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Globalization of Technology International Perspectives (1988) / Chapter Skim
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Fifteen Years of Major Structural Changes in Manufacturing
Pages 80-85

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From page 80...
... These attitudes continued into the early 1970s, at which time the industry experienced the oil price increase, several recessions, and hardly any corresponding boom in the economy. In addition, the Japanese offensive which began in the 1970s has presented difficulties for many companies in Western Europe and the United States.
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From page 81...
... The automotive industry also has new tools for product development. Computeraided design has led to, if not a revolution, much higher efficiency.
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From page 82...
... Automated manufacturing technology provides an opportunity for smaller-scale production to become profitable. Robots coupled with new types of numerically controlled machines provide flexibility.
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From page 83...
... . In Japan, the annual combined research and development budget of the automotive industry comfortably exceeds the European Economic Community's funding of collaborative research plus the budget of the European Space Agency.
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From page 84...
... Volvo has used this approach to extend work cycles from 90 seconds up to 1 or 2 hours, to let the employees organize themselves the way they find appropriate and to do things right and exercise their own quality control. The most common work organization today is a team of 3-12 people who are responsible for a well-defined part of the production.
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From page 85...
... Serious investors understand that technology and product development takes time and requires research and development by competent people. Short-term speculations are detrimental to the manufacturing industry.
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Key Terms

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  • mainframe computers
  • transfer lines
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  • microcomputers assist
  • iceberg support
  • technological advance
  • plant projects
  • manufacturers chose

  • economic conditions
  • automated production
  • technology provides
  • investors understand
  • jobs directly

  • growing faster
  • mature industry
  • industry experienced
  • industrial sector
  • base wherever

  • becoming apparent
  • particular work
  • positive attitudes
  • extensively throughout
  • selling cars


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