Economic Issues and Their Impacts on the Management Decision
Inflation is considered as an economic concept in which there are fluctuations (increases) in the levels of prices of goods and services in the economy.
According to this concept, it can be implied that an increase in inflation would mean that some currencies can buy less of the commodities and services offered in any industry (Bierman and Seymour 190).
Discuss the economic issues and their impacts on the Management Decision
