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Definition

Flexibility

Flexibility is defined as “a firm’s abilities to respond to various demands from a dynamic competitive environment. In an international context, the changes are dramatic and fast paced, though they are different from country to country. In such a dynamic global competitive environment, IHRM systems need to be flexible to quickly adjust their policies and practices to respond to the changes.

Webster Dictionary Meaning

1. Flexibility
- The state or quality of being flexible; flexibleness; pliancy; pliability; as, the flexibility of strips of hemlock, hickory, whalebone or metal, or of rays of light.
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