Examlex
The probability of an event is
Responsiveness
The ability of a system, organization, or individual to quickly react to changes, demands, or opportunities with effective actions.
Fixed Costs
A type of business expense that remains constant regardless of changes in production volume or sales, such as lease payments and utility bills.
Transportation Costs
Expenses associated with the movement of goods or materials from one location to another, including fuel, labor, and vehicle maintenance costs.
Flexibility
Flexibility in a business context refers to the ability to adapt quickly to changes in the market or operational conditions, maintaining efficiency and meeting customer demands.
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