Building-In Flexibility Is a Very Important and Valuable Element in the Corporate

question 61

True/False

Building-in flexibility is a very important and valuable element in the corporate arena because investments can be halted but rarely reversed and strategic behaviors are very hard to alter.

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Definitions:

Autonomy

The freedom to schedule one’s own work activities and decide work procedures.

Web-Enabled Input

The process of using internet technology to input data into systems, applications, or databases.

Open Innovation

An approach that advocates for firms to use external ideas and collaborations in addition to internal efforts to advance their technology or products.

Creative Deviance

The act of breaking rules or norms in order to pursue novel ideas or solutions.