State at least two advantages and disadvantages of work specialization
What will be an ideal response?
Work specialization is the way in which tasks in an organization are divided into separate jobs. The main advantages of work specialization are as follows:
• Having only one task to perform, it helps increase the productivity of employees.
• It makes training new workers much easier when replacements are needed.
However, there are trade-offs when organizations make jobs highly specialized. Highly specialized jobs can cause organizations to lose the ability associated with employees who can be flexible in what they do. By spending all their time performing specialized tasks well, employees fail to update or practice other skills. Organizations may also struggle with employee job satisfaction when they make jobs highly specialized.
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The production cost reports show the calculations for the physical flows and the ________ flows of the products
A) cash B) price C) cost D) supply
When Ellen completed her life insurance application, she answered "No" to the question, "Have you ever had hepatitis?" She had hepatitis two years ago. If Ellen dies shortly after the policy is issued, the insurer may be able to deny the claim because of the doctrine of:
(a) concealment (b) insurable interest (c) warranty (d) misrepresentation