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 Were The Benefits And Disadvantages Of Specialization? Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors. The disadvantages of specialization include threats to uncompetitive sectors, the risk of over-specialization, and strategic vulnerability. What were the disadvantages of specialization? Greater cost of training workers. Quality may suffer if
What Are The Results Of Specialization? Occasionally, people who specialize in a field develop new techniques or new technologies that lead to huge increases in productivity. Increased specialization ultimately leads to higher standards of living for all those involved in economic exchanges. What are benefits of a specialization? The benefits of specialization include a larger
What Is A Degree Specialization? A specialization is a focused area of study of attached to a specific major, with specific coursework beyond major requirements. A specialization is a focused area of study attached to a specific major, and is in addition to course requirements for the major. What is graduation specialization? A graduate specialization