Since Unions Represent Such a Small Fraction of the Labor

question 83

True/False

Since unions represent such a small fraction of the labor force,their influence on pay decisions is relatively minor.

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Definitions:

Mass Customisation

A manufacturing and marketing strategy that combines mass production efficiency with personalized customization to meet individual customer preferences.

Continuous-Process Production

Raw materials are continuously transformed by an automated system.

Lean Production

A manufacturing philosophy that emphasizes the minimization of waste and maximization of efficiency within the production process.

Competitive Advantage

Allows an organisation to deal with market and environmental forces better than its competitors.