Chapter 11 Flashcards
Chapter 11 Vocab
Break-of-bulk point
a location where large shipments of goods are transferred from one mode of transportation to another
Bulk-gaining Industry
final product weighs more or has a greater volume than the raw materials used to produce it,
Bulk-reducing
The Final product weights significantly less than the raw materials made to manufacture it
Deindustrialization
Social or Economic change due to reduction/removal of industrial activity/capacity
Fordist Production
Mass production where each worker is assigned a task to do repeatedly.
Post-Fordist Production
A flexible manufacturing system, with smaller production runs, adjusting to customer demans, and customization.
Industrial Revolution
Transformed econimiens based on agricultural and handicrafts into large scale production
Maquiladora
Manufacturing plants in mexico near the US border
Outsourcing
Getting people outside countries to work for tiher company to reduce costs (for company) and take advantage of lower wages.
Offshoring
Relocating a company to another area to take advantage of low labor cost.
Right-to-work Law
prohibits employers from requiring employees to join a labor union as a condition of employment
Site Factors
Situation Factors