specialisation Flashcards
1
Q
specialisation
A
a production strategy where a business focuses on a limited scope of products and services. This results in greater efficiency, allowing for goods and services to be produced at a lower cost per unit
2
Q
division of labour
A
different workers specialisation in different productive activities
3
Q
advantages of specialisation
A
can perfect product to achieve higher customer satisfaction
can access EOS
higher productivity
quick and fast (dependant on quality)
4
Q
disadvantages of specialisation
A
limited customer base
can become boring (motivation)
skilled workers need higher pay
a fault in one area could affect the whole process
