What Is Strategic Flexibility,and How Do Firms Utilize It

question 14

Essay

What is strategic flexibility,and how do firms utilize it?

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Definitions:

Automatic Updates

Software functionality that automatically downloads and applies updates to the software to ensure it stays current and secure.

Menu-driven Interface

A user interface in which the user chooses a command from menus displayed on the screen.

RAM

Random Access Memory, a type of computer memory that can be accessed randomly and is used for storing running programs and temporary data.

CPU

The Central Processing Unit, the primary component of a computer that performs most of the processing inside a computer.