GEO 101 Lecture Notes - Lecture 5: Scientific Management, Free-Trade Zone
Document Summary
Conglomerate corporaions- corporaions that consist of several divisions like internaional trade but also producion, manufacturing, and/or sales operaions in several countries. The global assembly lines are constantly being reorganized as transnaional corporaions seek to take advantages of geographical diferences between places and regions as workers and consumers in speciic places and regions react to the consequences of globalizaion. Fordism- based on principles by henry ford involving mass producion, based on assembly line techniques and scieniic management, together with mass consumpion, based on higher wages and ad techniques. Neo fordism- the logic modiied by the addiion of more lexible producion, distribuion and markeing systems. Flexible producion systems-lexibility both within irms and between them. Within irms, new tech. now allows a lot of lexibility. Just in ime producion- employs verical disintegraion within a large, formerly funcionally integrated irms such as car manufacturers. Verical disintegraion- evoluion from large, funcionally integrated irms within a given industry toward networks of specialized irms, subcontractors and suppliers.
