Case Interview Prep

Category - Economics

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A software company manager assigns new roles within an Enterprise Resource Planning project according to recent training and acquired skills. This type of task assignment is referred to as:

generalization
specialization
capitalism
opportunity

Explanation

Answer: B - This type of task assignment is referred to as specialization.
Key Takeaway: In economics, specialization is designed to assign tasks and roles within an organization in order to increase productivity, especially given the increasing complexity of the industrialization era. Specialization matches the skills and capabilities of individuals with given roles and divides labor among employees.

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