Explain Citing Appropriate Examples Flexibility Saves Time Stimulates Response Q34198732

Explain, citing appropriate examples, how flexibility saves timeand stimulates response.

Expert Answer

Flexibility can be defined as the ability of any organization orindividual to modify according to the situation or changingenvironmental factors. Having flexibility in the current businessenvironment is of utmost significance for the organization and alsofor the individuals.

By having greater flexibility, the organization can not onlyprevent a lot of losses but these organization can also result ingreater customer satisfaction. Flexibility is more vital for thoseorganization whose products and services are subjected to fashionand fads and changing environmental forces. By having the improvedflexibility, the company can save a lot of time.