Final answer:
The ease with which a company can alter its activities in response to competitors is known as agility. Companies require flexible and responsive employees to maintain agility.
Step-by-step explanation:
The term that refers to the ease with which a company changes or alters the way it performs its activities to respond to actions of its competitors is d) Agility. This aspect of a business determines how quickly and effectively it can react to new challenges, market shifts, and changes in competitors’ strategies. Employees with flexible attitudes are vital for a company’s agility, as they are often able to take on new challenges at short notice and adapt to new workplace cultures. Furthermore, the concept of responsiveness, which involves adjusting to both internal and external changes, closely relates to a company's ability to maintain agility.