Chapter 11 terms Flashcards
Break-of-bulk point
a location where transfer is possible from one mode of transportation to another.
Bulk-gaining industry
an industry in which the final product weight more or compromises a greater volume than the inputs.
Bulk-reducing industry
an industry in which the final product weighs less or compromises a lower volume than the inputs.
Cottage industry
manufacturing based in homes rather than in a factory, commonly found before the industrial revolution.
Fordist
form of mass production in which each worker is assigned one specific task to perform repeatedly.
Industrial Revolution
a series of improvements in industrial technology that transformed the process of manufacturing goods.
Labor-intensive industry
an industry for which labor costs compromise a high percentage of total expenses.
Maquiladora
factories built by U.S. companies in Mexico near the U.S. border, to take advantage of much lower labor laws.
New International Division of Labor
transfer of some types of jobs, especially those requiring low-paid less skilled workers, from more developed to less developed countries.
Outsourcing
obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
Post-Fordist
adoption by companies of flexible work rules, such as the allocation of workers to team that perform a variety of tasks.
Right-to-work state
a U.S. state that has passed a law preventing a union and company from negotiating a contract that requires workers to join a union as a condition of employment.
Site factors
location factors related to the costs of factors of production inside the plant, such as land, labor, and capital.
Situation factors
location factors related to the transportation of materials into and from a factory.
Textile
a fabric made by weaving, used in clothing making.