Which One of the Following Is an Example of a "Flexibility

question 11

Multiple Choice

Which one of the following is an example of a "flexibility" option?

• A) A company has an option to close down an operation if it turns out to be unprofitable.
• B) A company agrees to pay more to build a plant in order to be able to change the plant's inputs and/or outputs at a later date if conditions change.
• C) A company invests in a project today to gain knowledge that may enable it to expand into different markets at a later date.
• D) A company invests in a jet aircraft so that its CEO, who must travel frequently, can arrive for distant meetings feeling less tired than if he had to fly commercial.
• E) A company has an option to invest in a project today or to wait a year.

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Definitions:

Mental Expectations

The beliefs or forecasts an individual holds about future outcomes or behaviors.

Taste

A sense that detects the flavor of substances, including sweetness, sourness, bitterness, saltiness, and umami, through taste buds on the tongue.

Psychokinesis

The claimed paranormal ability to move or manipulate objects with the mind without physical interaction.

Frontal Lobe

A region of the brain located at the front part of the cerebral cortex, responsible for voluntary movement, expressive language, and managing executive functions.