Identify a True Statement About Deindustrialization

question 17

Multiple Choice

Identify a true statement about deindustrialization.

• A) Deindustrialization involves the replacement of highly skilled workers.
• B) A major reason for deindustrialization is that employers easily replaced workers with the lowest skill levels with automation .
• C) A major reason for deindustrialization is globalization, which has led to the increase in the number of manufacturing jobs.
• D) Deindustrialization has been slowed down by globalization.
• E) Communists support deindustrialization.

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Definitions:

Procurement

The process of obtaining goods or services, typically for business purposes.

Materials Management

The branch of logistics that focuses on physically sourcing, moving, and storing materials, as well as coordinating these operations to ensure the right materials are available at the right time.

Logistics Function

The specific tasks and operations within logistics, focusing on the efficient and effective movement and storage of goods.

Time Utilities

The value added to products or services by making them available when they are needed or wanted by consumers.