Which of the Following Is a Characteristic of a Fordist

question 29

Multiple Choice

Which of the following is a characteristic of a Fordist labour market?

• A) Wages set by collective bargaining
• B) Abandonment of full employment policies
• C) Flexible production
• D) Just-in-time manufacturing delivery methods
• E) Most workers employed in services

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Definitions:

Standard Deviations

Measures of dispersion that indicate how spread out the values in a data set are around the mean.

Normal Distribution

A symmetric bell-shaped distribution that is widely used in statistics to represent the real-valued random variables with unknown distributions.

Standardized Form

A form of representation that allows different data sets or equations to be compared or analyzed using a common standard.

Normal Distribution

A bell-shaped distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.