What is one potential problem with specialisation?
It can result in over-concentration on particular activities and products.
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What are two advantages of specialisation?
Resources can be focused on their most productive lines, and focusing on a set task enables an individual, company, region or country to become more productive in that task.
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What are another two advantages of specialisation?
Larger outputs can be produced at lower unit costs, and the concentration of specialists enables the sharing of knowledge and skills between specialists.
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What is one disadvantage of specialisation?
Specialisation can lead to over-reliance on a set tasks or product, so when the product or task is no longer required the specialist becomes redundant.
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What is another disadvantage of specialisation?
Focusing on set tasks means that specialists spend all the their time doing the same or similar things with little opportunity for variety.
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Other cards in this set
Card 2
Front
What is one benefit of specialisation?
Back
It can lead to increased production levels.
Card 3
Front
What is one potential problem with specialisation?
Back
Card 4
Front
What are two advantages of specialisation?
Back
Card 5
Front
What are another two advantages of specialisation?
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