Effects of Inflation

December 15, 2017
Marketing Strategies
December 15, 2017

The General Manager (GM) of a car dealership is working on a three year business plan. The GM expects inflation to rise over the next three years.
? How will higher inflation affect the number of vehicles the dealership can sell?
? Based on the GM?s inflation expectation what type of loan should the dealership arrange with its bank in order finance its inventory of automobiles?