Examlex
The Custom Foot is a shoe store chain that manufactures shoes and allows customers to design a unique product by selecting from the type of leather, color, design, and size. This is an example of _____.
Functional Flexibility
The ability of an organization to adapt and respond to changes by reallocating and utilizing its resources or workforce in different roles or functions.
Pay Flexibility
Policies that allow variation in employees' pay, which may depend on factors like market conditions, individual performance, or company performance.
Procedural Flexibility
The ability to adapt the processes and rules of an organization or system to accommodate different situations or requirements.
Continuous Process Improvement
An ongoing effort to enhance products, services, or processes by making incremental improvements over time.
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