Discuss how a manager might use these statistical values to prepare for the potential effects of inflation.

Answer all questions using a “synthesis- style” approach. A synthesis involves blending summary statements (paraphrased from the article) with reflective insights gleaned from studying the article in conjunction with material from the relevant course module. Each article synthesis should be written at a managerial level. Professionalism is to be maintained throughout each article synthesis submission.

3 Strategic Options to Deal with Inflation

What are the traditional approaches that managers use to combat inflation?

In your own words, discuss the disadvantages of each.
State and summarize the three strategic options for combatting inflation described in this article. Which strategic option do you view as best? Discuss your reasoning.

Discuss the current inflation level prevailing in the U.S. and how managers might use the information from this article to increase firm value.

Data analysis and inflation: Perform a descriptive statistics analysis of the annual inflation rate reported in the U.S. Report and interpret the following values: mean, median, and standard deviation of the inflation rate.

Discuss how a manager might use these statistical values to prepare for the potential effects of inflation.

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