specialisation
a production strategy where a business focuses on a limited scope of products and services. This results in greater efficiency, allowing for goods and services to be produced at a lower cost per unit
division of labour
different workers specialisation in different productive activities
advantages of specialisation
can perfect product to achieve higher customer satisfaction
can access EOS
higher productivity
quick and fast (dependant on quality)
disadvantages of specialisation
limited customer base
can become boring (motivation)
skilled workers need higher pay
a fault in one area could affect the whole process