Commerce

Disadvantages of Division of Labour

len Alfred Ajibola - Wed, 05th February, 2020 @ 12:42

Topics in Commerce

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Academic Questions in Commerce

Please check out our Test Your Knowledge page to see all Questions and Answers

The followings are advantages of division of labour EXCEPT _____.

  • A. It promotes the use of machines in production industries
  • B. There is an increase in profit
  • C. It saves time and expenses of training
  • D. It fosters the spirit of division
  • E. It increases the production of quality goods and services in the market
  • F. It increases a country's economic growth

Which of the following statement is incorrect concerning division of labour?

  • A. It is the specialization of works
  • B. It can become monotonous
  • C. It is the specialization of processes
  • D. The nature of a job is not a condition for division of labour
  • E. A person performs only a part of the job
  • F. Division of labour has some of its drawbacks

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Disadvantages of Division of Labour:

Division of labour is a process utilized by large businesses as an efficient means of production. Even small to medium sized businesses utilizes division of labour because of the many advantages associated with it.

Please read on the Advantages of Division of Labour here.

However, division of labour also has some of its setbacks or disadvantages and that's what this article is all about.

You can read on the Concept of Division of Labour here.

Below are the disadvantages of division of labour:

  1. It may become difficult to hold any of the workers accountable for poor sales since they were all cooperative in the processes of production.
    Please read on Cooperation and Types of Cooperation here.

  2. The job becomes monotonous and boring since the worker does the same work over and over again.
    Please read on Management and Importance of Management here.

  3. Special skills and potentiality of workers may not be harnessed since they always do the same job.
    Please read on the Scope and Importance of Business Studies here.

  4. If dismissed from work, a worker faces the risk of unemployment because he or she is not diversified in work experience.
    You can read on how to start a home based Fish Farming Business here.

  5. Some sets of workers may be under appreciated due to the nature of their specialization.
    Please read on the Disadvantages of Money here.

  6. Over-dependence on certain departments of production may prove disastrous especially when an unexpected negative event occurs to a vital department of production. For instance, fire outbreak occuring in the department containing the control machines.
    Please read on the Factors necessary for Division of Labour here.

  7. In the occupational form of division of labour, a part of an economy will crumble If a crucial institution in a society, for instance, medical institution embarks on strike. To this end, precious lives will be lost. Also, a breakdown in the transport industry will affect the economic activity in the transport sector of the society.
    Please read more on the Forms of Division of Labour here.

  8. A worker cannot claim the glory that comes along with a great job even when he does the most important aspect of the job. This is so because the process of division presents a job specification for each worker.
    You can read on the Attributes and Benefits of Honesty here.

  9. If there is a limitation in the size of the market, division of labour will not feasible.
    Please read on the Concept of Market in Economics here.

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Alfred Ajibola is a Medical Biochemist, a passionate Academician with over 7 years of experience, a Versatile Writer, a Web Developer, a Cisco Certified Network Associate and a Cisco CyberOps Associate.


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Amazing facts in Commerce

Amazon is an e-commerce website launched in 1995. It did not make any profit for its first seven years.
Amazon's first profit was in 2003. Its founder "Jeff Bezos" is the richest man in the world as at 2018/2019


NOTABLE POINTS IN Commerce

Commerce can be defined as the exchange of goods and services, usually for money and on a large scale that will require the transportation of such goods and services.

Commerce is very important to the life of any Nation for the following reasons:

  1. Commerce facilitates the exchange of goods and services which everyone can enjoy, regardless their location or whether the goods is produced within or outside their country.
  2. Commerce creates an awareness of the existence of goods and services through advertising.
  3. Commerce offers employment to a very large number of people in a Nation.
  4. Commerce promotes rapid transfer of both oral and written messages through communication.
  5. Commerce determines the standard of living in a Nation. This is because the extent of commercial activities is crucial to wealth of  a nation.
  6. Commerce makes for the protection against risk in day to day business operations.
  7. Through commerce, there is a steady supply of goods in a Nation. This is because commerce ensures that goods produced are stored until needed.

A public company is not owned by an individual. Usually, it is owned by groups or a very large number of people.

The shares of a public company are traded freely on the stock exchange.

Below are some features of a public company

  1. A public company must receive it’s training certificate to commence business.
  2. The minimum membership is two while the maximum membership is limitless.
  3. A public company has a legal status. It can sue and be sued.
  4. A public company files and publishes its annual reports, including its accounts.
  5. The liability of its members is limited.
  6. The shares are easily transferrable through the stock market.
  7. A public company can issue debentures to be secured as its assets.

Please read on the types of business structure here

The four elements of the marketing mix are usually referred to as the 4 “P”. These are:

  1. Product: Anything thing that satisfies a consumer’s need is referred to as a product. Product may come in the form of manufactured goods, raw materials or services.
  2. Price: Price is defined as the exchange value of goods and services supplied. In simple terms, it serves as a mechanism of exchange.
  3. Promotion: It involves all the processes that concerns with how business organizations should inform their customers about its product. If done properly, the demand of product will be increased. Promotions can take the form of advertising, search engine optimization, social media marketing, trade fairs exhibition and so on.
  4. Place: The place as a marketing mix concerns variables such as location and transport facility where the distribution of goods and services take place.

Think of marketing mix as the set of marketing tools that an industry or company uses to drive or accomplish its marketing objectives in the target market