The Behavior of Organizations in the Context of Inflation
Author(s):
Vaishali Gorakshnath Kadam
Keywords:
behavior, decision-making, Inflation, organizations, performance, strategies.
Abstract
Inflation is a significant economic phenomenon that affects organizations and their behavior. Organizations, whether small businesses, multinational corporations, or non-profit entities, are impacted by inflation in various ways, ranging from changes in consumer behavior, production costs, pricing strategies, financial management, and overall decision-making processes. This research paper aims to explore the behavior of organizations in the context of inflation, by examining the challenges and opportunities organizations face in an inflationary environment, the strategies they employ to mitigate the effects of inflation, and the implications for organizational performance and sustainability. The paper synthesizes existing literature on inflation and organizational behavior, and provides insights for practitioners, policymakers, and scholars to better understand the dynamics of organizations in the face of inflation. Inflation is a phenomenon that affects economies worldwide. Organizations, both private and public, are not immune to its effects. The research explores how organizations respond to inflation by adjusting their strategies, policies, and operations to mitigate its impact. The study is based on a review of existing literature and analysis of data from internet, websites of organizations. The findings suggest that organizations respond to inflation by adopting a variety of measures, including price increases, cost-cutting measures, inventory management, and changing product or service offerings. These actions enable organizations to maintain profitability and continue to provide value to their stakeholders.
Article Details
Unique Paper ID: 159401

Publication Volume & Issue: Volume 9, Issue 11

Page(s): 1141 - 1144
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