Which One of the Following Is an Example of a Flexibility

Multiple Choice

Which one of the following is an example of a flexibility option?

A) A company has an option to invest in a project today or to wait a year.
B) A company has an option to close down an operation if it turns out to be unprofitable.
C) A company agrees to pay more to build a plant in order to be able to change the plant's inputs and/or outputs at a later date if conditions change.
D) A company invests in a project today to gain knowledge that may enable it to expand into different markets at a later date.