____ options allow a firm to design into a project the capability of shifting the product mix of the project if demand or relative product prices dictate such a shift.
A) Input flexibility
B) Output flexibility
C) Expansion
D) Growth

Question

Quizplus · Accepted Answer

Output flexibility options allow firms to adjust their product mix to align with demand and changing product prices. Input flexibility options, on the other hand, refer to the ability to adjust the production process or raw materials used in a product. Expansion and growth options are not specifically related to product mix adjustments.

____ Options Allow a Firm to Design into a Project