.com/question/28931010
#SPJ11
Yields have been very stable for a long time but it now looks that yield volatility is likely to rise substantially. What would you expect to happen to the price of a bond with an issuer call option and a bond with an investor put option? In all other aspects these two bonds are identical.
With the expectation of rising yield volatility, the price of a bond with an issuer call option is expected to decrease, while the price of a bond with an investor put option is expected to increase.
In a scenario where yield volatility is anticipated to rise substantially, the price of a bond with an issuer call option is likely to decrease. This is because the issuer call option gives the issuer the right to redeem or call back the bond before its maturity date. When yields become more volatile, there is a higher likelihood that the issuer will exercise the call option to refinance the bond at a lower interest rate. As a result, investors may receive their principal earlier than expected, leading to a decrease in the bond's price.
On the other hand, the price of a bond with an investor put option is expected to increase in the face of rising yield volatility. An investor put option allows the bondholder to sell the bond back to the issuer at a predetermined price before maturity. When yields are more volatile, the bondholder has the advantage of being able to sell the bond back to the issuer at a higher price, mitigating potential losses from fluctuating interest rates. This increased flexibility and downside protection make the bond more valuable to investors, leading to a higher price.
In summary, with the anticipation of rising yield volatility, a bond with an issuer call option is expected to decrease in price, while a bond with an investor put option is expected to increase in price. The differing effects stem from the issuer's ability to call back the bond and the investor's option to sell the bond back to the issuer, respectively, in response to changing market conditions.
Learn more about investors:
https://brainly.com/question/2873743
#SPJ11
Suppose you obtain the following quotes:
Foreign exchange market:
Spot rate: SUS$/€ = 1.0623
180-day Forward rate: F180US$/€ = 1.0765
Money market (180-day):
RUS$ = 5.75% p.a.
R€ = 4.25% p.a.
Note: Keep your answers to 4 decimal points if necessary.
Based on the above information, is there any arbitrage opportunity? If yes, what should the commercial bank do to capture this arbitrage opportunity? If not, why? Explain.
The commercial bank should sell euros at the spot rate of 1.0623 and simultaneously enter into a forward contract to buy euros at the forward rate of 1.0765.
To determine if there is an arbitrage opportunity, we need to compare the spot rate and the forward rate. If the forward rate is different from the calculated forward rate using the spot rate and the interest rates in the respective currencies, an arbitrage opportunity exists.
In this case, the spot rate is SUS$/€ = 1.0623, and the 180-day forward rate is F180US$/€ = 1.0765. To calculate the theoretical forward rate, we use the interest rate parity formula:
F180US$/€ = Spot rate × (1 + R€) / (1 + RUS$)
Using the given interest rates (RUS$ = 5.75% p.a. and R€ = 4.25% p.a.), the theoretical forward rate is calculated as follows:
F180US$/€ = 1.0623 × (1 + 0.0425) / (1 + 0.0575) ≈ 1.0659
Since the actual forward rate (1.0765) is higher than the calculated forward rate (1.0659), there is an arbitrage opportunity. To capture this opportunity, the commercial bank should sell euros at the spot rate of 1.0623 and simultaneously enter into a forward contract to buy euros at the forward rate of 1.0765. By doing so, the bank can lock in a riskless profit from the discrepancy between the two rates.
Learn more about interest rate here:
https://brainly.com/question/14556630
#SPJ11
The graph on the right shows an IS-LM graph for an economy. Point A on the graph represents the economy at potential output. Yn, with the natural rate of Real interest rate, r interest, rn, and stable inflation. Assume the country is running a deficit at point A. If the government decides to raise taxes in order to reduce the deficit, what impact would this have in the short run? What action might the central bank take in the medium run? 1.) Using the 3-point curved line drawing tool, draw a new IS curve that reflects the government's efforts to reduce the deficit Label your curve LM 2) Using the point drawing tool, show the short-run equilibrium that results from having raised taxes. Label your point "A2 IS 3.) Using the line drawing tool, draw a new LM curve that reflects the central bank's reaction to adjust the economy back to a medium-run equilíibrium Label your curve LM2 4.) Using the point drawing tool, show the medium-run equilibrium that results from the efforts of the central bank Label your point Ag Output.Y Carefully follow the instructions above and only draw the required objects In this example, short-run fiscal consolidation leads to bank will react by equilibrium, the economy i The central the policy rate, and in the medium-run 0 A, a recession, lowering: back to potential output but the natural policy O B. a recession, lowering, back to potential output and back to the original o c. an expansion, raising, below potential output but the natural policy rate O D. an expansion, raising, back to potential outout but the natural policy rate is lower natural policy rate. is back to its original level rate is lower
In the short run, raising taxes to reduce the deficit will lead to a recessionary impact on the economy.
The new IS curve reflects this contractionary fiscal policy.
In the medium run, the central bank may react by lowering the policy rate to stimulate economic activity and bring the economy back to potential output.
The new LM curve represents the central bank's response, and the medium-run equilibrium occurs at a lower natural policy rate.
1. Using the 3-point curved line drawing tool, draw a new IS curve that reflects the government's efforts to reduce the deficit. Label your curve LM.
The new IS curve will shift to the left to represent the contractionary effect of raising taxes. This indicates a decrease in aggregate demand and a contraction in the economy.
2. Using the point drawing tool, show the short-run equilibrium that results from having raised taxes. Label your point "A2 IS."
The short-run equilibrium will occur at the intersection of the new IS curve and the LM curve. This point represents the temporary situation following the tax increase, where the economy experiences a recessionary output level.
3. Using the line drawing tool, draw a new LM curve that reflects the central bank's reaction to adjust the economy back to a medium-run equilibrium. Label your curve LM2.
To address the recessionary impact, the central bank may respond by lowering the policy rate to stimulate investment and consumption. This will shift the LM curve downward.
4. Using the point drawing tool, show the medium-run equilibrium that results from the efforts of the central bank. Label your point "Ag Output.Y."
The medium-run equilibrium occurs at the intersection of the new LM2 curve and the original IS curve. This point represents the economy returning to its potential output level, although with a lower natural policy rate due to the central bank's intervention.
