Question: Flexibility. (35 points) please find three different business models or processes where profits are different among products, and answer the following questions. You are encouraged

  1. Flexibility. (35 points) please find three different business models or processes where profits are different among products, and answer the following questions. You are encouraged to come up with innovative applications in new industries. (15 points)
  1. In the three business models you mentioned, what kind of flexibility structures and strategies do you suggest the company adopt in each business setting? You just need to qualitatively explain your intuition and strategy and do not need to accurately design the best structure. (10 points)

  1. Suppose the companies ignore the profit difference during the flexibility design process in the three examples? Will the performance be significantly different compared with the design based on your intuition in part (a)? Explain why. (10 points)

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