1.2.4 Specialisation Flashcards
Division of labour
Involved individuals in specialising in one particular type of activity in the workplace → each employee has a specific task and repeating this task lets them do it fast and well
specialisation
People, organisations and economies concentrate on specific economic activities because they have an advantage in that field
advantages of division of labour
Higher productivity and lower cost per unit of output→ workers are more productive, cost per unit falls as less labour is needed for the same product/more is made with the existing labour force: aids economic growth and living standards
- More jobs available: tasks done quicker
- Should become more skilled, better at their jobs
- Less time wasted moving from jobs as people become specialised in one part
- Capital machinery used continuously in production: higher speed
- Time is saved training workers, more time working and less costs
disadv of DoL
Monotony of work: monotonous and boring
- Lower quality of work/less productive workers
- Increased staff turnover, increased recruitment and selection costs
- Chance of structural unemployment → Workers are more likely to be replaced by machines
Greater dependence and higher risk → split tasks up into separate tasks and each one will rely on one another. If one part breaks down the whole process breaks down
- Damaging firms rep as products can be delayed, impacting productivity
how to rectify the problems of DoL
- Financial reward system –> How much you earn = quality of work
- Job rotation → relieves boredom and increases flexibility
- Fringe benefits offered (gym etc)
- Have little teams work together
- Implement motivation strategies
specialisation benefits (employee, country, economies)
- Employee: individual has greater skills and more in depth knowledge to improve the quality and quantity of the service or product concerned
- country/region: can produce certain goods/services that they are best at producing ans then exchange them for those of other countries –> increases trade and boosts the economy
- People and economies: try to develop expertise through education, training and research → focus on what they do well increases output and economic growth occurs
- Finite resources can be used efficiently and lead to higher standards of living/more profit —> can solve the fundamental e problem concerning the allocation of resources
specialisation problems
- Hard to work as normal when workers who are not present cause a massive dent in productivity
- Specialised worker with narrow skill set may become unemployed and fail to find work
- Repeated training may be needed
- if the g/s becomes unfashionable, then people are out of work (also if resources run out)
- if the country is dependent on this for the economy, can affect them