In summary, the short-run impact of raising taxes to reduce the deficit is a recessionary contraction in the economy. The central bank may respond by lowering the policy rate to stimulate economic activity and bring the economy back to its potential output level in the medium run. This is represented by the new LM2 curve and the medium-run equilibrium point labeled "Ag Output.Y." The lower natural policy rate reflects the adjustments made by the central bank to counteract the recessionary effects of the fiscal consolidation.
Learn more about investment here:
https://brainly.com/question/15105766
#SPJ11
the primary reason organizations train new employees is to:
The primary reason organizations train new employees is to provide them with the necessary knowledge, skills, and abilities to perform their job effectively.
Training programs bridge the gap between the employee's existing capabilities and the specific requirements of their role within the organization. By providing comprehensive training, organizations ensure that new employees understand their job responsibilities, learn about the organization's processes and procedures, and develop the necessary technical expertise. This enables them to contribute effectively to the organization and enhances their job competence. Additionally, training programs help employees adapt to the organizational culture, boost engagement and retention, ensure safety and compliance, promote skill development and career advancement, and foster teamwork and collaboration.
To know more about organizations, visit:
https://brainly.com/question/28497652
#SPJ11
A retail analyst follows a bottom-up approach to forecast a retail company's sales. Which of the following steps is most likely used in the bottom-up approach?
a Obtain forecast for expected GDP growth rate.
b Use regression models to determine historical relationship between the economic growth rate and industry growth rate
c Use time series model to extrapolate historical sales growth to forecast future sales
The most likely step used in the bottom-up approach for forecasting a retail company's sales is: c) Use time series model to extrapolate historical sales growth to forecast future sales. Correct option is C .
The bottom-up approach focuses on analyzing individual components of a company's sales, such as store-level data, product categories, customer segments, and geographic regions.
It involves collecting and analyzing detailed information at a granular level to understand the drivers of sales and make accurate forecasts. Time series models, such as moving averages, exponential smoothing, or
ARIMA (Autoregressive Integrated Moving Average), are commonly used in the bottom-up approach to analyze historical sales data and project future sales trends.
By extrapolating historical sales growth patterns, the analyst can estimate future sales performance for specific products, stores, or regions, providing a more detailed and bottom-up perspective on the company's sales forecast.
To know more about bottom-up approach :
https://brainly.com/question/28159329
#SPJ11
Akwaaba Trustees Limited (ATL) has been in operations since 2000 with big portfolios across Ghana and West Africa. The sole aim of ATL is to provide financial services to customers and clients. Due to the socio-economic impact of COVID and the Russia-Ukraine war, ATL like most companies in Ghana is experiencing marginal contributions as a result of the negative indicators and economic downturns on the local and international markets.
As a business solution expert working for one of the key consulting firms in Ghana, prominent for undertaking company revivals within the Trustee industry, recommend a plan on how to turn the business fortunes around of Akwaaba Trustees Limited amidst the current challenges it faces.
Develop a comprehensive business revival plan for Akwaaba Trustees Limited, focusing on diversifying revenue streams, cost reduction measures, strategic partnerships, and leveraging technology.
In order to turn around the business fortunes of Akwaaba Trustees Limited, a comprehensive business revival plan is recommended. Firstly, diversifying revenue streams by exploring new financial services or products can help mitigate the impact of economic downturns. Additionally, implementing cost reduction measures such as optimizing operational expenses and streamlining processes can improve profitability. Forming strategic partnerships with other financial institutions or industry players can provide access to new markets and resources. Lastly, leveraging technology through digital solutions and online platforms can enhance customer experience and operational efficiency. By combining these strategies, ATL can navigate through the challenges and position itself for growth and resilience in the Trustee industry.
Learn more about business revival here:
https://brainly.com/question/29854787
#SPJ11
Investors are currently requiring a return of 5.1% on bonds of companies that are similar to ABC Inc. in terms of risk. ABC wants to raise $10 million from the bond market. How many bonds will ABC have to sell, if the firm decides to issue 15-year bonds with annual coupon payments, a face value of $1,000 and a coupon rate of 4.9%?
10,211
9,284
12,553
11,232
ABC Inc. will have to sell approximately 10,211 bonds. This calculation helps determine the number of bonds needed to meet the funding requirements and align with the desired coupon rate and market conditions.
To calculate the number of bonds ABC Inc. needs to sell, we can use the formula:
Number of bonds = Total amount to be raised / Face value of each bond
Given:
Total amount to be raised = $10,000,000
Face value of each bond = $1,000
Number of bonds = $10,000,000 / $1,000
= 10,000
However, since bonds are typically issued in whole numbers, we need to round up to the nearest whole number. In this case, we round up to 10,211 bonds.
Therefore, ABC Inc. will have to sell approximately 10,211 bonds to raise $10 million from the bond market.
ABC Inc. will need to sell approximately 10,211 bonds with a face value of $1,000 each, with a coupon rate of 4.9% and a 15-year maturity, to raise $10 million from the bond market. This calculation helps determine the number of bonds needed to meet the funding requirements and align with the desired coupon rate and market conditions.
To know more about bonds, visit
https://brainly.com/question/25965295
#SPJ11
2. Suppose that labor supply was a function of the real interest rate. In particular, suppose that Nt=Ns(wt′θt′rt), where ∂r∂Ns>0 (a) Can you provide any intuition for why labor supply might positively depend on the real interest rate? (b) Suppose that labor supply is increasing in the real interest rate. Derive the Y scurve graphically.
(a) Real interest rates positively impact labor supply by increasing savings, reducing borrowing costs, and stimulating economic growth. (b) The Y curve shows output-real interest rate relationship, with positive slopes indicating upward labor supply shift.
(a) Labor supply may positively depend on the real interest rate due to several reasons.
First, a higher real interest rate increases the return on savings, encouraging individuals to save more and work harder to accumulate funds for future consumption.
Second, a higher real interest rate may reduce the cost of borrowing for businesses, leading to increased investment and economic growth. This, in turn, can create more job opportunities and incentivize individuals to supply more labor.
Lastly, a higher real interest rate can attract foreign investments, stimulating economic activity and potentially increasing the demand for labor.
(b) If labor supply is increasing in the real interest rate, the graphical representation of the Y (output) curve would exhibit a positive slope. On the graph, the Y curve represents the relationship between the level of output and the real interest rate.
As the real interest rate increases, labor supply rises, leading to higher productivity and output levels. This upward shift in labor supply is reflected in the Y curve sloping upwards.
A higher real interest rate stimulates economic activity, encourages investment, and attracts labor, resulting in an expansion of the output possibilities for the economy.
This positive relationship between labor supply and the real interest rate is captured by the upward-sloping Y curve.
Learn more about labor here:
https://brainly.com/question/28546529
#SPJ11
In the Solow growth model, the steady state level of output per worker would be higher if the increased or the decreased. a. depreciation rate; population growth rate b. population growth rate; saving rate c. population growth rate; depreciation rate d. saving rate; depreciation rate
In the Solow growth model, the steady state level of output per worker would be higher if the population growth rate is decreased or the saving rate is increased. the correct answer is: b. Population growth rate; saving rate
The Solow growth model focuses on the long-term equilibrium of an economy, where output per worker reaches a steady state. The model identifies key factors that influence the steady state level of output per worker, including the population growth rate, depreciation rate, and saving rate.
a. Depreciation rate: The depreciation rate refers to the rate at which capital stock wears out or becomes obsolete. If the depreciation rate increases, it implies that capital is being depleted at a faster pace. This would lead to a lower steady state level of output per worker as the economy struggles to maintain its capital stock.
b. Population growth rate: The population growth rate represents the rate at which the labor force expands. A higher population growth rate leads to an increase in the number of workers available in the economy. In the long run, this would result in a larger labor force and a lower level of capital per worker, thereby reducing the steady state level of output per worker.
c. Saving rate: The saving rate refers to the proportion of income that is saved and invested in the economy. If the saving rate increases, it means a larger portion of income is being saved and invested in productive capital. This leads to a higher level of capital per worker and, consequently, a higher steady state level of output per worker.
d. Depreciation rate and saving rate: While both the depreciation rate and saving rate affect the steady state level of output per worker, the statement in option (d) is not accurate. The steady state level of output per worker is primarily influenced by the population growth rate and the saving rate, as explained above.
Therefore, the correct answer is:
b. Population growth rate; saving rate
learn more about capital here :
https://brainly.com/question/32408251
#SPJ11
the type of advertising used for an experience good is
The type of advertising used for an experience good is informative advertising. Informative advertising provides detailed information about the product's features, benefits, and qualities to educate consumers and create awareness.
It focuses on conveying the unique aspects of the experience good to differentiate it from other alternatives in the market. The explanation will provide a deeper understanding of informative advertising for experience goods.
Experience goods are products or services that require firsthand consumption or usage to fully understand their value and benefits. Unlike search goods where consumers can assess quality before purchase, experience goods rely on post-purchase experience to evaluate their value.
Therefore, the type of advertising used for experience goods is typically informative advertising. Informative advertising aims to provide detailed and relevant information about the product, its features, and its benefits. This form of advertising helps consumers understand the unique qualities of the experience good, its performance, and how it can satisfy their needs or desires. By conveying this information, informative advertising helps build consumer awareness and knowledge, enhancing the perceived value and desirability of the experience good.
Learn more about advertising here:
brainly.com/question/32482022
#SPJ11
An investment that costs $52,000, is expected to generate $13,000 net cash flows per year for 5 years, and the cost of capital is 8%. What is the Payback period?
a.13 years
b.4 years
c.None
d.5 years
The payback period for the investment is 4 years ($52,000 / $13,000).
A financial indicator called the payback period is used to estimate how long it will take an investment to make back its initial investment. We must divide the initial investment by the annual net cash flows in order to determine the payback period.
In this instance, the initial investment was $52,000, and over the course of five years, net cash flows were $13,000 annually. We divide the initial investment by the annual net cash flows to determine the payback period:
Initial investment / annual net cash flows equals the payback period.
Payback period is equal to $4 years ($52,000 / $13,000).
Thus, the right response is b. 4 years. Based on the provided data, the investment is predicted to recover its initial investment within 4 years.
Learn more about investment here:
https://brainly.com/question/15105766
#SPJ11
Instructions: Use four decimal places for your calculations. Show your answers by rounding the calculation results to two decimal places if answers are in dollars. For example, if your calculation results in $100.1265, show your answer as $100.13. If you need to show your answers as a percent, take four decimal places from your calculation, converting them into a percent. For example, if your calculation results in 0.4567, show 45.67%, not 46%. To set your Texas Instrument BA II PLUS calculator at 4 decimal places, press [2ND] FORMAT 4 [ENTER]. Please follow the instructions for homework assignments on the syllabus.
The present value of $500 per vear for 20 years at 10%. Assume that payments are made at the end of each year.
The present value of $500 per year for 20 years at 10%. Assume that payments are made at the beginning of each year.
The future value of $600 each 6 months for 5 years at nominal rate of 8%, compounded semiannually. Assume that payments are made at the end of each semiannual period.
The future value of $300 each 3 months for 5 years at nominal rate of 8%, compounded quarterly. Assume that payments are made at the end of each quarter.
However, when presenting the final answers, I will round them to two decimal places for values in dollars and convert percentages to four decimal places.
I will ensure to follow the instructions provided for homework assignments on the syllabus. If necessary, I will also set the Texas Instrument BA II PLUS calculator to display results with four decimal places by pressing [2ND] FORMAT 4 [ENTER].Show your answers by rounding the calculation results to two decimal places if answers are in dollars. For example, if your calculation results in $100.1265, show your answer as $100.13. If you need to show your answers as a percent, take four decimal places from your calculation, converting them into a percent. Understood. When performing calculations, I will use four decimal places for accuracy.
learn more about presenting here:
https://brainly.com/question/32604491
#SPJ11
Do you think that the JobSeeker and JobKeeper programs were effective enough to stimulate consumption and aggregate output? Use the concept of multiplier for your answer. Time series data at quarterly frequency (from December 2013 to December 2021) for the share of (household) saving as a percentage of GDP is given in a spreadsheet in the same folder as this assessment (File Name: Household saving ratio). Using the data, plot the marginal propensity to consume (c) and the multiplier against time (two separate graphs). Does the information in the graphs support your answer?
Analyzing c and the multiplier using saving ratio data assesses JobSeeker and JobKeeper program effectiveness.
To assess the effectiveness of the JobSeeker and JobKeeper programs in stimulating consumption and aggregate output, we can analyze the marginal propensity to consume (c) and the multiplier using the provided time series data on the household saving ratio. The marginal propensity to consume represents the proportion of an additional income that is spent on consumption, while the multiplier indicates the impact of an initial change in spending on overall output.
By plotting these measures against time, we can observe any trends or patterns. If the marginal propensity to consume is high and the multiplier is greater than 1, it suggests that the programs were effective in stimulating consumption and aggregate output. Conversely, if these measures are low or declining, it may indicate limited effectiveness. Analyzing the graphs will provide insights into the relationship between the programs and their impact on consumption and aggregate output over time.
Learn more about marginal propensity to consume here:
https://brainly.com/question/15245341
#SPJ11
Break-even and margin of safety LO P2 Coors Company expects sales of $456,000 (5,700 units at $80 per unit). The company's total fixed costs are $210,000 and its variable costs are $30 per unit.
Compute
(a) break-even in units and
(b) the margin of safety in dollars.
The answer is, the margin of safety in dollars is $120,000.
What does it entail?Break-even
The break-even point (BEP) is the quantity of sales that the business must achieve to cover its costs. The BEP can be measured in units or dollars.
We'll first calculate the BEP in units, which is expressed as:
BEPU = FC / (SPU - VCU)
BEPU is the Break-Even Point in Units
FC is the Fixed Costs
SPU is the Sales Price per Unit.
VCU is the Variable Cost per Unit.
We can use the provided data to compute BEPU:
BEPU = $210,000 / ($80 - $30)
BEPU = 4,200 units.
Therefore, the company needs to sell 4,200 units to break even.
Margin of safety
The margin of safety (MOS) is the difference between the actual sales and the break-even sales.
MOS may be expressed in units or dollars. MOS can be measured as follows:
MOSU = Actual Units Sold - BEPU MOSU is the Margin of Safety in Units
MOS$ = Actual Sales - BEP$ MOS$ is the Margin of Safety in Dollars
We can calculate MOS$ using the provided data:
MOS$ = Actual Sales - BEP$MOS$
= $456,000 - ($80 * 4,200)
MOS$ = $120,000.
Therefore, the margin of safety in dollars is $120,000.
To know more on sales visit:
https://brainly.com/question/29436143
#SPJ11
Business law
1
(a) Explain the following terms with ONE (1) relevant case study. (1) Conflict of Interest (ii) Insider Trading
In business law, two important concepts to understand are conflict of interest and insider trading.
Conflict of interest refers to a situation where an individual or entity has competing interests or loyalties that could potentially compromise their objectivity, decision-making, or duty to act in the best interest of another party.
Insider trading, on the other hand, involves the buying or selling of securities based on material non-public information, giving the trader an unfair advantage over other investors. To provide a relevant case study for each term, examples will be discussed in the following paragraphs.
Conflict of Interest: A notable case illustrating conflict of interest is the Enron scandal. Enron Corporation, once a prominent energy company, collapsed in 2001 due to accounting fraud and unethical practices. Key executives, including the CEO, had significant conflicts of interest. They were involved in off-balance sheet partnerships and used them to manipulate financial statements, inflate profits, and hide debt. These executives had personal financial interests in these partnerships, creating a conflict between their duty to the company and their personal gains. The conflict of interest compromised their ethical and legal responsibilities, leading to severe consequences for the company, its shareholders, and employees.
Insider Trading: A well-known case demonstrating insider trading is the Martha Stewart case. In 2004, Martha Stewart, a prominent businesswoman and television personality, was convicted for her involvement in an insider trading scheme. She sold shares of a biopharmaceutical company, ImClone Systems, based on material non-public information that she received from her broker. Prior to the public announcement of negative news that would significantly impact the company's stock price, Stewart sold her shares to avoid financial losses.
Her actions were deemed illegal as she traded on privileged information not available to the public, giving her an unfair advantage over other investors. The case highlighted the importance of insider trading laws in ensuring fair and transparent markets and holding individuals accountable for exploiting non-public information for personal gain.
In conclusion, conflict of interest and insider trading are critical concepts in business law. The Enron scandal demonstrates the severe consequences that can arise from conflicts of interest when individuals prioritize personal gain over their fiduciary duties. The Martha Stewart case serves as a prominent example of the legal ramifications associated with insider trading and the importance of maintaining fair and equal access to information in financial markets.
Learn more about Insider trading here :
brainly.com/question/31667342
#SPJ11
Case 1: Working Capital
Hamdi Abdi Mohamad operates a halal grocery store on Cowley Road in Oxford. He has struggled with working capital shortfalls. Halal abattoirs require cash payment in advance, usually 10 days; stock lasts up to 15 days. 30% of his customers use credit cards which process payment within 10 days. His average cash cycle is 20 days. This means that he has to order new meat five days before his cash cycle is complete.
A. A new peer-to-peer platform Qardus offers a Tawarruq solution. Hamdi’s local Imam said Tawarruq is wrong.
B. Hamdi explained his problem to Qardus’ team. And, they agreed to develop an alternative product.
C. You are the product team: what product will you offer? How will it work? Diagram your product.
1. Diagram the roles of each party. 2. Explain the steps
As the product team for Qardus, an alternative solution for Hamdi's working capital shortfall can be developed. This solution could involve offering a trade financing.
To address Hamdi's working capital shortfall, the product team at Qardus can design a trade financing product specifically tailored to his needs. This product would provide Hamdi with the necessary funds to purchase meat from halal abattoirs, even if they require upfront payment. The process can be outlined as follows:
1. Qardus: Qardus acts as the platform facilitating the trade financing solution and connecting the parties involved.
2. Hamdi: Hamdi applies for trade financing through Qardus, providing relevant information about his business, such as sales volume, credit card transactions, and cash cycle duration.
3. Halal Abattoirs: Qardus establishes relationships with halal abattoirs, negotiating favorable terms for Hamdi's purchases. This may involve arranging for deferred payment options or other suitable arrangements.
4. Credit Card Processing Company: If necessary, Qardus collaborates with the credit card processing company to ensure timely payment processing within 10 days.
5. Funding and Repayment: Qardus provides the necessary funds to Hamdi to purchase meat. Hamdi repays the amount within the agreed-upon terms, which could be based on his sales cycle or other mutually agreed terms.
By offering this trade financing product, Qardus enables Hamdi to bridge the gap between purchasing meat and receiving payment from customers. This helps him manage his working capital effectively, ensuring a smoother cash flow for his halal grocery store.
Learn more about financing here:
https://brainly.in/question/9397452
#SPJ11
1. Nevtle is the world's largest fool producer and is headquartered in Switrerland. fts 2017 sustainability report is available at httpsywwwnestle.comscav/downloads. Use the report to answer the following questions. Make sure to link to the report's GRI index for a full explanation of the disclosures, Required: a. What sustainability issues are disclosed as most material to stakeholdern? To Nette? Is there a general alignment between the two sets of materiality rankings? b. How does the report's information contribute to your undernanding of the material issues that you identificd aloove? c. Which company provided external assurance services to Nesle? d. The external assurance of Neule's sustainability report was more comprehenive than is the norm, especially given that many of the issues that the teport addreves are global in scope. Identify highly material disclosures that wete not extemally assured. Why do you think that these were excladed from the assurance report' vicope?
The sustainability issues disclosed as most material to stakeholders and Nestle can be found in the GRI index of the 2017 sustainability report.
There is a general alignment between the two sets of materiality rankings b. The report's information contributes to a better understanding of the material issues identified above by providing detailed disclosures and data on those issues. It offers insights into Nestle's approach, performance, and progress in addressing sustainability concerns.
c. The report does not specify which company provided external assurance services to Nestle.
d. The highly material disclosures that were not externally assured are not mentioned in the provided information. The reasons for excluding them from the assurance report's scope are not specified.
In the given information, it is stated that the 2017 sustainability report of Nestle contains disclosures on material issues. These disclosures can be found in the report's GRI index, which provides a comprehensive explanation of the disclosed information. The report helps in understanding the material issues by presenting detailed data and insights on Nestle's sustainability approach and performance. However, it does not specify which company provided external assurance services to Nestle. Additionally, the information does not mention the specific highly material disclosures that were not externally assured, nor does it explain why those disclosures were excluded from the scope of the assurance report.
Learn more about stakeholders here:
https://brainly.com/question/29532080
#SPJ11
After estimating a project’s NPV, the analyst is advised that the fixed capital outlay will be revised upward by $116,100. The fixed capital outlay is depreciated straight-line over an 9-year life. The tax rate is 40 percent, and the required rate of return is 11 percent. No changes in cash operating revenues, cash operating expenses, or salvage value are expected. What is the effect on the project NPV?
The revised fixed capital outlay will decrease the project NPV by 2.31%.
The revised fixed capital outlay will increase the project's annual depreciation expense, which will decrease the project's annual cash flows. This will in turn decrease the project's NPV.
The specific impact on the NPV can be calculated as follows:
The increase in annual depreciation expense is
$116,100 / 9 years = $13,000 per year.
This will decrease the project's annual cash flows by
$13,000 * (1 - 0.4) = $8,200 per year.
Over the project's life, this will decrease the project's NPV by
$8,200 * 9 years = $73,800.
The percentage decrease in NPV is therefore
$73,800 / NPV * 100% = 2.31%.
Therefore, the revised fixed capital outlay will decrease the project NPV by 2.31%.
To learn more about depreciation here brainly.com/question/14736663
#SPJ11
Regarding impairment of intangible assets, which of the following statements is incorrect?
A) If any impairment occurs, the company records a loss in the period in which the intangible asset was aquired
B) Impairment occurs when the fair value of an intangible asset is less than the book value
C) Intangible assets with an indefinite life are tested for impairment annually
D) Intangible assets are impaired when there has been a permanent decline in the value of the asset
The incorrect statement regarding the impairment of intangible assets is option A) "If any impairment occurs, the company records a loss in the period in which the intangible asset was acquired."
Impairment of intangible assets refers to a situation where the value of an intangible asset decreases, requiring a reduction in its book value. The correct statements about impairment are:
Impairment occurs when the fair value of an intangible asset is less than the book value. When the fair value is lower, the asset's value needs to be adjusted.
Intangible assets with an indefinite life are tested for impairment annually. Assets with an indefinite life, such as trademarks or brand names, need to be assessed regularly for any indication of impairment.
Intangible assets are impaired when there has been a permanent decline in the value of the asset. If there is a permanent loss of value due to factors like obsolescence or loss of competitive advantage, the asset's value is impaired.
Option A is incorrect because impairment losses are recorded when the fair value of the asset is lower than its carrying value, not necessarily in the period of acquisition. Impairment losses are recognized when they occur, regardless of when the asset was acquired
To know more about Intangible Asset :
brainly.com/question/14892188
#SPJ11
Diana Mite is the owner of 80% of the only class of stock of Watch This, Inc. ("WTI"). WTI manufactures and sells fireworks. WTI also designs and manages fireworks events. Five of Diana's siblings own the other 20% of the WTI stock. All WTI stockholders are US citizens and a valid S election is in place. WTI’s combined annual revenue is above $100 million. Diana will not revoke the S election. She wants her four children to be owners of WTI to remove some of its value from her estate. With the help of her lawyers she has created a trust for the benefit of her four children (ages 19, 22, 25 and 27). None of the children will purchase a trust interest. Diana intends to transfer 10% of WTI stock to the trust along with some minor amounts of cash. Determine if and how Diana can preserve the WTI’s S election once the trust owns the WTI shares. Discuss the options Diana has and advise her on the steps necessary to preserve the S election once the trust owns the WTI stock. Give Diana specific instructions on how to qualify the trust (or any portions thereof, and what, if any, elections regarding the trust are necessary. Explain in detail.
To preserve Watch This, Inc.'s (WTI) S election once the trust owns 10% of the WTI stock, Diana can establish the trust as a Qualified Subchapter S Trust (QSST).
A QSST is a specific type of trust that allows the income and tax benefits of an S corporation to flow through to the beneficiary. By qualifying the trust as a QSST, the S election can be maintained.
To qualify the trust as a QSST, Diana needs to ensure that certain requirements are met. First, the trust must be irrevocable and provide that all income must be distributed annually to the beneficiary. In this case, Diana's four children would be the beneficiaries of the trust. The trust agreement should clearly state that the income generated by the WTI stock must be distributed to the children on an annual basis.
Additionally, the trust must distribute the entire trust corpus to the beneficiary upon their reaching a specified age or a triggering event, such as the death of the current income beneficiary. Diana's specific instructions should outline the conditions under which the trust corpus will be distributed to her children, such as upon reaching a certain age or at her death.
It is important for Diana to work closely with her lawyers and tax advisors to ensure that the trust is structured correctly and that all necessary elections and documentation are completed to maintain the S election for WTI. They can guide her through the process, assist with drafting the trust agreement, and ensure that the trust meets the specific requirements for a QSST. This will help Diana achieve her goal of removing some of WTI's value from her estate while preserving the S election and its associated tax benefits.
Learn more about WTI stock here;
brainly.com/question/32595429
#SPJ11
"Discuss the rationale of integrating sustainability in business
and how to embed sustainability in corporations.
Integrating sustainability in business is crucial for long-term success and societal well-being. By considering environmental, social, and governance (ESG) factors, companies can mitigate risks,
Enhance reputation, and tap into new market opportunities. Embedding sustainability involves aligning strategies, policies, and practices with sustainable principles. This can be achieved through setting clear sustainability goals, implementing eco-friendly practices, promoting responsible supply chains, engaging stakeholders, and measuring and reporting progress. Sustainable business practices not only address environmental challenges but also improve financial performance and foster innovation, making it a win-win for both businesses and the planet.
Learn more about business here:
https://brainly.com/question/29896340
#SPJ11
City Street Fund has a portfolio of $415 million and liabilities of $15 million.
Required:
a. If there are 80 million shares outstanding, what is the net asset value?
b-1. If a large investor redeems 3 millon shares, what happens to the portfolio value? (Enter your answer in dollars not in milli
b-2. If a large investor redeems 3 mhilon shares, what happens to shares outstanding? (Enter your answer in dollars not in milions.)
b.3. If a targe inversor fedeems 3 milion shares, What is the net asset value?
City Street Fund has a portfolio of $415 million and liabilities of $15 million. The new net asset value after the redemption of 3 million shares is approximately $5.1948 per share.
a. Net Asset Value (NAV):
NAV = (Portfolio value - Liabilities) / Shares Outstanding
= ($415 million - $15 million) / 80 million
= $400 million / 80 million
= $5 per share
b-1. Effect on Portfolio Value:
If a large investor redeems 3 million shares, we need to determine the impact on the portfolio value. Each share represents a fraction of the portfolio value, so the redemption of shares decreases the total portfolio value.
Redemption value = Number of shares redeemed * Value per share
= 3 million * $5
= $15 million
b-2. Effect on Shares Outstanding: New shares outstanding = Initial shares outstanding - Redeemed shares
= 80 million - 3 million
= 77 million
b-3. New Net Asset Value: New NAV = (Portfolio value - Liabilities) / New shares outstanding= ($415 million - $15 million) / 77 million
= $400 million / 77 million
≈ $5.1948 per share
To learn about liabilities visit:
https://brainly.com/question/15006644
#SPJ4
The price of fresh fruit and vegetables is skyrocketing, and Australians are being warned increases are expected to continue.
The price of broccoli has surged to $7.50 a kilo, red capsicums are about $15 a kilo, and for the green variety shoppers can expect to pay $11,50 a kilo. Lettuces are now up around $5 each — unusually high for this time of year.
CEO of Ritchies IGA, Fred Harrison, says the recent floods are the main driver behind the high prices.
"Basically there’s a shortage, the floods have taken out plenty of the crops," he told Ross and Russel.
Australians can still nab a bargain on frozen fruit and vegetables — but not for long.
Mr Harrison says frozen food producers "will need to go to Coles, woolies and apply for price increases, that will take probably a three-month process".
"Right here, right now, if you can buy frozen it is going to be better value than fresh, but it is going to go up in the next three months," he said.
question:
Based on the concept of price elasticity of demand, explain how an increase in price will
affect the revenue of vegetable farmers.
Based on concept of price-elasticity of demand, an increase in price is likely to have negative impact on revenue of vegetable farmers. Price elasticity of demand measures responsiveness of "quantity-demanded" to a change in price.
If price of vegetables, such as broccoli, red capsicums, and lettuce, increases significantly, it is expected that demand for these products will decrease. Consumers may opt for alternatives or reduce their overall consumption due to higher prices.
This indicates that demand for these vegetables is relatively elastic, meaning that a change in price has a significant impact on the quantity demanded.
As a result, the decrease in quantity demanded due to price increase may outweigh gains from higher price, leading to decline in revenue for vegetable farmers.
The decrease in revenue can be attributed to the negative price elasticity of demand, where the percentage decrease in quantity demanded exceeds the percentage increase in price, resulting in a net loss for farmers.
Learn more about Price Elasticity here
https://brainly.com/question/29430856
#SPJ4
A change request has been issued by the customer and it adds 3 weeks to the project critical path. Which of the following is the best thing to do next?
a. Discuss with the sponsor the possible options
b. Compress the schedule to recover the 3 weeks extra time
c. Inform the customer about the impact of the requested change
d. Reduce the scope to recover the 3 weeks extra time
The best course of action to take next is to discuss with the sponsor the possible options. Therefore the correct option is a. Discuss with the sponsor the possible options.
When a change request is issued by the customer that adds three weeks to the project's critical path, it is important for the project manager to communicate and discuss the situation with the sponsor. The sponsor is a key stakeholder who provides guidance, support, and decision-making authority for the project. By engaging in a discussion with the sponsor, the project manager can explore possible options and determine the most appropriate course of action.
Option b, compressing the schedule to recover the three weeks, may not be feasible or practical depending on the specific circumstances of the project. Compressing the schedule often requires additional resources, increased costs, and potential risks to quality or project outcomes. Before making any decisions, it is essential to involve the sponsor in the discussion to evaluate the feasibility and implications of schedule compression.
Option c, informing the customer about the impact of the requested change, is important but should be done in conjunction with discussing possible options with the sponsor. By involving the sponsor in the discussion, the project manager can gain insights, guidance, and support to effectively communicate the impact of the change to the customer. The sponsor can provide valuable input on how to handle the situation and collaborate with the customer to find a suitable resolution.
Option d, reducing the scope to recover the three weeks, may be a viable option in certain scenarios. However, it should be considered as part of the discussion with the sponsor. The project manager needs to evaluate the impact of reducing the scope on project objectives, deliverables, and customer satisfaction. The sponsor's involvement is crucial in assessing the trade-offs and making informed decisions regarding scope changes.
In summary, when faced with a change request that adds three weeks to the project's critical path, it is best for the project manager to engage in a discussion with the sponsor. This collaborative approach ensures that all stakeholders are involved in exploring possible options and making informed decisions to address the impact of the change effectively.
To know more about sponsor click here:
https://brainly.com/question/32596053
#SPJ11
What are the differences in generic men and women leadership styles, how is it relevant to Canadian context, and how does it positively influence organizational behaviour? Please include all in citations and references.
Gender-diverse leadership styles in Canada, with women emphasizing collaboration and men prioritizing assertiveness, influence organizational behavior by fostering creativity, and enhanced team performance, aligning with Canada's commitment to diversity and inclusivity.
Research suggests that men and women exhibit some differences in leadership styles. Women tend to emphasize collaboration, relationship-building, and participatory decision-making, while men often prioritize assertiveness, competitiveness, and individual autonomy (Eagly & Johnson, 1990; Eagly & Karau, 2002).
In the Canadian context, these differences are relevant due to Canada's commitment to diversity and inclusivity. Promoting gender diversity in leadership positions can enhance organizational performance, innovation, and problem-solving capabilities (Catalyst, 2018).
Studies indicate that inclusive leadership styles, which integrate both masculine and feminine traits, lead to increased job satisfaction, organizational commitment, and improved team performance (Eagly & Carli, 2003; Amanchukwu, Stanley, & Ololube, 2015). Consequently, gender-diverse leadership positively influences organizational behavior by fostering a climate of inclusivity, creativity, and improved decision-making processes.
References:
Amanchukwu, R. N., Stanley, G. J., & Ololube, N. P. (2015). A review of leadership styles and theories. Advances in Management, 8(4), 57-62.Catalyst. (2018). Catalyst pyramid: Women in S&P/TSX composite index. Retrieved from https://www.catalyst.org/research/women-in-sp-tsx-composite-index/Eagly, A. H., & Carli, L. L. (2003). The female leadership advantage: An evaluation of the evidence. The Leadership Quarterly, 14(6), 807-834.Eagly, A. H., & Johnson, B. T. (1990). Gender and leadership style: A meta-analysis. Psychological Bulletin, 108(2), 233-256.Eagly, A. H., & Karau, S. J. (2002). Role congruity theory of prejudice toward female leaders. Psychological Review, 109(3), 573-598.To learn more about leadership visit: https://brainly.com/question/1232764
#SPJ11
Paying interest to lenders is classified as an operating activity on the statement of cash flows. True or False
The given statement "paying interest to lenders is classified as an operating activity on the statement of cash flows" is false.
The paying interest to lenders is not classified as an operating activity on the statement of cash flows. It is categorized as a financing activity. The statement of cash flows classifies cash flows into three main categories operating activities, investing activities and financing activities.
The operating activities involve cash flows directly related to the core operations of the business, such as revenue from sales, payments to suppliers and salaries paid to employees. These activities are essential for generating revenue and profits.
To know more about cash flows here,
https://brainly.com/question/27994727
#SPJ4
Name three considerations an organization should make when deciding to incorporate 'big data' analytics into their strategic HR function.
Fully describe any legal concerns (including naming relevant laws and such) and how you might recommend mitigating such concerns for each consideration.
Three considerations for organizations incorporating 'big data' analytics into their strategic HR function are data privacy and security, legal compliance, and ethical use of data.
Data privacy and security are critical when utilizing 'big data' analytics in HR. Organizations must implement measures to safeguard employee data and comply with relevant laws and regulations such as GDPR or CCPA. This involves securing data through encryption, access controls, and proper storage practices. To address legal concerns, organizations should obtain informed consent from employees regarding data collection and usage, and anonymize data where necessary to protect sensitive information.
Legal compliance is another important consideration. Organizations need to ensure that their data analytics practices adhere to employment laws, anti-discrimination laws, and data protection regulations. Regular audits, staff training, and clear policies and procedures can help maintain compliance. Seeking legal advice from experts in employment and data protection laws can provide further guidance.
Lastly, ethical use of data should be prioritized. Organizations should promote transparency, fairness, and non-discriminatory practices in their data collection, analysis, and decision-making processes. Clear guidelines for data usage, transparent communication of analytics purposes and outcomes, and opportunities for employee feedback can foster ethical data practices. Implementing ethical frameworks and obtaining ethical review for specific analytics projects can further ensure ethical considerations are met.
By addressing data privacy and security, legal compliance, and ethical use of data, organizations can incorporate 'big data' analytics into their strategic HR function while mitigating potential legal concerns and upholding ethical standards.
To learn more about 'big data' analytics , Click here: brainly.com/question/3009226
#SPJ11
Clouds Ltd. produces umbrellas. Clouds Ltd. expects to produce 400 umbrellas with fixed production overheads of £220,000. The actual production level equals 20 umbrellas more than expected with fixed production overheads of £140,000. Selling, general and administrative expenses equal £4,200. Clouds Ltd. sells 320 umbrellas for £25 per unit. The variable production cost per umbrella equals £12.
Required:
a) Generate the profit statement using the absorption costing technique. (6 marks)
b) Generate the profit statement using the marginal costing technique. (6 marks)
c) Considering your answers in a) and b):
- Which is your advice for Clouds Ltd.? Explain your answer in detail.
- How is it possible to reconcile the profit results under the two costing methods?
This causes a discrepancy in profit figures. Reconciliation is achieved by adjusting the treatment of fixed overheads, either by absorbing them into unit costs or treating them as period expenses.
a) Absorption costing profit statement:
Sales revenue: 320 umbrellas × £25 = £8,000
b) Marginal costing profit statement:
Sales revenue: 320 umbrellas × £25 = £8,000
c) Advice for Clouds Ltd.:
Based on the profit results, Clouds Ltd. is incurring losses in both absorption costing and marginal costing.
Reconciliation of profit results:
The difference in profit results under absorption costing and marginal costing arises from how fixed production overheads are treated. Absorption costing allocates fixed overheads to units produced, while marginal costing considers them as period expenses. This causes a discrepancy in profit figures. Reconciliation is achieved by adjusting the treatment of fixed overheads, either by absorbing them into unit costs or treating them as period expenses.
Learn more about fixed overheads here:
https://brainly.com/question/32224458
#SPJ11
MSN Bank expects that the New Zealand dollar (NZD) will appreciate against the U.S. dollar (USD) from its spot rate of $.4565 to $.4785 in 90 days, but they do not want to bear exchange rate risk. The following interbank lending and borrowing rates exist: Annual borrowing rate Annual lending rate USD: 6.80% 6.50% NZD: 8.30% 8.20% MSN Bank considers borrowing 5 million (i.e., $5,000,000) U.S. dollars in the interbank market and investing the funds in NZD for 90 days. The 90-day forward rate is $.4500/NZ$. Estimate the profits (or losses) that could be earned if MSN implements Covered Interest Arbitrage. Should MSN Bank pursue this strategy? Show necessary calculations and discuss (50 words excluding calculations). Also, Calculate the no-arbitrage 90-day forward rate.
The Covered Interest Arbitrage would result in a loss of $75,892.76, therefore it would be in MSN Bank best interest not to pursue this strategy.
To calculate the potential profits or losses from Covered Interest Arbitrage, we need to compare the returns from borrowing in USD and investing in NZD, considering the forward rate and interest rates.
MSN Bank borrows $5,000,000 at the annual borrowing rate of 6.80%. For 90 days, the effective borrowing rate is calculated as follows:
Effective Borrowing Rate = (1 + Annual Borrowing Rate)[tex]^{(90/365)}[/tex] - 1
Effective Borrowing Rate = (1 + 6.80%)[tex]^{(90/365)}[/tex] - 1
Effective Borrowing Rate = 1.6861%
MSN Bank converts the borrowed USD to NZD at the spot rate of $0.4565/NZD and then invests it for 90 days at the annual lending rate of 8.20%. The effective lending rate is calculated similarly:
Effective Lending Rate = (1 + Annual Lending Rate)[tex]^{(90/365)}[/tex] - 1
Effective Lending Rate = (1 + 8.20%)[tex]^{(90/365)}[/tex] - 1
Effective Lending Rate = 2.0859%
The no-arbitrage condition assumes that the forward rate should equalize the interest rate differentials between the two currencies.
Forward Rate = Spot Rate × (1 + (Foreign Interest Rate / Domestic Interest Rate))[tex]^{(90/365)}[/tex]
Forward Rate = $0.4565 × (1 + (8.20% / 6.80%))[tex]^{(90/365)}[/tex]
Forward Rate = $0.4509/NZD
MSN Bank converts the NZD back to USD at the forward rate after 90 days:
Amount in NZD = $5,000,000 / $0.4565/NZD = 10,943,571.63 NZD
Amount in USD (at the forward rate) = 10,943,571.63 NZD × $0.4500/NZD
Amount in USD (at the forward rate) = $4,924,107.24
Profit/Loss = Amount in USD (at the forward rate) - Amount borrowed in USD
Profit/Loss = $4,924,107.24 - $5,000,000
Profit/Loss = -$75,892.76
The potential profit from Covered Interest Arbitrage in this case would be a loss of $75,892.76. Therefore, pursuing this strategy would result in a loss for MSN Bank.
To learn more about arbitrage visit: https://brainly.com/question/29651771
#SPJ11
as a health care manager how do your operations
decisions and legal and regulatory requirements impact each other.
provide examples
In any situation involving participants, there are several elements at play, including power dynamics, interests, and requirements.
1. Participants in the Situation:
In any situation involving participants, there are typically multiple parties with varying degrees of power, interests, and requirements. Power can manifest in different forms, such as formal authority, expertise, resources, or personal charisma.
The participants with greater power often have more influence over decision-making processes and outcomes. Interests refer to the individual goals, desires, or needs that each participant seeks to fulfill.
These interests can range from financial gain to personal satisfaction or the achievement of specific objectives. Requirements are the essential conditions or outcomes that participants consider necessary for the situation's success or their own satisfaction.
These requirements may include financial constraints, legal obligations, time constraints, or specific performance criteria.
2. Difference between Influence and Negotiation:
Influence and negotiation are two distinct concepts that play a significant role in participant interactions. Influence involves the ability to affect the thoughts, actions, or decisions of others.
It is often based on power dynamics and the persuasive skills of an individual. Influential participants can shape the opinions, attitudes, or behaviors of others by leveraging their power, expertise, or communication skills.
They may use various tactics, such as providing information, appealing to emotions, or employing logical reasoning, to sway others towards a desired outcome.
On the other hand, negotiation is a process of reaching a mutually acceptable agreement or resolution through discussion and compromise.
It involves parties with different interests and perspectives coming together to find common ground and achieve a mutually beneficial outcome.
Negotiation requires effective communication, active listening, and the willingness to explore options and make concessions. It is a give-and-take process where participants engage in dialogue, exchange proposals, and seek solutions that address their respective interests.
Negotiation allows for the exploration of alternatives, the identification of shared goals, and the establishment of agreements that satisfy the needs of all parties involved.
In summary, participants in any situation bring varying degrees of power, interests, and requirements. Power dynamics influence decision-making processes, interests reflect individual goals and desires, and requirements are the necessary conditions for success.
Influence is the ability to shape the thoughts and actions of others, while negotiation is a process of reaching a mutually acceptable agreement through discussion and compromise.
Both influence and negotiation play important roles in participant interactions, contributing to effective decision-making, collaboration, and the achievement of desired outcomes.
learn more about authority here:
https://brainly.in/question/44507762
#SPJ11