Under Which One of the Following Environments Would You Opt

question 6

Multiple Choice

Under which one of the following environments would you opt for a higher degree of resource flexibility?

• A)a firm using a flexible flow strategy
• B)a firm facing a stable demand
• C)a firm using a line flow strategy
• D)a firm producing only one product

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Definitions:

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Similar Productivity Characteristics

Attributes that enable different firms or workers to produce outputs at comparable rates, efficiency levels, or with similar resource requirements.

Employment Discrimination

Unfair treatment of employees or job applicants based on personal attributes such as race, gender, age, or sexual orientation, rather than their qualifications or performance.

Nonmonetary Attractiveness

The appeal of something based on non-financial factors, such as location, reputation, or quality of life.