An Industry Uses Cheap Overseas Labour for Assembling Products

question 48

Multiple Choice

An industry uses cheap overseas labour for assembling products.This lowers the price for consumers and is an example of:

• A) licensing.
• B) joint venture.
• C) outsourcing.
• D) franchising.
• E) none of these.

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Definitions:

Motion Study

The science of reducing a task to its basic physical motions.

Performance Incentive

A reward system designed to motivate employees to achieve higher levels of performance.

Scientific Management

A theory developed by Frederick W. Taylor, focusing on improving economic efficiency and labor productivity through systematic procedures and empirical studies.

Work Methods

Work methods are the techniques, strategies, and processes employed to carry out tasks or activities efficiently and effectively.