Flexibility Options Let Companies Respond More Easily to Changes in Business

question 43

True/False

Flexibility options let companies respond more easily to changes in business conditions.

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Definitions:

Administrators

Managers who work in public or not‐for‐profit organisations.

Emerging Technologies

New and innovative technologies that have the potential to significantly impact existing markets and societal norms.

Globalisation

The method through which companies or various organizations gain international influence or begin functioning globally.

Resource Utilisation

The effective and efficient use of resources, such as time, money, and materials, to achieve defined objectives.