DIVISION OF LABOR.

Hey Guys, A New Day it is to learn, understand and to live. Gratitude should Therefore go to God for the Grace to see this day. Today we are concentrating on the above mentioned topic.

Division of Labor is the breaking down of Production process into smaller duties, in order for it to be performed by more than one person and in a faster way. In Order words, when work is shared among more than one person, it is Division of Labor.

Specialization is the concentration of a worker in the performance of a particular job. A typical example, is when a person goes to the university to become a specialist in Law and then goes forward to defend people in court, that is Specialization.

ADVANTAGES OF DIVISION OF LABOR.

1. Increase in Output- It provides more hands to do a job and thereby more result will be gotten.

2. Time saving- It saves time by reducing time used in one process of production. For example, the harvesting of tomatoes for the making of Tomato Paste, if more than one person does it , it will be completed in no time and then it would be easier to move to the next stage of production of tomato paste.

3. Creation of Employment- when more hands are needed, more employment will be created and more Families will move up the Financial Ladder otherwise called Standard of Living.

4. Increases Skills- when a person does a thing continuously everyday, he/she becomes an expert at it. So it is no longer a hassle to do your duty.

5. Encourages Specialization- Division of Labor encourages specialization because when you keep
doing one thing you specialize in it.

DISADVANTAGES OF DIVISION OF LABOR.

1. Immobility of Labor- When you are a specialist in a particular job it becomes impossible to do any other thing. It limits you within your specialization.

2. Unemployment- Division of Labor now includes the use of machines to do the jobs and this has made jobs very scares for people, because most companies have machines to do the jobs faster and more accurately.

LIMITATIONS OF DIVISION OF LABOR.

1. Nature of the Product- Some Products by nature do not need division of labor. For example, Driving, Barbing etc.

2. Size of the Market- The level of demand of goods and services determines if a company can afford division of labor of its workers.

3. Level of Technology- The development of technology makes the use of machines possible, it can extend the use of division of labor and specialization.

This concludes our session for today, hope you had fun and you understood everything we touched today? For your Questions forward them to dividiamond@gmail.com. Until we meet again, remain ever blessed.