Question:
What are the Advantages of Specialisation?
Author: eric_galvaoAnswer:
-People specialising into what they do Best can lead to Better Quality and more Quantity for the Same Amount of Effort - Labour Productivity Improves -This is one way Firms can have Economies of Scale - a Production Line is a Form of Specialisation -Efficient Production helps tackle the Problem of Scarcity. If Resources used better, then More Output can be made per Input of Resource -Training Costs reduced if Workers trained to make Limiting Tasks
0 / 5 Â (0 ratings)
1 answer(s) in total