Final answer:
Flexible resources are characterized by being supplied as needed, acquired without long-term commitments, and having no unused capacity. This flexibility helps businesses adapt to market demands efficiently.
Step-by-step explanation:
Flexible resources are supplied as needed, are acquired from outside sources, not requiring a long-term commitment, and have no unused capacity. The answer to the question is (d) all of the above. Flexible resources in a business context means that they can be ramped up or down according to demand, and they do not tie the company down to long-term commitments. This can often lead to more efficient operations and can help a company to be more responsive to changes in the market.
For instance, a company might use cloud computing services as a flexible resource because they can increase or decrease their server usage based on their immediate needs, as opposed to maintaining their own servers. This allows businesses to avoid paying for unused capacity. Importantly, flexible resources can also refer to labor; companies may hire contract or temporary workers during peak periods rather than committing to long-term employment contracts.