Post Utme Summit University 2019 Commerce Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Summit University Commerce examination.

Post Utme Summit University 2019 Commerce Objective / Multiple Choice
Question 16 POST_UTME_SUMMIT_UNIVERSITY • 2019 • COMMERCE • objective

The concept of specialization in production is closely related to the idea of division of labor. Discuss how specialization can lead to increased productivity and efficiency in a firm.

Answer Options

A. Increased productivity and efficiency are achieved through the use of specialized machines and equipment.
B. Specialization leads to a decrease in the number of workers required, resulting in lower labor costs.
Correct Answer C. The division of labor allows for the development of new skills and expertise among workers.
D. The concept of specialization is only relevant in large-scale industrial production.
Correct Answer
C
Correct Option:
The division of labor allows for the development of new skills and expertise among workers.

About This Question

This is Post Utme Summit University 2019 Commerce Question 16. It is one of the objective questions from the 2019 Post Utme Summit University Commerce examination.

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