Specialisation

Question 1

What is specialisation

Answer 1

When we focus on a product or task

Question 2

What is the division of labour labour

Answer 2

When production is broken down into separate tasks

Question 3

Where is the uk increasing its specialisation

Answer 3

Services sector (largely around the growth of the financial industry)

Question 4

Name some advantages of specialisation

Answer 4

1) division of labour makes it cost effective to provide specialist tools, equipment and training
2)can lead to competitive innovation
3) results in lower production costs making the product more price competitive on international markets
4) product quality and reliability will increase non price competitiveness

Question 5

Name some disadvantages of specialisation

Answer 5

1) workers develop select skills reducing their flexibility within the job market
2) firms become over reliant on workers and abscence can cause a  Holt in production
3) worker may lack motivation due to repetitiveness potentially effecting quality