All of the Following,except One,help Explain Why Specialization Leads to Greater

question 15

Multiple Choice

All of the following,except one,help explain why specialization leads to greater production than is otherwise possible.Which is the exception?

• A) It allows the organization of production in business firms.
• B) Specialization reduces the time lost in moving from one activity to another.
• C) As workers repeat an activity over and over,they hone their skills and become more expert.
• D) Specialization allows workers to be assigned to the activities for which they have the greater natural ability.
• E) The more often workers repeat an activity,the more stimulating and enjoyable they find it.

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Definitions:

Vested Interest

A personal stake or involvement in an undertaking or situation, where the individual stands to gain from its successful outcome.

Environmental Uncertainty

A lack of predictability or stability in the external conditions that can affect an organization's performance.

Resource Dependence

The dependency of organizations on environmental inputs, such as capital, raw materials, and human resources as well as outputs such as customers.

Environmental Uncertainty

The unpredictability that an organization faces due to external factors beyond its control, such as economic conditions or technological changes.