Discuss the responses that your company or any other company that you are aware of has had to this problem.

The Pandemic created disruption in the world economies, causing shortages of labor, raw materials, components, etc. When businesses shut down, the government provided financial assistance to millions of people. Later, beginning over a year ago, inflation began creeping up and there are many complex reasons for it. But basically inflation occurs when demand rises faster than economic systems are able to provide supplies to satisfy that demand. This has occurred across industries and is currently a world-wide phenomenon. Discuss the responses that your company or any other company that you are aware of has had to this problem. What have you seen, in terms of product availability, price increases, where products are distributed, or how they are promoted. How has inflation affected that business? Has their response been adequate in your opinion?

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