What is specialisation?

We specialise in something we are skilled at and will become better at, and so we will be able to produce more of that good or service. 

?

Specialisation

Advantages

  • Workers become quicker at producing goods (more productive)
  • An increase in productivity causes the cost if production to decrease (lower average costs)
  • Production levels are increased
  • Specialised workers tend to get higher pay
  • Workers' specific skills will be improved
  • More motivation from job satisfaction

Disadvantages

  • Greater cost of training workers
  • Quality may suffer if workers become bored by the lack of variety in their job
  • More expensive workers
  • Boredom for the worker as they do the same job everyday
  • Workers' skills may suffer as they are only doing one job
  • Workers may eventually be replaced by machinery

Evaluation

Comments

No comments have yet been made