1️⃣ Flashcards
1
Q
specialisation
A
a person or org concentrates on a task that they are best at
2
Q
pros of specialisation
A
- save time, energy
- skill development
3
Q
cons of specialisation
A
- repetitive, high labour turnover
- over-dependent, production delayed
4
Q
division of labour
A
production is split into different tasks and a worker performs one of these
5
Q
how to increase added value?
A
- branding
- excellent service/quality
- product features
- convenience
