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:

Free Association

A psychoanalytic therapy technique where patients express their thoughts freely, revealing unconscious thoughts and feelings.

Transference

A psychological phenomenon in which a patient unconsciously redirects feelings and attitudes from a past relationship onto a therapist or healthcare provider.

Toilet Training

The process of teaching a young child to use the toilet for urination and defecation.