division of labour & specialisation Flashcards

1
Q

division of labour advantages

A

efficient, less workers, cheaper product, cheaper production costs, higher quality

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2
Q

specialisation advantages

A

higher output, variety, bigger market, competition and lower prices, surplus can be exported

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3
Q

specialisation disadvantages

A

costs may eventually become too high, resource scarcity, technical failure can be drastic, fall in demand, competition may rise, workers getting bored, over-extraction of resources

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4
Q

division of labour advantages for workers

A

increased skillset, increased job satisfaction(possibly), could increase standard of living if earning more

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5
Q

division of labour disadvantages for workers

A

unrewarding, lower motivation, less pride in work, absenteeism increase, higher worker turnover, risk of strain injury, little training, structural unemployment

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6
Q

what is division of labour

A

allocation of workers to specific tasks in the production line

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7
Q

what is specialisation

A

where a country, business or worker focuses on the production of a limited range of products in order to gain efficiency, with the aim of increasing production and lowering costs

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8
Q

what is job rotation

A

involves the movement of employees through a range of jobs in order to increase interest and motivation

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