What Is Labor Specialization? Specialization of labor is most often known as the division of labor and refers to a process in business in which large tasks are divided into smaller tasks, and different employees or different groups of employees complete those tasks. What do u mean by specialization of labor? An alternative term for
What Are The Advantages And Disadvantages Of The Division Of Labor? Increase in production. … Time saving. … 3. Development of greater skill. … Large scale of production. … Lower unit cost. … Economy in the use of tools. … Less fatigue. … Production of standard goods. What is the disadvantage of the division of
What Are The Advantage Of Division Of Labour? The division of labor encourages efficiency because each person works on one small task, is able to master it, and doesn’t have to constantly switch between tasks; but it also incentivizes each worker to make their particular job faster and easier. What are the advantages of division
What Is Division Of Labor In Economics Quizlet? division of labor. the way in which the work required to produce a good or service is divided into tasks performed by different workers. What is the division of labor quizlet? breaking down of the production process into small parts with each worker allocated to a specific