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Which Term Is Used to Describe What a Company Is

question 20

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Which term is used to describe what a company is doing when it moves its production to another country, producing the same products in the same way but with cheaper labor, lower taxes, and lower benefits to workers?


Definitions:

Naturalistic Research

A methodological approach to study that involves observing subjects in their natural environments without intervening or altering the conditions.

Fordist Workplace

Pertains to a form of industrial production characterized by large-scale manufacturing, standardized products, and assembly line processes, derived from Henry Ford's practices.

Moving Assembly Lines

A manufacturing process that efficiently produces a large volume of standardized products by having the product move from worker to worker, each adding a specific component.

Gilded Age

refers to a period in late 19th century America characterized by rapid industrialization, economic growth, and ostentatious displays of wealth, alongside stark social inequalities.

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