Specialization by https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw What is the meaning of specialization? Write one advantage and one disadvantage of specialization? en-us 2021-08-12 04:03:59 UTC 2024-07-20 13:20:45 UTC hello@padlet.com Specialization in business involves focusing on one product or a limited scope of products abdulwasay3246 https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676483788 Advantage
Workers become quicker at producing goods 
Disadvantage
Risk of worker alienation. 
by Abdul wasay]]> 2021-08-12 06:12:44 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676483788 Syed Younus Ahmed https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676486869 Specialization is what we choose as a work we are good at.
Advantage: The work can be done fast by the specialization.
Disadvantage: If one person is absent so the work cannot be done which effect all the work.]]> 2021-08-12 06:16:19 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676486869 Specialization in business is to focus on one thing in which you are good. https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676488796 Advantage:you will be good at the buisness.
Disadvantage:but sometime doing again and again one thing you can get boring.
Rayyan amin]]> 2021-08-12 06:18:31 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676488796 Specialization is when a men is trained for specific work. https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676489367 It helps to make product easily.
If one worker is absent it may cause a loss.
By: AbdulAhad]]> 2021-08-12 06:19:12 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676489367 the process of concentrating on and becoming expert in a particular subject or skill. The biggest advantage of specialization is that it reduces the The biggest advantage of specialization is that it reduces the risk of error as the person who is a specialist is less likely to commit a mistake in doing a particular task than a non-specialist person doing the same task.Disadvantage Greater cost of training workers. Quality may suffer if workers become bored by the lack of variety in their job. https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676489953 Rishy kumar ]]> 2021-08-12 06:19:54 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676489953 M.jawed https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676491403 Specialization is to be perfect in any work and have ability to do that
It’s dis advantage is it’s make us bore]]> 2021-08-12 06:21:46 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676491403 Name: Adil https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676491430 Ans: specialization is that we choose a work we are good at. Advantage is that we can increase productivity by specialization. Disadvantage Great cost spend to train worker ]]> 2021-08-12 06:21:48 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676491430 Specialization is process of concentrating in a subject or skill. https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676492927 Advantage
production level increases
Disadvantage
Workers cannot multi task
By Syed Ashad Hussain]]> 2021-08-12 06:23:34 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676492927 the process of concentrating on and becoming expert in a particular subject or skill. https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676495753 2021-08-12 06:26:57 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676495753 Anaya Danish https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676513389 A particular area which someone concentrates on or is an expert in.

Advantage: It is easy to do the task you are expert in.
Disadvantage: It gets boring doing the same work and could not multitask]]> 2021-08-12 06:48:13 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676513389 MAHNOOR MUSHTAQ https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676513623 When people in business concentrate on what they are expert at.

Advantage: Workers became quicker in producing goods
Disadvantage: gets boring, cannot multi task, restrictions to apply.]]> 2021-08-12 06:48:29 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676513623 by rubaisha https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676513794 Specialization in business involves focusing on one product or a limited scope of products so as to become more efficient. Specialization can increase the productivity of and provide a comparative advantage for a firm or economy.

disadvantage:
Risk of worker alienation. Risk of disruptions to production process. Risk of structural unemployment due to occupational immobility.
advantage:
Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors.

]]> 2021-08-12 06:48:41 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676513794 Hiba Khan https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676514297 Specialisation is a process in which you concentrate on a particular skill or subject. 
Advantage: higher productivity 
Disadvantage: repetition of the same work everyday may lead to loosing interest in job.

]]> 2021-08-12 06:49:02 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676514297 Specialization 471934tcs https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676514848 Specialization in business involves focusing on one product or a limited scope of products so as to become more efficient. Specialization can increase the productivity of and provide a comparative advantage for a firm or economy.

Advantages: Workers become quicker at producing goods.
Production levels are increased.

Disadvantages: Gets boring 
Cannot multitask

Aimen Junaid
]]> 2021-08-12 06:49:37 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676514848 Momina Sohail 9S https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676515052 Specialisation occurs when people concentrate on something their good or skilled at.
Advantage of specialisation is that the production of goods is increased.
Disadvantage of specialisation is that if any one worker is absent it might stop the production of goods.]]> 2021-08-12 06:49:51 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676515052 Hadiya https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676516361 Specialisation
Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency
Advantage:
  • An increase in productivity causes the cost if production to decrease (lower average costs)
disadvantage:Becomes outdated: This is often experienced during mid-career life. 
]]> 2021-08-12 06:51:15 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676516361 Areeba https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676518021 Specialization
People concentrate on business at which they are best at . 
Advantage : As it is your choice and you are interested in it productivity will increase.
Disadvantage : 
  • Workers may eventually be replaced by machinery.
]]> 2021-08-12 06:53:07 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676518021 Hiba atif 9-s https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676518550 Specialization means making or becoming specialized. A specialized person to work in his/her own business so that there wont be any error
Advantage is that they include great economic efficiency ,opportunity for growth 
Disadvantage include division of labour  e.g the risk over specialization and threats to uncompetitive sectors.]]> 2021-08-12 06:53:42 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676518550 Zainab Fatima https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676518607 Specialization is when we concentrate on a product or task and then become efficient in it.
The advantages are:
1. Higher output: Production of goods and services is reaised and quality can be improved. 
2. Variety: Consumers have a great variety of high quality products
3. A bigger market: Global Trade increases the size of the market offering opportunities for economies of scale
4. Competition and lower prices: Increased Competition acts as an incentive to minimise costs, keep prices down and therefore maintains low inflation.
5. There is low risk of errors
The disadvantages of specialization are :
The person gets bored and then wants to try something new

]]> 2021-08-12 06:53:47 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676518607 yumna sarfaraz https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676519513 Specialization in business involves focusing on one product or a limited scope of products so as to become more efficient.
the advantage is it grow upwards
disadvantage is it get's boring]]> 2021-08-12 06:54:53 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676519513 HayaZamir 9S https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676531975 Speciallization:
is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. Specialization leads to a much more efficient supply chain and opens up greater production possibilities.
Disadvantage of speciallization :
1) Jobs can be too simplified.
2) Quality of work my suffer.
3) Abssenteeism rises.
Advantages of Speciallization :
1) Work can be performed more efficiently. 
2) Allows managers to supervise more employees. 
3)Employees can gain skill and expertise.

]]> 2021-08-12 07:09:36 UTC https://padlet.com/maaheenashraf/yb48lkm7b1ltzyvw/wish/1676531975