Which of the Following Is Not a Disadvantage of Specialization

question 43

Multiple Choice

Which of the following is not a disadvantage of specialization?

• A)Low wages due to ease of substitutability of labor
• B)Difficulty in controlling quality because no one has responsibility for entire product
• C)Boredom stemming from repetitive nature of work
• D)Worker dissatisfaction leading to hidden costs
• E)Little gratification from work itself because of small contribution to each item

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Tender Offer

A tender offer is a proposal made publicly by an investor or company to purchase some or all of shareholders' shares in a corporation at a specified price.

Consolidation

The process of combining multiple companies or financial statements, often to present a unified set of financials or to merge businesses.

Spinoff

A corporate action where a company creates a new independent company by selling or distributing new shares of its existing business.