Presentation is loading. Please wait.

Presentation is loading. Please wait.

Economics LAP 7 Divide and Conquer Specialization and Division of Labor.

Similar presentations


Presentation on theme: "Economics LAP 7 Divide and Conquer Specialization and Division of Labor."— Presentation transcript:

1

2 Economics LAP 7 Divide and Conquer Specialization and Division of Labor

3 Objectives Explain types of specialization. Compare the advantages and disadvantages of specialization and division of labor.

4 Explain types of specialization. Objective

5 The varsity basketball team has won 20 games in a row.The varsity basketball team has won 20 games in a row. How?How? Each player specializes in what he does best.Each player specializes in what he does best.

6 Specialization Make the best use of our resourcesMake the best use of our resources Focus on the production of certain productsFocus on the production of certain products Trade or exchange them for other things we needTrade or exchange them for other things we need

7 Specialized Resources Natural resources Capital goods Human resources

8 Forms of Human-Resource Specialization Specialization by trade or professionSpecialization by trade or profession  Type of work that you perform to earn a living  Most common type of human-resource specialization

9 Forms of Human-Resource Specialization Specialization by stage of productionSpecialization by stage of production  Occurs when more than one stage is needed to change a raw material into a finished product

10 Forms of Human-Resource Specialization Specialization by task  Used when jobs are so specialized that a worker does one small part of the total job  Also known as division of labor

11 Scope and Specialization Scope:  The number of different operations in a job and the frequency with which they are done  Low level task = low job scope Free Toy inside! A tasty, nutritious, breakfast treat! They’re Toadally awesome! Adding toys to cereal boxes is low in scope, but developing the promotional campaign is a high scope job.

12 Depth and Specialization Depth:Depth:  The amount of control an employee has over the task that is to be done  Low depth = low decision-making power  High depth = much decision- making power and ability to set own pace

13 Compare the advantages and disadvantages of specialization and division of labor. Objective

14 Advantages of Specialization Simplified worker trainingSimplified worker training  Simplifying a job task makes it easier to teach and learn.

15 Advantages of Specialization Increased employee interest and satisfactionIncreased employee interest and satisfaction  Employees become proud of their part in the process.

16 Advantages of Specialization Increased production ratesIncreased production rates  As employees become familiar with their jobs, they can increase company output.

17 Advantages of Specialization Increased level of skillIncreased level of skill  Skill level increases as employees practice their job tasks.

18 Advantages of Specialization Increased quality of workIncreased quality of work  As skill increases, the quality of work increases.

19 Advantages of Specialization Ease of transferring to a similar jobEase of transferring to a similar job  Because of their knowledge and skill, employees find it easier to transfer to similar jobs.

20 Advantages of Specialization Higher employee incomeHigher employee income  As employees become more productive, they become more valuable.  Employers may give employees a pay raise as a reward for outstanding performance.

21 Disadvantages of Specialization Increased interdependencyIncreased interdependency  Results when each employee does just one part of a total job

22 Disadvantages of Specialization Increased boredom on the jobIncreased boredom on the job  Caused by continually doing the same task

23 Disadvantages of Specialization Decreased pride in workDecreased pride in work  Caused by repetition or not seeing the final outcome of work

24 Disadvantages of Specialization Decreased morale and enthusiasm for the jobDecreased morale and enthusiasm for the job  Results from decreased pride in work Workers can exhibit a “Who cares?” attitude.

25 Disadvantages of Specialization Increased chance of worker obsolescence because of technological advancesIncreased chance of worker obsolescence because of technological advances  Caused by continuous changes in technology

26 Disadvantages of Specialization High degree of specialization may cause difficulty in transferring or obtaining another job.High degree of specialization may cause difficulty in transferring or obtaining another job.  Results from high salary expectations

27 Combating the Disadvantages of Specialization Job enlargementJob enlargement Job rotationJob rotation Job enrichmentJob enrichment Job satisfactionJob satisfaction

28 How is your work divided up? Advantages? Disadvantages? Ways to overcome disadvantages?

29 According to his union contract, Elijah must use forklift to move everything. He’s not allowed to clean up the box that fell on the floor. Is this a case of specialization that’s gone too far? Is it a logical, efficient way to divide the labor based on know-how? What do you think?

30 MBA Research Acknowledgments Original Developers Christopher C. Burke, April J. Miller, MBA Research Version 2.0 Copyright © 2011 MBA Research and Curriculum Center®

31 Digital-based photography sources: DIGITAL VISION LTD. Teenager Today Obj. B: #130271 Photos copyright Digital Vision Ltd., all rights reserved. 833 Fourth Ave. SW, Suite 800 Calgary, AB, Canada T2P 3T5 ThinkStock Photos Various images used in this presentation are ©2010 Think Stock Photos. All rights reserved www.ThinkStockPhotos.com

32 Copyright: All photographic digital images on this CD are owned by the aforementioned photographic resources or their licensors and are protected by the United States copyright laws, international treaty provisions, and applicable laws. No title to or intellectual property rights to the images on this CD are transferred to you. These sources retain all rights and are not to be used, digitally copied, transferred, or manipulated in any way. To do so is a violation of federal copyright laws.

33


Download ppt "Economics LAP 7 Divide and Conquer Specialization and Division of Labor."

Similar presentations


Ads by Google