Time Value of Money
Why is it important to understand the concepts of inflation, present value, and future value as Saudi Arabia moves toward Saudi Vision 2030? What are some of the important terms and concepts that managers must understand in making decisions in today’s global economic environment? How will these factors affect Saudi Vision 2030, if at all?
Select an article that relates to any of these concepts (inflation, present value, or future value) and doing business in Saudi Arabia.
Direction:
* Summarize the article in two paragraphs describing what you think are the most important points made by the authors (remember to cite the information, as appropriate).
*include the reference listing with a hyperlink to the article.
* Please note, do not copy the article into your post and limit your summary to two paragraphs.
* Be sure to support your statements with logic and argument
* citing all sources referenced and citing inside the text
* APA style
* 4-6 paragraphs including ( Introduction – Body – Conclusion )
Solution Preview
Introduction
Inflation is defined as the long term increase in the prices of goods as well as services. Inflation comes in because of the devaluation of currency and has various negative aspects. In 2018, Saudi Arabia experienced high rates of unemployment, high debts and inflation. Today, these three challenges pose an excellent challenge for Saudi’s vision 20130 plans.
(394 words)