Demerits of specialisation include-exquisite flowers, Business Management

Assignment Help:

Demerits of specialisation include:

  • There is superior risk in providing only a restricted range of products or services, i.e. individual traders are not capable to enjoy risk bearing economies of scale
  • Repetitive and Specialisation tasks can become boring and de-motivate the worker. In this case, Natalie may get 'fed up' with selling only flowers
  • There is a restricted customer base if firms specialise excessively in the provision of one or two products only; this therefore reduces their profitability.

 


Related Discussions:- Demerits of specialisation include-exquisite flowers

Joint ventures may or may not be preferred to wholly owned, QUESTION ‘T...

QUESTION ‘The internalization theory posits that firms would have a strong incentive to avoid joint venture agreements since they are viewed as second best alternatives in allo

How is the lead time determined, How is the lead time determined? Lea...

How is the lead time determined? Lead Time comprises: a. Time to procedure the enquiries and to put the order b. Time to deliver the command to the supplier c. Tim

Business ethics, what is utilitarianism and what are its benefit in busines...

what is utilitarianism and what are its benefit in business

Controlling is the measurement and correction of performance, QUESTION 1 ...

QUESTION 1 Planning is important for the success of an organization. Yet several organisations are reluctant to be involved in the planning process. Discuss the validity of thi

Business Communication, Explain some of the approaches for handling custome...

Explain some of the approaches for handling customer complaints and listening to customers

Shoppers stop, core competencies of shoppers stop

core competencies of shoppers stop

Write short notes on casual labour, Q. What do you mean by casual labour an...

Q. What do you mean by casual labour and what are the rules for their recruitment and benefits admissible to them after they attain temporary status. Write short notes on casual

What do you mean by performance appraisal, What do you mean by Performance ...

What do you mean by Performance Appraisal? Performance Appraisal: This appraisal is an impartial and systematic assessment of an employee’s performance onto the job, alon

Analyze and discuss the suitable resource management, Waste generation is p...

Waste generation is probably the most visible effect that the hotel industry has on the environment. A typical hotel guest is estimated to produce at least 1 kg of waste per day (C

Total of 4 assignments, 1st assignment with 2000 words. 2nd assignment with...

1st assignment with 2000 words. 2nd assignment with 2200 words. 3rd assignment with 820 words. 4th assignment with 2000 - 880 am expecting good pricing to start submitting my assi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd