asked 63.4k views
2 votes
After solidifying an overseas deal with a large bottling company, the executive informs you that in order to expedite the signing of the materials, he will need an extra $10,000.

How should you react to his request?

asked
User Lyes
by
8.3k points

1 Answer

1 vote

Final answer:

The request for an additional $10,000 after closing an overseas deal is concerning and should be analyzed for legality and ethics. When dealing with bond pricing after interest rate changes, bonds may be priced above or below par depending on the new rates. Effective communication, salary and benefits negotiation, and prompt action upon discovering errors like Noel's are important in business conduct.

Step-by-step explanation:

If an executive requests an extra $10,000 to expedite the signing of materials after solidifying an overseas deal, this could potentially be a sign of unethical business practices, such as a bribe. It is important to carefully evaluate the request. If the payment is not a standard or legal part of the contract, or if it seems to serve as an unofficial incentive for the counterpart, you should not proceed with the payment. Transparency, legal compliance, and ethical conduct must guide business transactions.

This situation does not have a clear connection to changes in interest rates or the pricing of bonds. If this scenario is actually about the fair pricing of a bond investment after an interest rate change, the price you would be willing to pay would depend on whether the bond is trading at a premium or discount in relation to its face value and the new market interest rates. Generally, if interest rates increase, existing bonds with lower rates become less attractive, hence their market price may drop below the face value (par).

In terms of salary negotiations, conduct thorough research on the expected salary range and be prepared to negotiate salary and benefits effectively. Clearly communicate and confirm details before any deadlines to ensure mutual understanding and a professional approach. If you encounter a serious error, like Noel did with an equipment bill, immediate action to correct the mistake is critical and should involve notifying the accounting department and relevant parties quickly and clearly.

Considering lobbying efforts, like those of factory owners facing a tax increase that could cost them substantially, it's important to consider the potential for success relative to the investment made, as there are no guarantees in political lobbying outcomes.

answered
User Jose Armesto
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.