This item has original tags and shows no visible signs of wear.
VINCE Women's 'Bowen' Charcoal Suede Slip-on Sneakers
1.25" (30mm) midsole, approximately
Round toe, concealed elasticized gore, padded collar, stamped logo at midsole
Goring at inset
Smooth leather lining
New without box, store display item. Clean and commendable!
Regular (M, B)
Tue 9/4/18 - Fri 9/7/18 (4-7 days)
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Business accounting and planning should take into consideration the effect of inflation on costs. Inflation is an essential consideration when a company manages multiple contracts that specify costs and revenues based on a level of inflation determined at the time of the contract signing. Escalation comes into play when the actual rate of inflation differs from the rate specified in the contract.
Contracts, especially for the supply of materials and for employment, frequently include an escalation clause. For example, an escalation clause could state that an employee’s salary will adjust based on periodic increases in inflation. The clause may require a company to give the employee an annual salary increase based on the actual inflation rate experienced in the economy. In the case of contracts relating to the supply of materials or other production factors, the escalation clause allows for price increases based on rising inflation.
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The other common use of escalation in business relates to the broader definition of escalation. This term can also refer to raising the importance of some business-related activity or moving a task up to a higher department within the organization. For example, if one department realizes that a problem has become much larger and more involved than previously anticipated, the manager involved may escalate the issue to a higher department or person within the organization.
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The Cost of Borrowing & Inflation
Pricing Strategies for Multi-Year Contracts