IGCSE, A Level Business Student Forum

[KN] Cost Efficiency
[AN] Specialization can reduce wastage of resources and deal better with the customers which will improve efficiency of resources being produced
[AN+] Thus leading to cost saving and profit increasing as customers would be satisfied with the service.

[KN] Brand loyalty
[AN] Focusing more on the certain product allows business to improve its quality and to check the needs and wants of the customer.
[AN+] this will allow the business to work more on product development and customer satisfaction.

3. Analyse the advantages of specialization for a car manufacturer. [6]

[KN]Improved efficiency of workers
[AN]Workers will make less errors, providing premium quality output
[AN+]this will help not only reduce costs on fixing errors/production but will also encourage customers to pay higher prices for premium output, increasing sales and profits

[KN]Brand image and customer loyalty
[AN]customers will tend to stick with brands providing them high quality products, and pay more, increasing their profits, loyalty and brand image
[AN+]through this the business can expand, increase their market share, and be more competitive in the market, showing them as dominant

[KN] Increase efficiency
[AN] With an increase in specialized workers the car manufacturer would end up with higher output as they would be producing more in less time
[AN+] this would lead to an increased in output for the frim

[KN] less cost
[AN] raw material cost would be saved as they would be producing more with less raw material
[AN+] this would lead to an increase in output for the firms

(Kn) Improved quality (an)
When workers perform what they’re specialized at it, decreases the chances of mistakes and produces better quality products (an+) therefore, it enhances brand image.

(Kn) less wastage of material (an) When worked performance what they are used to doing and specialized in it increases efficiency and less material is wasted. (An+) hence this decreases cost and attracts more customers and increases competition for competitors.

[kn] ensures quality
[an] since specialized workers have skill in the specific task assigned to them
[an+] output increased in less time and quality products are ensured

[kn] less wastage of resources
[an] workers performing the same task constantly hence becoming experts
[an+] making fewer mistakes and resulting in less waste and reducing costs for the business

(KN) Improved efficiency
(AN) as through specialization, the car manufacturer will be able to focus on specific tasks more qualitatively
(AN+) hence meaning that it would improve efficiency as the product will be manufactured more swiftly and accurately.

(KN) Faster manufacturing without many errors
(AN) as by due to specialization the car manufacturer will be able to make the product more quickly and efficiently,
(AN+) hence meaning also that it will have less chances of any error and improved quality as well.