Flexibility should be valued by taking into account uncertainty in demand and economic factors. In general, flexibility will tend to
A) decrease in value with a decrease in certainty.
B) increase in value with an increase in uncertainty.
C) decrease in value with an increase in uncertainty.
D) increase in value with an increase in certainty.
Answer: B
You might also like to view...
Regarding the selection of good advertising media, which of the following is the best advice?
A. "Avoid the local media." B. "Make sure your first media choice reaches the whole target market." C. "Set very general promotion objectives to stay flexible." D. "There is no such thing as a must buy." E. "Be sure the media match your target market."
The Fed undertakes dynamic open-market operations
A. when it wants to change monetary policy. B. because of seasonal effects. C. when it wants to change fiscal policy. D. to offset a temporary change in money demand.
According to Warren Bennis, a distinction between leaders and managers is that the manager maintains, but the leader _______.
Fill in the blank(s) with the appropriate word(s).
An example of black box design would be a producer of automotive brakes working at the design table with an automobile manufacturer through all phases of product development
Indicate whether the statement is true or false.