Asked by Hibatallah Ashraf on May 26, 2024
Verified
Evaluate the following statement: Due to changes in the environment of business and labor relations since the early 1970s, U.S. business can no longer afford to rely on traditional mass manufacturing methods of management. How has the environment changed and what challenges do these changes pose for the future?
Mass Manufacturing
The production of large quantities of standardized products, often using assembly lines or automated technology, to achieve economies of scale.
Labor Relations
The interaction between management and labor unions or workers, encompassing negotiation, compliance with labor laws, and workplace conflict.
Business Environment
The combination of external and internal factors that influence a company's operating situation, including economic, legal, technological, and social conditions.
- Understand the impact of environmental changes on traditional mass manufacturing methods and management since the early 1970s.
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Learning Objectives
- Understand the impact of environmental changes on traditional mass manufacturing methods and management since the early 1970s.
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