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What is the significance of the division of labor and specialization on the product and productivity of U . S .A?
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What is difference between product and productivity?
productivity is the number of goods made by division of employees...production is the number of goods made
What do the terms specialization and division of labor mean. how is each related to productivity?
Specialization means focusing on a specific task. To use the example of building cars, if your only job is to put the windshield on then that is your specialty. Division means breaking up the work between different workers. As with the previous example, if I have one person put on the windshield, one person put on the wheels, one person put on the mirrors, etc. then the labor has been divided. Without division of labor you would have each worker build an entire car from start to finish. In general, specialized workers are more productive than general laborers, allowing the same number of workers to complete more product in the same span on time.
How do you determine what happens to productivity when a product's input change?
Supply curve
How does the law of diminishing marginal productivity affect the cost of productions?
When marginal productivity is diminished, the cost of productions can decrease if the marginal costs for making an extra product is larger than the marginal revenue for that 1 extra unit product.
Why does specialization make trade between countries easier?
When a country is good at making their product they specialize in it, and improve the product to make more money. If another country doesn't have that but specializes in something the other one needs, then they will trade. This is why specialization encourages trade.
What is difference between product and productivity?
productivity is the number of goods made by division of employees...production is the number of goods made
Improving marketing product changes for effective productivity?
Improving marketing product changes for effective productivity?
How does quality directly affect productivity?
Quality affect productivity. When quality of a product is damage the demand of product also damage so that people do not buy this product. Bad quality product decrease it personal image.If people do not buy that product automatically productivity also fall.
What is a labor specialization?
It is a production process which uses division of labour to produce large number of goods at the lowest possible cost that is by dividing labour into the production of a product by giving a specific task so they can concentrate and produce it more accurately.
What is the Product obtained by division?
The product obtained by division is the Quotient
What do the terms specialization and division of labor mean. how is each related to productivity?
Specialization means focusing on a specific task. To use the example of building cars, if your only job is to put the windshield on then that is your specialty. Division means breaking up the work between different workers. As with the previous example, if I have one person put on the windshield, one person put on the wheels, one person put on the mirrors, etc. then the labor has been divided. Without division of labor you would have each worker build an entire car from start to finish. In general, specialized workers are more productive than general laborers, allowing the same number of workers to complete more product in the same span on time.
What is the specialization for advertisement?
To sell the product by misleading info to the public.
What is focusing on one job product or service called?
Specialization
What has the author Douglas Addison written?
Douglas Addison has written: 'Productivity growth and product variety' -- subject(s): Industrial productivity, Product lines
Specialization in production is economically beneficial primarily because it?
Specialization allows businesses to charge a higher price for the product. When a product is specialized, customers are will to pay more in order to have access to the upgraded features.
What are worldwide area division structure and worldwide product division structure?
1. Worldwide product division structure - The worldwide product division structure is an organizational structure where the first division after the CEO is by product. 2. Worldwide area structure - The worldwide area structure is really the geographical division structure, and is an organizational structure where the first division after the CEO is by geographical area.
What is division used for?
Division is used for finding the product to an answer
