The value of flexibility increases with an increase in uncertainty.

Name: The value of flexibility increases with an increase in uncertainty.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When there is more uncertainty, there are more possibilities for different outcomes. Having flexibility allows for adapting to these different outcomes and minimizing potential negative consequences. Therefore, the value of flexibility increases as uncertainty increases.

The Value of Flexibility Increases with an Increase in Uncertainty