Examlex
What is the relationship between the following two compounds?
Flexibility
The ability of a system or organization to adapt to changes, variations, or unexpected circumstances without significant loss of functionality or efficiency.
Uncertainty
The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.
Economic Factors
Variables and conditions affecting an economy’s performance, such as inflation rates, interest rates, employment levels, and gross domestic product (GDP).
Demand Uncertainty
The unpredictability of customer demand, making it difficult for businesses to accurately forecast sales.
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