Which of the following is a characteristic of Post-Fordism?
A) Low cost of production
B) High cost of production
C) Low product differentiation
D) High product differentiation

Question

Quizplus · Accepted Answer

Post-Fordism is characterized by high product differentiation, where companies focus on creating unique and specialized products to meet the diverse needs of consumers. This is in contrast to Fordism, which focused on mass-producing standardized products. The high cost of production in Post-Fordism is offset by the ability to charge premium prices for the specialized products.

Which of the Following Is a Characteristic of Post-Fordism