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WB vocab chp 11

QuestionAnswer
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 weighs more than the inputs
Bulk-reducing industry An industry in whoch the final product weighs less than the inputs
Cottage industry Manufacturing based in homes rather than in facyorys found in Industrial Revoulution
Fordist Production Form of mass production in which each worker is assigned one specific task to perfom repeatedly
Industrial Revolution A series of improvments in industrial technology that transformed the process of manufacturing goods
Labor-Intensive industry An industry where labor cost comprise a high percentage of total expenses
Maquiladora U.S factories built or near the mexican or us border to take advantage of low labor cost
New International Divison of labor transfer spme types of jobs espically those requiring low paid, less skilled workers from MDCS to LDCS
Outsourincg A decision by a corporation to turn over much of the responsiblity for production on independent suppliers
Post-Fordist Movement Adoption by companies of flexible work rules such as the allocation of workers to teams that perform various tasks
Right-to-work state A US satate that has passed a law preventing a union or company from neogationg a contract that requires workers to join a union as a conditon employment
Site-factors location factors cost of factors of production inside the plant
Situation factors Location factors related to the tranportation of materials into and from a factory
Textile a fabric made by weaving used to make clothes
Created by: BB2424