Economic Issues and Their Impacts on the Management Decision
“The management processes include planning, coordination, organizing, and controlling all the organizational functions that influence the running of any business. Inflation has had several impacts on the management decision making. ”
“The inflation factors influence the capital budgeting decision of the management. According to this factor, it is implied that the management makes a decision concerning the capital acquisition in a way that would enhance their profitability.”
Discuss the Economic Issues and Their Impacts on the Management Decision