Fordism definition

Fordism

Manufacturing philosophy that aims to achieve higher productivity by standardizing the output, using conveyor assembly lines, and breaking the work into small de-skilled tasks. Whereas Taylorism (on which Fordism is based) seeks machine and worker efficiency, Fordism seeks to combine them as one unit, and emphasizes minimization of costs instead of maximization of profit. Named after its famous proponent, the US automobile pioneer Henry Ford (1863-1947).

Fordism is in the Industries, Manufacturing, & Technology subject.

Fordism appears in the definition of the following term: Taylorism

This content can be found on the following page:

http://www.businessdictionary.com/definition/Fordism.html