The Business Acumen Implications to Business Leaders of Inflation

Economists, business leaders, individual contributors, and consumers are once again starting to worry about the potentially devastating impacts of inflation. As many businesses focus on building Business Acumen skills as a core competency to help them grow, Advantexe has developed this blog post for business professionals to understand the impending implications of inflation and some of the things they should be thinking and doing about it in this volatile business environment.

What is the root cause of inflation?

Unfortunately, there is no easy answer to that question as this, like many other economic factors, has become too politicized. The simplest answer that I can provide is that inflation results from an increase in production costs or an increase in demand for products and services. The situation we find ourselves in today is a result of both these things happening simultaneously. Throw in the threat of World War III and at the very least the economic uncertainties of the global economy, you have a recipe for potentially devastating inflation.

Read the full story by

Tags:

RELATED READS
Online Learning Solutions: Using motivation in your courses Fostering life long learners with Eva Keiffenheim
We are updating our Privacy Policy, so please make sure you take a minute to review it. As of May 25, 2018 your continued use of our services will be subject to this new Privacy Policy.
Review Privacy Policy OK