The effect of inflation can result in inefficient operation decisions by management.

Name: The effect of inflation can result in inefficient operation decisions by management.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inflation can result in a decrease in the purchasing power of money, causing management to make inefficient decisions such as reducing investment in productive assets, cutting jobs or reducing wages, which can have negative long-term impacts on the performance of the organization.

The Effect of Inflation Can Result in Inefficient Operation Decisions